Dorel reports 3.9% decline in Q3 sales
Company also narrows its adjusted net loss to $10.4 million, from $34.7 million last year MONTREAL — Dorel Industries reported a 3.9% decline in revenues …
Tag: Up Close
Tempur Sealy offers update on Mattress Firm deal, announces 3rd-quarter financial results
On its latest conference call, Tempur Sealy International Inc. announced financial results for the third quarter ended Sept. 30 and revised financial guidance for the full year 2023. It …
Beyond Inc. announces change in leadership
Jonathan Johnson steps down as chief executive officer, President David Nielsen named interim CEO MIDVALE, Utah — Beyond Inc., formerly Overstock.com Inc. which now operates …
Carol Gregg named president of HPxD board
The founder of red egg succeeds Splashworks owner Tom Van Dessel, who has been president since 2021 HIGH POINT — High Point by Design, a …
Havertys Furniture reports drop in Q3 revenues, earnings
However, the retailer remains profitable, with an increase in gross profit margins that rose to 60.8% compared to 57.1% last year ATLANTA — Havertys Furniture …
Magnussen Home Furnishings undergoes restructuring
Company also recently has hired new personnel, including Kay Canada as VP, sales HIGH POINT — Full-line furniture resource Magnussen Home Furnishings has undergone a …
Wayfair reports 3.7% increase in Q3 net revenues
Company also narrows net loss to $163 million from $283 million last year BOSTON — Wayfair Inc. reported a 3.7% increase in total net revenues …
Flexsteel reports 1.1% drop in net sales for fiscal Q1
Net income, gross margin rise due to expense controls, other cost savings initiatives DUBUQUE, Iowa — Full-line furniture resource Flexsteel Industries reported a slight decrease …
IHFRA promotes Steve Allegrezza to executive director
Effective Jan. 1, 2024, he fills a role held by Ray Allegrezza, who will remain manager of content and events HIGH POINT — The International …
Latest Overstock results reveal challenges, opportunities in the retail sector
Despite decreases in revenues, company has gained 300,000 new customers in the past quarter following acquisition of Bed Bath & Beyond MIDVALE, Utah — Overstock’s …
