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Flexsteel Records Double-Digit Profit Hike Despite Sales Decline

Upholstery and case goods resource Flexsteel Inds. (NASDAQ:FLXS) said sales slid 3.7% to $120.8 million in the quarter ended March 31, but profits rose nearly 10% to $7.6 million or 96 cents per share.

Nominations Open for 40 Under 40 Listing

Home Furnishings Business has kicked off its search for the best and brightest young professionals in the home furnishings industry by opening nominations for its annual 40 Under 40 listing.

Fine Furniture Design, Biltmore Extend Licensing Deal

Hoping to build on the success of two top-selling case goods collections, Fine Furniture Design and Biltmore have signed a five-year extension of their licensing agreement.

Dutch Producer Eichholtz Opens U.S. Warehouse

Eichholtz, a Dutch manufacturer of high-end furniture, lighting and accessories, has opened a U.S. warehouse to facilitate the expansion of its U.S. and Canadian distribution.

Select Comfort Registers Double-Digit Q1 Sales, Profit Gains

Airbed manufacturer and retailer Select Comfort (NASDAQ: SCSS) said first-quarter profits were nearly double last year’s opening quarter as sales rose 11.6% to $393.9 million.

N.C. Governor Sets Friday Visit to High Point Market

North Carolina Gov. Roy Cooper will be among the speakers at tomorrow’s ribbon-cutting and grand opening celebration for the new Christopher Guy showroom building at 129 S. Hamilton St.

Gold Bond Stages Social Media Contest at Market

Independent mattress producer Gold Bond is staging its second social media contest in its showroom during this week’s High Point Market, giving participants a chance to win prizes ranging from a chocolate bar to a 15% discount off a future order.

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