Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google

Get the latest industry scoop


Daily News

From Home Furnishing Business

Raw Materials Costs Crimp Leggett & Platt Profits

Leggett & Platt (NYSE: LEG), a major supplier of furniture and bedding components and finished furniture, said second-quarter sales rose 3.2% to $989.3 million, but profits tumbled nearly 28% due to higher raw materials costs.

Reverie Names Westerman to Key Operations Post

Adjustable bed producer Reverie has named Michael Westerman vice president of operations, a new position for the company.

Matt Firm Absence Sends Tempur Sealy 2Q Sales Down 18%

The loss of Mattress Firm left a gaping hole in the top line at Tempur Sealy International (NYSE: TPX) as second-quarter sales tumbled 18% to $659.3 million.

Rent-A-Center Has Q2 Loss as Revenues Fall Nearly 10%

Rent-A-Center (NASDAQ: RCII) said revenues fell nearly 10% to $677.6 million in the quarter ended June 30, and the struggling rent-to-own major recorded a net loss of $8.89 million or 17 cents per share.

Surya to Open Year-Round Showrooms in Chicago, Six Other Cities

As part of a regional expansion strategy, rug and home décor resource Surya is set to open seven year-round design showrooms across the country during the next 12 months.

Ethan Allen Sales, Profits Lower in Q4, Fiscal Year

Vertically integrated Ethan Allen (NYSE: ETH) reported lower sales and earnings in its fiscal fourth quarter and fiscal year ending June 30 as the company incurred higher costs from product launches and several other initiatives.

WithIt Awards $30K in Scholarships to 17 Students

WithIt, the women’s leadership development network for the home and furnishings industries, has awarded 17 scholarships worth $30,000 – a record number of scholarships that were handed out in honor of the organization’s 20th anniversary.

HFB Designer Weekly
HFB Designer Weekly
HFB Pinterest