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From Home Furnishing Business

Tempur Sealy Registers Double-Digit Sales, Profit Declines in Q3

Hampered by hurricanes in two of its largest markets and the loss of business to Mattress Firm, mattress producer Tempur Sealy International (NYSE: TPX) reported double-digit declines in sales and profits for the third quarter.

Rothman Owner to Become Largest Art Van Franchisee

Rothman Furniture & Mattress, the St. Louis-based retailer that unexpectedly announced it was closing in September, said five of its locations will be converted to Art Van Furniture stores as part of a franchise agreement that will bring seven Art Van locations to the St. Louis market.

XPO Q3 Profits Soar on 4.7% Revenue Increase

Logistics provider XPO Logistics (NYSE: XPO) said third-quarter revenue rose 4.7% to $3.89 billion, while net income quadrupled to $62.5 million.

Havertys Q3 Profits Tumble Due to Hurricane Disruptions

Havertys (NYSE: HVT) said third-quarter profits tumbled more than 23% to $5.98 million or 28 cents per share due largely to disruptions from Hurricane Irma.

Universal Promotes De Lisa to West Coast Sales VP

Universal Furniture has promoted Chris De Lisa, the company’s sales representative in the New York/New Jersey/Connecticut area since 2011, to vice president of sales for the West Coast region.

Mattress Firm Honored for Support of Foster Children

The Texas-based Children At Risk Foundation has honored Mattress Firm President and CEO Ken Murphy with its Accolades Award to recognize the work the retailer has done with foster children.

Malouf Art Auction Raises $41K for Non-Profit Group

An art auction organized by bedding accessories producer Malouf raised $41,314 for the Citizens Against Physical and Sexual Abuse.

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