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Stanley Furniture 2Q Sales Drop

Stanley Furniture (NASDAQ: STLY) posted its quarterly earnings results on Monday. The company reported ($0.23) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.12) by $0.11, Stock Ratings Network reports.

Hooker Donates $50,000 to New College Building Fund

Hooker Furniture Corp. will give $50,000 toward the $2 million Building on Baldwin capital campaign to expand the New College Institute in Virginia.

Furniture Buying Index Holds Steady in June

America's Research Group's Furniture Buying Index held steady in June at a reading of 76.

DOC: Reztec Innersprings Are Evading Duties

The U.S. Department of Commerce has ruled preliminarily that innersprings from Malaysian manufacturer Reztec are evading duties imposed on Chinese producers.

Reverie Signs Lease for 120K-SF New York Plant

Adjustable bed vendor Reverie has signed a lease for a 120,000-square-foot manufacturing facility in Eden, N.Y.

Becker Names Simply Amish Vendor of the Year

Minnesota retailer Becker Furniture World has named wood furniture manufacturer Simply Amish its Vendor of the Year.

ART Founders Receive ARTS Academy of Achievement Award

The original founders of Accessories Resource Team (ART) will receive the Academy of Achievement award at the 25th annual International ARTS Awards.

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