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From Home Furnishing Business

La-Z-Boy Reports Fourth Quarter and Full Year Results

La-Z-Boy Incorporated, a global leader in the manufacture and retail of residential furniture, reported fourth quarter and full year results for the period ended April 27, 2024. For the quarter, sales totaled $554 million, a decrease of 1% against a year ago period that benefited from pandemic backlog deliveries and 22% above the pre-pandemic fourth quarter of Fiscal 2019. Operating margin was 9.1% in the quarter on a GAAP basis and 9.4% on a Non-GAAP(1) basis. Diluted earnings per share totaled $0.91 on a GAAP basis and $0.95 on a Non-GAAP(1) basis.

Beyond, Inc. Announces Structural Changes to Leadership

Beyond, Inc., owner of Overstock, Bed Bath & Beyond, Zulily, and other online retail brands designed to unlock your home’s potential, announced structural changes to its leadership team and broader organization. The following changes have been approved by the Company’s board of directors and are effective immediately:

BIA Expands Presence in Middle East and North Africa

Bedding Industries of America (BIA) is significantly expanding its presence in the Middle East and North Africa with the signing of a new license with leading Saudi Arabia-based Bed Quarter Company, a division of MAZ Holding Group.

Precision Textiles Presents Product Showcase at Foam Expo

Precision Textiles, a go-to provider for innovative nonwovens and laminate solutions for the bedding, home furnishings, healthcare and automotive industries will exhibit at the Foam Expo taking place this month to leverage its strengths and expertise in materials innovation for both the bedding and automotive sectors.

Armen Living Adds to Team with Director of Product Development

Contemporary lifestyle brand Armen Living is sharing exciting news regarding the recent growth of their team and adding Shauna Snyder, as their new director of product development.

14th Annual Golf Outing Proves to Be Record Breaking

The 14th annual “Tee It Up Fore Autism” charity golf outing, hosted by Coconis Furniture, proved to be a record-breaking year, with over $90,000 raised. Over 160 golfers came to play, including local businesses and many manufacturers and representatives came together to make this event so successful, with Serta/Simmons Bedding the Ultra Diamond Sponsor for the fourteenth year.

Natuzzi Italia Furnishes G7 Summit Meeting Rooms

The Group of Seven (G7), comprising presidents and political leaders of Italy, Canada, France, Germany, Japan, the United Kingdom, and the United States, along with the European Union leaders, will convene for the 50th G7 Summit from June 13 to 15, 2024, in Apulia.

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