November 3,
2016 by Larry Thomas in Business Strategy, Financial Reports, Industry 
Directors of rent-to-own major Aaron’s Inc. (AAN) have increased the quarterly cash dividend by 10% to 2.75 cents per share.
November 1,
2016 by Larry Thomas in Financial Reports, Industry
Havertys (HVT) said third-quarter sales and profits were essentially even with last year’s third quarter as improved gross margins were offset by higher operating costs.
October 31,
2016 by Larry Thomas in Economic News, Financial Reports, Industry
While e-commerce shipments have grown at a rapid pace since the mid-2000s, furniture and related products are still slightly behind all manufacturing in the percentage of e-commerce shipments to total shipments, according to a study by the U.S. Census Bureau.
October 28,
2016 by Larry Thomas in Financial Reports, Industry
Furniture and bedding components supplier Leggett & Platt (LEG) said third-quarter profits were essentially even with last year’s third quarter, as sales declined 6% to $948.9 million.
October 28,
2016 by Larry Thomas in Financial Reports, Industry
Rent-to-own major Aaron’s Inc. (AAN) said third-quarter revenue rose less than 1%, but net income jumped more than 21% as its Progressive Finance subsidiary continued to perform well.
October 27,
2016 by Larry Thomas in Financial Reports, Industry
Hampered by repeated outages of its new point-of-sale system, Rent-A-Center (RCII) said third-quarter revenues fell 12.3% to $693.9 million, including a 12% decline in same-store sales in its U.S. rent-to-own stores.
October 27,
2016 by Larry Thomas in Bedding, Financial Reports, Industry, Mattresses, Product
Bedding major Tempur Sealy International (TPX) said third-quarter sales fell 5.4% to $832.4 million, but net income nearly doubled as gross margin improved and other costs were reduced.