November 6,
2017 by Jane Chero in Economic News, Industry 
Furniture and bedding sales were up 4.11 percent in the third quarter to $25.42 billion, according to the proprietary industry sales model developed by Impact Consulting, parent company of Home Furnishings Business.
November 1,
2017 by Larry Thomas in Economic News, Industry
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.
October 30,
2017 by Larry Thomas in Economic News, Industry
Consumer spending on furniture totaled $109.7 billion in the first quarter of 2017, according to data from the Bureau of Labor Statistics.
October 27,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Rent-to-own major Aaron’s Inc. (NYSE: AAN) said third-quarter revenues rose 9% to $838.9 million, but earnings fell 14% due to store closings and other disruptions in states hit by Hurricanes Harvey and Irma.
October 27,
2017 by Larry Thomas in Economic News, Industry
Leggett & Platt (NYSE: LEG) said third-quarter sales rose 6.4%, but the increase was more than offset by rising steel costs, which sent profits down 11.7% to $82.6 million or 60 cents per share.
October 27,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Furniture retailers are a fairly optimistic group, with 58% of them expecting an increase in furniture sales in 2018, according to a recent poll taken by financial services firm TD Bank.
October 26,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Store closings and production disruptions due to Hurricanes Harvey and Irma hurt the top and bottom lines at Ethan Allen (NYSE: ETH) in the quarter ended Sept. 30, as the vertically integrated company’s profits tumbled more than 35% to $7.42 million or 27 cents per share.