July 28,
2017 by Larry Thomas in Acquisition, Economic News, Industry 
Rent-to-own major Aaron’s Inc. (NYSE: AAN) said second-quarter revenues rose 3.3% to $815.6 million as the company’s Progressive Leasing business continue to pace top-line growth.
July 28,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Mattress producer Purple, one of several fast-growing companies in the bed-in-a-box segment, may soon become a public company.
July 28,
2017 by Larry Thomas in Economic News, Industry
Leggett & Platt (NYSE: LEG), a major supplier of furniture and bedding components and finished furniture, said second-quarter sales rose 3.2% to $989.3 million, but profits tumbled nearly 28% due to higher raw materials costs.
July 27,
2017 by Larry Thomas in Economic News, Industry
The loss of Mattress Firm left a gaping hole in the top line at Tempur Sealy International (NYSE: TPX) as second-quarter sales tumbled 18% to $659.3 million.
July 27,
2017 by Larry Thomas in Economic News, Industry
Rent-A-Center (NASDAQ: RCII) said revenues fell nearly 10% to $677.6 million in the quarter ended June 30, and the struggling rent-to-own major recorded a net loss of $8.89 million or 17 cents per share.
July 27,
2017 by Larry Thomas in Economic News, Industry
Vertically integrated Ethan Allen (NYSE: ETH) reported lower sales and earnings in its fiscal fourth quarter and fiscal year ending June 30 as the company incurred higher costs from product launches and several other initiatives.
July 26,
2017 by Larry Thomas in Economic News, Industry
Stanley Furniture (NASDAQ: STLY) said second-quarter sales fell 3.6%, but higher gross margins enabled the company to record a profit of $14,000, reversing a net loss from last year’s second quarter.