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From Home Furnishing Business

Stanley Stock Back in Compliance with NASDAQ Rules

The NASDAQ stock market has notified Stanley Furniture (NASDAQ: STLY) that its stock is now in compliance with NASDAQ rules and won’t be subject to de-listing.

FastFact: Furniture, Bedding Sales Climb 3% in First Quarter

Furniture and bedding sales reached $24.16 billion in the first quarter, a 3% increase over the same quarter in 2016, according to new research from Impact Consulting Services, parent company of Home Furnishings Business.

Survey Said: Majority of Furniture Retailers See Q2 Increases

More than half the retailers surveyed at last month’s High Point Market believe furniture purchases will increase in the current quarter, while nearly two-thirds believe recent interest rate hikes won’t have any impact on furniture sales in the coming months.

RH Boost Q1 Sales Projection, Tweaks Earnings Forecast

RH, the retailer formerly known as Restoration Hardware (NYSE: RH), has boosted its sales projections for its just-concluded first fiscal quarter.

Leggett & Platt Directors Approve Dividend Increase

Directors of Leggett & Platt (NYSE: LEG) have approved a dividend increase of 2 cents per share, boosting the quarterly payout to 36 cents per share.

Wayfair Q1 Loss Grows as Revenues Jump 28.6%

E-commerce powerhouse Wayfair (NYSE: W) said revenues shot up 28.6% to $960.8 million in the first quarter, but the retailer’s net loss widened to $56.5 million.

FastFact: Bedding Sales Rise 2.4% in Fourth Quarter

The mattress industry continued its slow growth pattern in the first quarter, as sales were 2.4% ahead of the first quarter of last year, according to data compiled by Impact Consulting Services, parent company of Home Furnishings Business

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