May 19,
2017 by Larry Thomas in Economic News, Industry
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.
May 15,
2017 by Larry Thomas in Economic News, Industry
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.
May 15,
2017 by Larry Thomas in Economic News, Industry
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.
May 12,
2017 by Larry Thomas in Economic News, Industry
RH, the retailer formerly known as Restoration Hardware (NYSE: RH), has boosted its sales projections for its just-concluded first fiscal quarter.
May 10,
2017 by Larry Thomas in Economic News, Industry
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.
May 9,
2017 by Larry Thomas in Economic News, Industry
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.
May 8,
2017 by Larry Thomas in Economic News, Furniture, Industry
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.