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From Home Furnishing Business

Ethan Allen Responds to Sandell Requests

Ethan Allen (NYSE: ETH) has issued a response to letters from investor Sandell Asset Management.

Sandell Threatens Ethan Allen with Proxy Fight

Sandell Asset Management Corp., a shareholder of Ethan Allen (NYSE: ETH), has sent a letter to the company’s board of directors indicating a proxy fight could be avoided with an open discussion. 

La-Z-Boy Sets 8-Cent Dividend

La-Z-Boy Inc. (NYSE: LZB) has set a quarterly cash dividend on its common stock of $0.08 per share.

Bon-Ton Stores Reports 2Q Store Sales Decrease

The Bon-Ton Stores, Inc. (NASDAQ: BONT), has reported comparable store sales decreased 1.3 percent in the second quarter as compared to the prior year period.

La-Z-Boy 1Q Sales Climb 4.4%

La-Z-Boy Inc. (NYSE: LZB) reported a net sales increase of 4.4 percent in its first quarter ended July 25.

Flexsteel Posts 6.5% Year-End Sales Jump

Total home supplier Flexsteel Inds. (NASDAQ: FLXS) reported a 6.5 percent increase in net sales to $467 million for the year ended June 30 compared with net sales of $439 million last year.


Investor Urges Ethan Allen Sale

An activist investor in home furnishings retailer Ethan Allen Interiors (NYSE: ETH) is encouraging the company to sell to a private equity firm or monetize its real estate holdings.

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