Daily News
From Home Furnishing Business
February 18,
2026 by Karen Parrish in Business Strategy, Industry 
La-Z-Boy Incorporated, a global leader in the retail and manufacture of residential furniture, today reported third quarter results for the period ended January 24, 2026. For the quarter, sales totaled $542 million, up 4% against the prior year comparable period, reflecting growth in Retail and Wholesale segments, partially offset by a decline in Joybird sales. Operating margin was 5.5% for the quarter on a GAAP basis and 6.1% on an adjusted basis. Diluted earnings per share totaled $0.52 on a GAAP basis and $0.61 on an adjusted basis.
February 18,
2026 by Karen Parrish in Business Strategy, Industry
Lane Venture, the outdoor furniture division of Bassett Furniture Industries, is pleased to announce the unveiling of its 4,750-square-foot flagship gallery at Furnitureland South. The event begins with a ribbon-cutting at 10:30 a.m.
February 18,
2026 by Karen Parrish in Business Strategy, Industry
Applications will be accepted between March 1 - 31, 2026 for not nine, but now 10 student scholarships from the Educational Foundation (EF) of IFDA, the International Furnishings and Design Association. The new scholarship is funded by Avalon Flooring. This year that brings the total of scholarships to 10, available for a total of $27,500.
February 18,
2026 by Karen Parrish in Business Strategy, Industry
North American leader in home living and furniture solutions, Cozey, announces the launch of its newest retail location in downtown Calgary. This is Cozey's third permanent location in Canada, outside of Toronto and Vancouver, and a significant milestone for the brand as it continues to expand its physical footprint across North America.
February 17,
2026 by Karen Parrish in Business Strategy, Industry
Sleep Number Corporation debuted a campaign to highlight its newest product, marking a major shift in how the brand connects with consumers by moving beyond traditional mattress specs to focus on real-life moments. The ad is inspired by the insight that what you do today changes what you need tonight, and every moment deserves a great night’s sleep. Created in partnership with Fallon, the spot showcases ComfortMode, the company’s most comfortable mattress at a sub-$1,600 price point, creatively highlighting the ways the bed adapts to people’s changing lives to bring comfort.
February 17,
2026 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc. announced financial results for the fourth quarter and year ended December 31, 2025, and issued financial guidance for the full year 2026.
February 17,
2026 by Karen Parrish in Business Strategy, Industry
IKEA U.S. released its 2025 Annual Summary, highlighting key milestones in customer engagement, sustainable growth and purposeful community impact achieved between September 1, 2024, and August 31, 2025. Alongside the summary, IKEA also announced plans to open four additional U.S. stores in 2026—in Chicago, Tulsa, Fort Collins and Los Angeles—further building on the six locations previously announced and bringing the current total number to 10 new stores slated to open in 2026.