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From Home Furnishing Business

Hooker Boosts 1Q Profit by 23.8%

Hooker Furniture (NASDAQ: HOFT) reported net income of $3.5 million for the first quarter ended May 3, a 23.8 percent increase compared to net income of $2.8 million for the same quarter last year.


Williams-Sonoma 1Q Earnings Drop 3%

Lifestyle home furnishings retailer Williams-Sonoma  (NYSE: WSM) reported net income of $44.8 million for the first quarter ended May 3, a 3 percent decline compared to $46.2 million in the same quarter last year.

Blue Clay Withdraws Director Nominees in Select Comfort Proxy Fight

Blue Clay Capital Management, the Select Comfort  (NASDAQ: SCSS)  that had encouraged the election of two new board members, has changed its mind ending the ongoing five-month proxy fight.

Wayfair 1Q Loss Narrows

Wayfair (NYSE: W) reported net revenue of$424.4 million for the first quarter ended March 31 compared to net revenue of $278.7 million for the first quarter last year.


Select Comfort Board Gets Nod from Proxy Advisors

Two independent proxy advisors have recommended shareholders vote for all of Select Comfort’s (NASDAQ: SCSS) director nominees at the company’s upcoming annual meeting.

Havertys 1Q Net Sales Climb 5.3%

Home furnishings retailer Havertys (NYSE: HVT) reported net income of $6.12 million for the first quarter ended March 31 compared to net income of $6.13 million in the first quarter of last year.

Stanley 1Q Sales Remain Flat

Stanley Furniture Co. (NASDAQ: STLY) reported an operating loss of $663,000 for the first quarter ended March 31 compared to an operating loss of $1.3 million in the same quarter last year.

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