Daily News
From Home Furnishing Business
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry 
Third Quarter Results:
Consolidated delivered sales of $500 million
Up 5% versus our most recent pre-pandemic third quarter
Down 13% versus year ago period
Results impacted by winter weather events in January
Gross margin expansion on GAAP and Non-GAAP basis, across all segments
GAAP diluted EPS of $0.66
Non-GAAP diluted EPS of $0.67
Generated $48 million in operating cash flow for the quarter; $105 million year to date
Acquired six independent La-Z-Boy Furniture Galleries® stores
Additional two-store acquisition planned for fourth quarter.
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Bellini Modern Living continues to meet the needs of today’s on-trend consumers with the anticipated launch of a 16-piece, Made-in-Italy outdoor furniture collection that is durable enough for outdoor living, but has the style and comfort of indoor products. The new collection will be unveiled in the Bellini showroom IHFC H520 at the Spring High Point Market, April 13 to 17, 2024.
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Beyond, Inc. (NYSE:BYON), owner of Overstock, Bed Bath & Beyond, and other online retail brands designed to unlock your home’s potential, today reported financial results for the quarter and full year ended December 31, 2023.
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Diversified manufacturer Leggett & Platt announced its participation in the Raymond James 45th Annual Institutional Investors Conference on March 5, in Orlando, Florida. Mitch Dolloff, Chief Executive Officer, and Ben Burns, Chief Financial Officer, will meet with investors and Mitch will present at 1:40 p.m. Eastern (12:40 p.m. Central).
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Katy Skelton introduces the Sawhorse Collection, Inspired by the classic form traditionally used in woodworking trades for centuries because of its durability, versatility, and aesthetic appeal, our Sawhorse Collection elevates a timeless design for modern living.
February 20,
2024 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
Precision Textiles, a trailblazer in textile innovation and a leading supplier for the bedding, home furnishings, automotive and healthcare industries, is charting a groundbreaking course toward environmental sustainability with its ‘PRESERVING the PLANET’ initiative.
February 20,
2024 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
This winter, Maharam introduces Beyond and Midair by Jacob Hashimoto, the first woven textiles designed with the New York-based multimedia artist and longtime Maharam Digital Projects collaborator. Sharing Hashimoto’s inclination toward interdisciplinary exploration, the design studio was intrigued by the challenge of translating the materiality of the artist’s expansive three-dimensional sculptures into woven textiles.