December 1,
2017 by Larry Thomas in Economic News, Financial Reports, Industry 
Furniture factory orders tumbled 10% in September, the first monthly decline in more than a year, according to the latest monthly survey from the Smith Leonard accounting and consulting firm.
December 1,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Discount retailer Big Lots (NYSE: BIG) said sales edged up 0.5% to $1.11 billion in the quarter ended Oct. 28, and its net income more than tripled due to an insurance settlement.
November 30,
2017 by Jane Chero in Economic News, Financial Reports, Industry
La-Z-Boy (NYSE: LZB) said profits rose 10% to $22.9 million or 47 cents per share in the quarter ended Oct. 28 on a 4.4% jump in sales.
November 27,
2017 by Larry Thomas in Financial Reports, Industry
Leather upholstery producer Natuzzi (NYSE: NTZ) said third-quarter sales fell 6.1% and its net loss nearly doubled to 10.9 million euros, or about $13 million, due to delivery delays and weakness in its Softaly private label division.
November 17,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Retailer Williams-Sonoma (NYSE: WSM), parent company of Pottery Barn, West Elm and several other retail formats, said third-quarter earnings edged up 2.8% to $71.3 million or 84 cents per share as its e-commerce and brick-and-mortar businesses continued to grow.
November 14,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) cut its third-quarter net loss to $305,000 or 2 cents per share as sales fell 5.5% to $10.4 million.
November 14,
2017 by Larry Thomas in Business Strategy, Economic News, Financial Reports, Industry
Nova Lifestyle (NASDAQ: NVFY), parent company of Diamond Sofa and several other brands, said third-quarter net income soared to $2.96 million of 11 cents per share as the company began implementing its “asset light” business model following the sale of its manufacturing operations earlier this year.