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From Home Furnishing Business

Flexsteel 1Q Income Climbs 29%

Home furnishings supplier Flexsteel Inds. (NASDAQ: FLXS) first quarter sales climbed 4 percent to $109 million over sales of $104.3 million for the first quarter of last year.

Stanley Loses $2.3 Million in Q3

Stanley Furniture Co. (NASDAQ-NGS: STLY) reported third-quarter 2014 net sales of $13.9 million, down 5 percent from the same period a year ago.

Bassett Furniture Sets 8-Cent Dividend

Bassett Furniture Inds. has set a dividend of $.08 per share of outstanding common stock.

Wayfair Closes IPO

Online home furnishings retailer Wayfair (NYSE: W) has closed its initial public offering of 12,650,000 shares of its Class A common stock.

Havertys 3Q Earnings Climb 3%

Home furnishings retailer Havertys  (NYSE: HVT) reported sales of $198.5 million for the third quarter ended Sept. 30, a 3 percent increase from sales of $192.7 million from the same quarter last year.

Wayfair Has Strong 1st Day Trading

Online home furnishings retailer Wayfair (NYSE: W) enjoyed a strong first day of trading on the New York Stock Exchange, selling for as high as $39 per share.

Sears to Sell Big Stake in Sears Canada

The board of directors of Sears Holdings Corp. (NASDAQ: SHLD) announced plans to sell up to 40 million common shares of Sears Canada Inc. (TSX: SCC).

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