~ La-Z-Boy Furniture Galleries® network written same-store sales increased 1%
~ GAAP diluted EPS of $0.63; Non-GAAP diluted EPS of $0.74
~ Year to date operating cash flow of $57 million, 84% above year ago period
~ Dividend increased 10% over the prior dividend to $0.20 per share
In recognition of Tom Conley’s dedication to the home furnishings industry the International Society of Furniture Designers® (ISFD) renamed their student scholarship in his honor. The first recipient of the ISFD Tom Conley Student Scholarship is Penina Bernstein of Rhode Island School of Design’s 2-yr MFA furniture design program, class of 2025.
Sleep Number Corporation, a wellness technology leader, announced it earned a spot in the 2024 Forbes Best Customer Service List. Sleep Number was selected following a year-long survey of 201,000 people in the U.S. who provided 4.2 million ratings on more than 3,000 brands.
Shares of Sleep Number were trading below prior 52-week lows in the after-hours market following news the company would be replaced on the S&P SmallCap 600 by Worthington Steel.
The inaugural High Point Market Community Impact Award sculpture will make its debut on Dec 8 at 12 pm at 98 Asian Bistro, 1800 N. Main Street in High Point. The High Point Market Authority team and local sculpture artist, Justin Stabb, as well as the staff from 98 Asian Bistro will be on hand for the special event.
In addition to the third quarter financial results that were reported yesterday, Natuzzi S.p.A also reported their plans to sell their iconic High Point Showroom.
Williams-Sonoma, Inc., the world’s largest digital-first, design-led and sustainable home retailer, announced today, the company’s annual participation in the St. Jude Thanks and Giving® campaign benefiting St. Jude Children’s Research Hospital®.