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From Home Furnishing Business

Weather Impacts First Quarter for Leon's Furniture

Toronto-based Leon's Furniture attributes some of its drop in first quarter profits to harsh weather this winter.

Culp Lowers 4Q Expectations

Upholstery fabric and mattress ticking supplier Culp, Inc.  (NYSE: CFI)  has lowered its fourth quarter pre-tax income estimates by $1 million to $1.6 million.

Dorel 1Q Income Jumps 11.1%

Dorel Inds. (TSX: DII-B)  (TSX: DII-A) reported first quarter net income of $24.8 million, up 11.1 percent compared to net income of $22.3 million reported in the first quarter of last year.

Hooker Furniture Execs Get Raises

Hooker Furniture Corp. gave its key management salary increases, according to a regulatory filing.

Berkshire Annual Meeting Filled with Information, Fun

The Berkshire Hathaway annual meeting wrapped up this weekend in Omaha, Neb., where shareholders spend the weekend shopping, dining and peppering Chairman and CEO Warren Buffett with questions during a lengthy session.

Havertys 1Q Income Slips

Home furnishings retailer Havertys (NYSE: HVT)  (NYSE: HVT-A) posted net income of $6.1 million for the first quarter ended March 31 compared to net income of $8.3 million reported in the same quarter last year.

Tempur Sealy Q1 Sales up Almost 80 Percent

Bedding major Tempur Sealy International (NYSE: TPX) more than doubled earnings per share in 2014's first quarter compared with the same period last year.

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