November 13,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Bedding sales totaled $4.04 billion in the third quarter, an increase of 4.8% from last year’s third quarter, according to Impact Consulting Services’ proprietary industry model.
November 9,
2017 by Larry Thomas in Financial Reports, Industry
E-commerce player Overstock.com (NASDAQ: OSTK) said third-quarter revenues slipped 4% to $424 million, but the company slashed its net loss to $786,000 or 3 cents per share.
November 2,
2017 by Larry Thomas in Financial Reports, Industry
Hampered by hurricanes in two of its largest markets and the loss of business to Mattress Firm, mattress producer Tempur Sealy International (NYSE: TPX) reported double-digit declines in sales and profits for the third quarter.
November 2,
2017 by Larry Thomas in Financial Reports, Industry
Online powerhouse Wayfair (NYSE: W) said third-quarter revenue jumped more than 39% to $1.2 billion, but its net loss widened to $76.4 million or 88 cents per share.
November 2,
2017 by Larry Thomas in Financial Reports, Industry
Logistics provider XPO Logistics (NYSE: XPO) said third-quarter revenue rose 4.7% to $3.89 billion, while net income quadrupled to $62.5 million.
October 31,
2017 by Larry Thomas in Executive Changes, Financial Reports, Industry
Struggling rent-to-own operator Rent-A-Center (NASDAQ: RCII) said Chairman Steven Pepper resigned after the board of directors voted to “explore strategic and financial alternatives” that could include the sale of the company.
October 27,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Rent-to-own major Aaron’s Inc. (NYSE: AAN) said third-quarter revenues rose 9% to $838.9 million, but earnings fell 14% due to store closings and other disruptions in states hit by Hurricanes Harvey and Irma.