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From Home Furnishing Business

FastFact: Q3 Bedding Sales Jump 4.8%, Top $4 Billion

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.

Overstock Cuts Q3 Loss as Revenues Fall 4%

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.

Tempur Sealy Registers Double-Digit Sales, Profit Declines in Q3

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.

Wayfair Q3 Revenue Jumps 39%, but Loss Widens

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.

XPO Q3 Profits Soar on 4.7% Revenue Increase

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.

Rent-A-Center Chairman Quits After Dispute with Board, Q3 Loss

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.

Hurricanes Send Aaron’s Q3 Profits Down 14%

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.

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