October 3,
2013 by in Financial Reports, Industry
Bassett Furniture Inds. reported fiscal third-quarter 2013 sales of $77.2 million, a 20 percent increase over the prior-year period.
September 30,
2013 by in Financial Reports, Industry, Leather Upholstery, Product
Leather furniture supplier Natuzzi (NYSE: NTZ ) reported a net loss of 20.2 million Euro for the first half ended June 30, compared to a net loss of 8.8 million Euro for the first half of last year.
September 19,
2013 by in Acquisition, Financial Reports, Industry
Herman Miller's first quarter profits rose more than 12 percent in the first quarter, helped by a recent acquisition.
September 11,
2013 by in Financial Reports, Industry
Restoration Hardware's second-quarter guidance beat expectations, but the retailer's shares still retreated.
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Source: Yahoo! Finance
September 5,
2013 by in Financial Reports, Industry
Conn's Inc.'s (CONN) fiscal second-quarter profit rose 65% as furniture and mattress sales led strong revenue growth, helping to mask weakness in the credit segment.
The Texas-focused seller of consumer electronics, home appliances, and other products has been focusing on higher-margin items such as furniture and mattresses to improve its performance in recent quarters. In the latest period, furniture and mattress sales were up 59% amid stronger volume and improved average selling prices.
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Source: The Wall Street Journal
September 4,
2013 by in Financial Reports, Industry
Hooker Furniture has reported net income of $1.7 million for the second quarter ended Aug. 4, a 14.4 percent increase from the $1.5 million reported in the same quarter last year.
August 29,
2013 by in Financial Reports, Industry
Shares of Williams-Sonoma Inc., the owner of its namesake, Pottery Barn and West Elm home-goods chains, fell the most in seven months after the company forecast annual profit that trailed analysts' estimates.
The shares slid 4.2 percent to $56.97 at Wednesday's close in New York, for the biggest decline since Jan. 17. Williams-Sonoma, based in San Francisco, has gained 30 percent this year, compared with a 15 percent increase for the Standard & Poor's 500 Index.
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Source: Moneynews