August 1,
2024 by Karen Parrish in Business Strategy, Industry 
President and CEO Karl Glassman commented, "While our second quarter results reflect the ongoing challenging macro environment, I am immensely proud of our team's execution. The restructuring plan is on track, with some elements of the plan progressing ahead of schedule and exceeding expectations. We paid down $73 million of debt and adjusted EBIT margin improved by 50 basis points sequentially this quarter. We remain committed to investing in our key businesses to drive profitable growth when market conditions improve.
August 1,
2024 by Karen Parrish in Business Strategy, Industry
Pottery Barn announced the launch of an accessible home furnishings collection developed in collaboration with Michael Graves Design. Renowned as industry leading experts in accessible design, Michael Graves Design collaborated with Pottery Barn to research, test, design and develop a collection of bedroom furnishings and upholstery designs intended to make life at home safer and more accessible.
August 1,
2024 by Karen Parrish in Business Strategy, Industry
HAVERTYS reported operating results for the second quarter ended June 30, 2024.
August 1,
2024 by Karen Parrish in Business Strategy, Industry
XPO announced its financial results for the second quarter 2024. The company reported diluted earnings from continuing operations per share of $1.25, compared with $0.27 for the same period in 2023, and adjusted diluted earnings from continuing operations per share of $1.12, compared with $0.71 for the same period in 2023.
July 31,
2024 by Karen Parrish in Business Strategy, Industry
Ethan Allen Interiors Inc. reported its results for the fiscal 2024 full year and fourth quarter ended June 30, 2024, and announced a special cash dividend.
July 31,
2024 by Karen Parrish in Business Strategy, Industry
Sleep Number Corporation reported results for the quarter ended June 29, 2024.
July 31,
2024 by Karen Parrish in Business Strategy, Industry
The International Casual Furnishings Association (ICFA) has named Terry DeMeuse of Lloyd Flanders as the 2024 recipient of the Mia Nault Unsung Hero Award.