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Havertys Q2 Profits Jump 15.1% on Lower Costs, Higher Margins

Havertys Logo Havertys (NYSE: HVT) said second-quarter profits jumped 15.1% as net sales edged up 1.1% to $198.6 million.

Survey Says: Furniture Factory Orders Rise 8% in May

Smith Leonard LogoFactory orders for residential furniture in May were 8% above May 2016 – the fourth straight monthly increase reported by the Smith Leonard accounting and consulting firm.

FastFact: Vacancy Rates Shrink as Housing Market Strengthens

Fast FactAs the housing industry continues its post-Recession rebound, vacancy rates among rental units and homeowner units keep declining, according to data from the U.S. Census Bureau.

XPO Sets Pricing for $665.5 Million Stock Offering

XPO Logistics LogoXPO Logistics (NYSE: XPO), a provider of last-mile delivery, freight forwarding and other logistics services, has priced its recently-announced secondary stock offering at $60.50 per share

Select Comfort Swings to Q2 Loss Following Inventory Hiccup

Select ComfortSelect Comfort (NASDAQ: SCSS), maker of the Sleep Number airbed, swung to a net loss in the second quarter after an inventory shortage forced the company to delay some deliveries until after the quarter ended.

Ethan Allen Projects Lower Sales, Earnings for Fiscal Year

Ethan Allen LogoEthan Allen (NYSE: ETH) said it expects to report lower sales and earnings per share for the fiscal year that ended June 30, as operating costs rose due to heavy advertising spending and other initiatives.

XPO Logistics Sets Secondary Stock Offering

XPO Logistics LogoXPO Logistics (NYSE: XPO), a major provider of freight forwarding, last-mile delivery services, trucking, and related logistics services, said it will issue more than 11 million new shares of common stock in a secondary public offering.

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