Mattress industry sales totaled $3.81 billion in the second quarter, a 3.5 percent increase over the same quarter in 2017, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.
E-commerce powerhouse Wayfair (NYSE: W) said second-quarter revenues shot up 48.8% to $1.6 billion, while gross profit was $385 million or 23.3% of total net revenue.
Logistics provider XPO Logistics (NYSE:XPO) said second-quarter revenue rose 16 percent year-over-year to $4.36 billion, while net income increased 178 percent – jumping from $47.6 million to $137.5 million.
After a steady first quarter, furniture and bedding sales continued to climb in the second quarter, according to the proprietary market model from Impact Consulting, parent company of Home Furnishings Business.
Furniture manufacturer and retailer Ethan Allen (NYSE: ETH) has reported operating results for the fiscal 2018 fourth quarter and full fiscal year ended June 30, 2018.
Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported financial results for the first quarter of fiscal 2018 ended June 2, 2018.
Culp, Inc. (NYSE: CULP) reported financial and operating results for the fourth quarter and fiscal year ended April 29, 2018.