Furniture

RH's (NYSE:RH) sales are gaining momentum and margins have inflected positive, with easy comps suggesting expansion through the first half of 2025, according to JPMorgan.   The RH Analyst: Analyst Christopher Horvers reiterated an Overweight rating, while slashing the price target from $510 to $250...

Shares of specialty retailers in the furniture and home goods space are facing selling pressure in Wednesday’s after-hours session following disappointing earnings from RH (NYSE:RH). What To Know: RH missed analyst estimates on the top and bottom lines in the fourth quarter, reporting revenue...

MillerKnoll, Inc. (NASDAQ:MLKN) shares are trading lower after the company reported its first-quarter financial results after Thursday's closing bell. Here's a look at the details from the report.  The Details: MillerKnoll reported quarterly earnings of 36 cents per share, which missed the analyst...

Steelcase Inc. (NYSE:SCS) shares are falling after the company reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.  The Details: Steelcase reported quarterly earnings of 39 cents per share, which beat the analyst consensus...

La-Z-Boy Inc (NYSE:LZB) reported financial results for the first quarter of fiscal 2025 Tuesday after the bell. Here’s a rundown of the report. Q1 Earnings: La-Z-Boy reported first-quarter revenue of $496 million, beating the consensus estimate of $479.77 million, according to...

In an effort to marry its legacy of comfortable recliners with the artificial intelligence (AI) buzz of 2023, La-Z-Boy Incorporated (NYSE:LZB) launched on Thursday a marketing campaign featuring a product called "The Decliner." What Happened: The Monroe, Michigan-based company's national ad...

Use cases for artificial intelligence have risen in 2023 and the potential monetization efforts have led to rising valuation for stocks that could be seen as beneficiaries from the rise of the technology. Here’s a look at how one leading e-commerce company is using artificial intelligence....

A video of a CEO criticizing employees for worrying about their bonuses quickly went viral. Here’s an update on the story including comments from employees to local media. What Happened: An office furniture company could be playing defense as its faces backlash for comments made by its CEO...

A Mississippi-based furniture company, United Furniture Industries, has become a bad Samaritan for its employees just before Thanksgiving. The company fired almost 2,700 employees in text messages and emails.   The company’s employees, spread across North Carolina, Mississippi, and...

The B-52's playing at the Love Shack in the video for their eponymous 1989 hit.  Lovesac Versus Love Shack In their 1989 hit "Love Shack", the B-52's sang, The love shack is a little old place where we can get together  The Love Shack was probably closed during the...

Overstock.com Inc (NASDAQ: OSTK) said its retail sales in April and May were up 120% year-over-year as the company is a beneficiary from the stay-at-home environment and the company expects to see continued momentum in the near-term, Overstock CEO Jonathan Johnson said during a Fox Business...

Online furniture company Wayfair Inc (NYSE: W) disclosed 90% revenue in the second quarter, but investors shouldn't expect this "unprecedented" surge in sales to last forever, according to Stifel. The Wayfair Analyst Scott Devitt downgraded Wayfair from Hold to Sell with a...

Grocery chain Kroger Co (NYSE: KR) is teaming up with on-demand shipping company Frayt to experiment with same-day delivery of outdoor furnishing products to consumers, Grocery Dive reported. What Happened Several Kroger Marketplaces stores in Cincinnati and Dayton, Ohio and Northern Kentucky...

Warren, Michigan-based Art Van Furniture said Thursday it is going out of business and beginning liquidation sales at all company-owned stores in the Upper Midwest. AVF Holdings, Inc., said in a press release that it will liquidate the merchandise at Art Van stores in Michigan Illinois, Indiana,...

Morgan Stanley turned bearish on online furniture retailer Wayfair Inc (NYSE: W) as any signs of a turnaround are "not in sight." The Wayfair Analyst Simeon Gutman downgraded Wayfair from Equal-Weight to Underweight with a price target lowered from $75 to $65. The Wayfair Thesis Investor...