Home Furnishings

Haverty Furniture CEO: Balance sheet, budget goals top 2008 priorities

Haverty Furniture Companies, Inc. (NYSE: HVT) CEO Clarence Smith said the furniture retailer’s top priority for 2008 is maintaining a strong balance sheet and hitting budgeted goals. Smith made... HVT |Comment

CEO: Libbey showing resilience, 2008 starting strong

Libbey Inc. (NYSE: LBY) CEO John Meier said the maker of tableware products is battling a sputtering economy by raising prices and diversifying its products and clients. Meier made the comments... LBY |Comment

CEO: Tuesday Morning to be a "formidable niche player"

Tuesday Morning Corp. (Nasdaq: TUES) CEO Kathleen Mason said the home furnishings retailer’s strong balance sheet and ability to generate cash flow will allow the company to be a “formidable... TUES |Comment

Ethan allen CEO: Smaller stores are the future

Ethan Allen Interiors Inc. (NYSE: ETH) CEO Farooq Kathwari said the furniture retailer is in the midst of a transition to become an interior design company from its traditional role as a consumer... ETH |Comment

Omnova Solutions CEO: Oil prices driving costs up

Omnova Solutions Inc. (NYSE: OMN) CEO Kevin McMullen said much of the firm’s sales gains have been from new customers and aggressive marketing of decorative products. McMullen made the comments... OMN |Comment

Lifetime Brands rises on 30-store closure announcement

Lifetime Brands, Inc. (Nasdaq: LCUT) shares are rising after the maker of kitchen and home décor products announced before the opening that it will close 30 underperforming outlet stores. LCUT |Comment

Kewaunee Scientific soars after doubling Q2 profit

Kewaunee Scientific Corp. (Nasdaq: KEQU) shares are rising after the maker of laboratory and technical furniture posted second-quarter earnings of $1.2 million, or $0.47 per share, up 100% from... KEQU |Comment

Design Within Reach up after swinging to Q3 profit

Design Within Reach, Inc. (Nasdaq: DWRI) shares are up after the furniture seller reported a third-quarter profit of $2.4 million, or $0.17 per share, a 300% improvement from a loss of $1.2... DWRI |Comment

Craftmade International hits year low on 19% Q1 sales drop

Craftmade International, Inc. (Nasdaq: CRFT) is falling to a new 52-week low after the fans and home furnishings maker reported first-quarter sales of $22.74 million, down 19% from $28.13 million a... CRFT |Comment

Kimball International up on 73% Q3 profit surge

Kimball International (Nasdaq: KBALB) shares are up after the furniture provider reported third-quarter net sales of $333.9 million, above analyst estimates of $331.9 million and up 8% from $309.8... KBALB |Comment

Furniture Brands International drops after swinging to Q3 loss

Furniture Brands International, Inc. (NYSE: FBN) shares are dipping after the St. Louis-based firm reported it swung to a third-quarter net loss of $13.7 million, or $0.28 per share, below analyst... FBN |Comment

Tuesday Morning reports FY Q1 results in line with the Street

Tuesday Morning Corp. (Nasdaq: TUES), closeout retailer of upscale home furnishings, house wares and gifts, today reported results for the first quarter of fiscal 2008 in line with analysts’... TUES |Comment

Stanley Furniture Company reports lackluster Q3 results

Stanley Furniture Company, Inc. (Nasdaq: STLY) reported lackluster results for the third quarter, citing unfavorable industry-wide conditions. STLY |Comment

Tuesday Morning reports Q1 sales below the Street, issues earnings guidance

Tuesday Morning Corp. (Nasdaq: TUES), a closeout retailer of upscale, decorative home accessories, reported net sales for its first fiscal quarter below the consensus on Wall Street and guided for... TUES |Comment

Bassett Furniture Industries rises, reports higher Q3 profit

Bassett Furniture Industries, Inc. (Nasdaq: BSET) posted an increase in its third-quarter net income despite a drop in sales, the branded home furnishings retailer announced after the close on... BSET |Comment

Haverty Furniture Companies reports September comparable-store sales decline

Haverty Furniture Companies, Inc. (NYSE: HVT) reported a sales decline for the month of September this morning. HVT |Comment

Pier 1 Imports up on CEO share purchase

Pier 1 Imports, Inc. (NYSE: PIR) shares are higher after the home furnishings retailer’s chief executive bought 40,000 shares, according to regulatory filings. CEO Alex Smith bought the shares of... PIR |Comment

Gottschalks soars on credit facility news

Shares of Gottschalks Inc. (NYSE: GOT) soared in today’s trading after the department store operator announced before the opening that it had $200 million under its credit facility after... GOT |Comment

Furniture Brands International surges on investor news

Furniture Brands International, Inc. (NYSE: FBN) shares are soaring on news that a group of investors from Taiwan and Hong Kong is considering taking control of the company. Samson Holding Ltd., a... FBN |Comment

La-Z-Boy down after dropping Todd Oldham

La-Z-Boy Inc. (NYSE: LZB) shares are down after the furniture maker and retailer announced before the start of trading that it is ending its four-year partnership with fashion designer Todd Oldham.... LZB |Comment

Pier 1 Imports CEO: Q3 and Q4 margins will improve

Pier 1 Imports, Inc. (NYSE: PIR) CEO Alex Smith said the company expects merchandising margins to improve during the next six months. PIR |Comment

Furniture Brands International downgrades outlook on soft business trends

Residential furniture company Furniture Brands International (NYSE: FBN) downgraded its third quarter guidance this morning due to recent adverse business trends. FBN |Comment

Cost Plus hits new 52-week low as Q2 loss widens

Shares of Cost Plus Inc. (Nasdaq: CPWM) have fallen to a new 52-week low after the specialty retailer of casual home living and entertaining products reported after Thursday’s close that its... CPWM |Comment

Russell 2000 to drop

The Russell 2000 futures are down and the small-cap index will likely open lower despite news of strong second-quarter economic growth. LEH |Comment

Russell, Dow fall on housing data

The Russell 2000 and the Dow retreated on news that sales of existing homes fell in July. TOA |Comment

American Woodmark Corp. down on lower Q2 profit, guidance cut

Shares of American Woodmark Corp. (Nasdaq: AMWD) are sagging following news before the opening bell that the maker of kitchen cabinets lowered its fiscal year 2008 guidance and posted a decline in... AMWD |Comment

Canada Connection: Calgary's oilpatch

Calgary's oilpatch hasn't escaped the turmoil in credit markets. But one Canadian small-cap specialist insists there still are some investing opportunities among the "quality names" in the junior... SFI.TO |Comment

Modest gains for Russell, Dow

The Russell 2000 and the Dow closed with slim gains on a quiet day marked by news of strong earnings from a major retailer and credit fears. INDU |Comment

Stocks falling on credit worries

The Russell 2000 and the Dow are falling on more fears of losses in the credit markets. IWM |Comment

Russell 2000 flat

The Russell 2000 and the Dow are little changed this morning following last week’s discount rate cut. IWM |Comment

Russell 2000 looking higher

The Russell 2000 futures are higher and the small-cap index is ready to open higher after last week’s discount rate cut. LOW |Comment

Wednesday small-cap pre-market volume leaders: Great Wolf Resorts, Inc., Eddie Bauer Holdings, Inc., A.C. Moore Arts & Crafts

Great Wolf Resorts, Inc. (Nasdaq: WOLF), Eddie Bauer Holdings, Inc. (Nasdaq: EBHI) and A.C. Moore Arts & Crafts (Nasdaq: ACMR) are among the most actively traded companies in Tuesday pre-market... WOLF |Comment

Top Friday small-cap percentage losers: Rocky Brands Inc., Wayside Technology Group Inc., Protherics PLC

Rocky Brands, Inc. (Nasdaq: RCKY), Wayside Technology Group, Inc. (Nasdaq: WSTG) and Protherics PLC (Nasdaq: PTIL) are the biggest percentage losers in Friday's trading among companies with market... RCKY |Comment

Stanley Furniture hits 52-week low on weak Q2

Shares of furniture manufacturer Stanley Furniture Co. (Nasdaq: STLY) continue to plummet to a 52-week low Tuesday, after it reported weak second-quarter earnings and cut guidance late Monday evening. STLY |Comment

Biggest Tuesday small-cap percentage losers: MEDTOX Scientific, Inc., Qiao Xing Universal Telephone Inc., Nautilus, Inc.

MEDTOX Scientific, Inc. (Nasdaq: MTOX), Qiao Xing Universal Telephone Inc. (Nasdaq: XING) and Nautilus, Inc. (NYSE: NLS) are the biggest percentage losers in Tuesday's trading among companies with... MTOX |Comment

Cost Plus Inc. upgraded to “market perform”

Morgan Keegan & Co today upgraded casual home living and entertaining product retailer Cost Plus, Inc. (Nasdaq: CPWN) to a rating of “market perform” from “under perform.” CPWM |Comment

Russell 2000 strikes out

Stocks ended the day in negative territory for the third time in a row after a day of seesaw trading marked by disappointing economic data. CARN |Comment

Stocks tumble as Treasury yields rise

The major U.S. indices are lower on news of higher yields on U.S. government bonds. PSMT |Comment

Bassett Furniture: 104-year-old startup

Can this century-old company successfully transform itself from furniture maker to furniture marketer? BSET |1 Comment

Kirkland’s explains disappointing Q1

Kirkland’s, Inc. (Nasdaq: KIRK) basically misjudged the market during the first quarter ended May 5, said executives of the home décor retailer on a Friday morning conference call. “We... KIRK |Comment

Small caps sink

The Russell 2000 index stumbled as U.S. stocks erased early gains due to concerns that strong home sales make a cut in interest rates unlikely. SHLO |Comment

Pre-market: Pacific Ethanol profitable in QI

Sacramento, Calif.-based Pacific Ethanol, Inc. (Nasdaq: PEIX) swung to a quarterly profit, in the first quarter ended March 31. PEIX |Comment

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