JASPER, Ind. – Contract furniture manufacturer Kimball has reported $183 million in second quarter net sales, a 21% increase over last year.
Kimball reported a 15% increase in workplace furniture sales, a 17% increase in health furniture sales and a 64% increase in hospitality sales.
Indiana Furniture announced Greg Stoner has been elected to their board of directors. Stoner will bring decades of experience in corporate leadership and manufacturing, and a long track record of driving innovative and diverse teams globally.
Nisa Investment Advisors LLC reduced its position in shares of HNI Co. (NYSE:HNI) by 6.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,046 shares of the business services provider’s stock after selling 1,766 shares during the quarter. Nisa Investment Advisors LLC owned 0.07% of HNI worth $721,000 at the end of the most recent quarter.
HNI Co. (NYSE:HNI) CFO Marshall H. Bridges sold 4,383 shares of the stock in a transaction dated Thursday, February 2nd. The shares were sold at an average price of $32.35, for a total value of $141,790.05. Following the completion of the transaction, the chief financial officer now owns 72,287 shares of the company’s stock, valued at $2,338,484.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
DUBUQUE, Iowa — Flexsteel Inds. reported second quarter 2023 (ending Dec. 31, 2022) revenues of $93.14 million besting analyst estimates of $89.53 million but still coming in at a a decrease of 34.3% from $141.7 million in the prior-year quarter.
The company’s earnings per share was 8 cents per share, 5 cents better than analyst estimates.
Jerry Dittmer, president and CEO, said, “While many furniture manufacturers are scaling back investments and resources in response to uncertain business conditions across the industry, we are making judicious investments to support our long-term strategic growth plans.”
Great West Life Assurance Co. Can raised its holdings in shares of Steelcase Inc. (NYSE:SCS) by 68.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,016 shares of the business services provider’s stock after buying an additional 7,345 shares during the period. Great West Life Assurance Co. Can’s holdings in Steelcase were worth $117,000 at the end of the most recent reporting period.
Yousif Capital Management LLC decreased its position in HNI Co. (NYSE:HNI) by 3.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,444 shares of the business services provider’s stock after selling 1,237 shares during the quarter. Yousif Capital Management LLC owned 0.08% of HNI worth $887,000 at the end of the most recent quarter.
Investing.com – Flexsteel (NASDAQ: FLXS) reported second quarter EPS of $0.08, $0.05 better than the analyst estimate of $0.03. Revenue for the quarter came in at $93.14M versus the consensus estimate of $89.53M.
Flexsteel’s stock price closed at $19.10. It is up 27.33% in the last 3 months and down -15.78% in the last 12 months.
Fintel reports that Wellington Management Group Llp has filed a 13G/A form with the SEC disclosing ownership of 0.02MM shares of La-Z-Boy Incorporated (LZB). This represents 0.05% of the company.
In their previous filing dated February 4, 2022 they reported 2.59MM shares and 5.89% of the company, a decrease in shares of 99.13% and a decrease in total ownership of 5.84% (calculated as current – previous percent ownership).
Enter your email here and we will tell you when this news page is updated.
JSA CONSULTANCY SERVICES
5a Wilmington Square, Clerkenwell,
London, WC1X 0ES, England
