La-Z-Boy rolls out AI-powered ‘decliner’ as part of brand refresh

Wednesday, 9 August 2023

La-Z-Boy launched a new marketing platform, “Long Live The Lazy,” to reclaim the term “lazy,” according to a press release. A national ad campaign will begin airing this week across broadcast, digital, streaming, social media and mobile gaming.

Benchmark Maintains HNI (HNI) Buy Recommendation

Wednesday, 9 August 2023

Fintel reports that on August 9, 2023, Benchmark maintained coverage of HNI (NYSE:HNI) with a Buy recommendation.

Analyst Price Forecast Suggests 22.72% Upside

As of August 2, 2023, the average one-year price target for HNI is 35.70. The forecasts range from a low of 34.34 to a high of $37.80. The average price target represents an increase of 22.72% from its latest reported closing price of 29.09.

Steelcase Inc.’s Strong Performance and Promising Future: An Investor’s Perspective

Wednesday, 9 August, 2023

In a recent disclosure with the Securities and Exchange Commission (SEC), Prime Capital Investment Advisors LLC announced the acquisition of a new stake in Steelcase Inc. (NYSE:SCS) during the first quarter of this year. The firm obtained 15,525 shares of the business services provider’s stock, translating to an estimated value of $131,000.

Haworth partakes in headquarters restoration project

Tuesday, 8 August 2023

HOLLAND, Mich. — Haworth, a family-owned furniture company, announced that it is coordinating with the Outdoor Discovery Center Conservation Services on a multi-phased project. The project consists of converting overgrown turfgrass and lawns on the Hawthorn campus into native prairie species.

HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2023

Tuesday, 8 August 2023

MUSCATINE, Iowa–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) today announced sales for the second quarter ended July 1, 2023 of $563.5 million and a net loss of $12.8 million. GAAP earnings per diluted share declined from $0.72 in the prior year to ($0.30) in the current year primarily due to transaction expenses related to the acquisition of Kimball International. When excluding acquisition expenses and select other items, non-GAAP net income per diluted share was $0.55, compared to $0.52 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

La-Z-Boy Announces Timing of First Quarter Fiscal 2024 Earnings Release/ Conference Call

Tuesday, 08 August 2023

MONROE, Mich., Aug. 08, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) will report its first quarter fiscal 2024 results for the period ended July 29, 2023 after the close of trading on the New York Stock Exchange on Tuesday, August 22, 2023, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, August 23, 2023.

Flexsteel Industries, Inc. to Announce Fourth Quarter 2023 Results on August 21

Monday, 7 August 2023

DUBUQUE, Iowa–(BUSINESS WIRE)–Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and marketers of residential furniture products in the United States, announced today that it will issue its fourth quarter 2023 financial results after market close on Monday, August 21, 2023.

Jump Financial LLC Increases Stake in MillerKnoll, Inc. and Highlights Strong Quarterly Earnings

Thursday, 3 August 2023

Jump Financial LLC Boosts its Position in MillerKnoll, Inc. (NASDAQ:MLKN)

In a surprising turn of events, Jump Financial LLC revealed that it has increased its stake in MillerKnoll, Inc. by 17.2% during the first quarter of this year. This information was disclosed in the company’s recently filed Form 13F with the Securities and Exchange Commission (SEC). According to the filing, Jump Financial LLC now owns an impressive 68,295 shares of MillerKnoll’s stock, after acquiring an additional 10,025 shares during the aforementioned period. With this increase in ownership, Jump Financial LLC now possesses approximately 0.09% of MillerKnoll’s total worth which equates to a staggering $1,397,000.

Victory Capital Management Increases Holdings in HNI Co. by 27.7%

Tuesday, 1 August 2023

On July 31, 2023, Victory Capital Management Inc. revealed in its latest Form 13F filing with the Securities and Exchange Commission (SEC) that it had increased its holdings in HNI Co. (NYSE:HNI) by a staggering 27.7% during the first quarter. This marked a significant boost for Victory Capital as it acquired an additional 100,407 shares of the business services provider’s stock, bringing its total ownership to 463,040 shares. The value of these shares amounted to an impressive $12,891,000 according to the most recent SEC filing.