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MONROE, Mich. — Fourth quarter growth in its retail segment capped off La-Z-Boy Inc.‘s fiscal year, which generated records for both retail segment sales and consolidated earnings per share. For the full year ended April 29, the company generated consolidated sales of $2.3 billion, up 2% when adjusting for the 53th week in the FY calendar. […]
MONROE, Mich. — From retail expansion to new concept tests, La-Z-Boy Inc. is making moves to out-perform the overall industry in the months ahead. Coming off the company’s second consecutive year of record results despite a distrupted environment, La-Z-Boy executives struck a confident note during this morning’s quarterly investor call. And they outlined plans to pursue growth, […]
DUBUQUE, Iowa–(BUSINESS WIRE)–Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.15 per share, payable July 10, 2023, to shareholders of record as of June 28, 2023. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 326th consecutive quarterly cash dividend.
On June 11, 2023, it was announced that Penn Capital Management Company LLC had reduced its stake in Steelcase Inc. by a staggering 30.2% in the fourth quarter. According to the disclosure with the Securities and Exchange Commission (SEC), Penn Capital owned approximately 0.21% of Steelcase worth $1,683,000 at the close of the most recent […]
TORRANCE, Calif., June 12, 2023 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (NASDAQ: VIRC), the largest manufacturer and supplier of movable furniture and equipment for educational environments in the United States, today reported financial results for the quarterly period ended April 30, 2023 (first quarter of fiscal 2024). Net Sales were $34.9 million for the first […]
Cactus (NYSE:WHD) expected the acquisition of Flexsteel to be accretive in the first year, and the execs were more than right. The Q1 results were good enough but came with solid guidance for Q2, which is now improved. The company issued a new investor presentation outlining the company’s progress, and the progress is good.
Amalgamated Bank, a leading institutional investor, has reduced its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 31.5% during the fourth quarter, according to its recent filing with the Securities and Exchange Commission. The investor held 34,433 shares of the organization’s stock after selling 15,818 shares in Q4. This move has been made at a time when […]
NEW YORK — Humanscale has appointed Todd Bracher as creative director for the global brand. In his new role, he will lead creative and strategic positioning across Humanscale’s branding and product development. Bracher has served as a strategic advisor and design partner for more than 15 years, helping to create several products and global activations, including the award-winning […]
MONROE, Mich., June 08, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2023 fourth quarter results after the close of trading on the New York Stock Exchange on Tuesday, June 20, 2023, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, June 21, 2023.
MUSCATINE, Iowa — The Stanley Center for Peace and Security unveiled its new 100% self-sufficient building that features furnishings from Allsteel that were redesigned and tweaked to meet sustainability requirements. When looking to complete the interior of The Stanley Center, the team turned to fellow Muscatine-native workplace furnishings brand, Allsteel. Finding a furniture solution that contributed […]
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