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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 […]
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 […]
Summary La-Z-Boy’s retail focus could mean weakness in growth ahead. Although the company has had strong earnings growth, its free cash flow growth isn’t picking up. Combining the two could mean a slowdown in the near term that impacts both its shareholder return and acquisitions.
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. […]
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 […]
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 […]
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 […]
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