The focus on plant efficiencies in Mexico is part of La-Z-Boy’s larger strategy to build a more dynamic supply chain, according to Whittington. She added that the furniture maker considers its North American manufacturing footprint as a “key differentiator” for production.
ZEELAND, Mich., Sept. 12, 2024 /PRNewswire/ — MillerKnoll, a global leader in design, is opening two new flagship locations in London and New York this month. Including contract showrooms and stores from across the company’s collective of brands, these spaces build upon the MillerKnoll strategy of creating world-class design destinations globally. This approach provides our employees with inspiring workplaces and offers customers and the design community a convenient way to experience the latest in design for office, home and beyond.
DUBUQUE, Iowa–Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared an increased quarterly dividend of $0.17 per share, payable October 7, 2024, to shareholders of record as of September 25, 2024. The $0.17 per share quarterly dividend is an increase of over 13% from the previous quarterly dividend.
ZEELAND, Mich. – MillerKnoll has promoted R.J. Stelter as its new senior vice president and general manager of its Geiger and DatesWeiser brands. Stelter will lead all areas and functions of the business and develop growth strategy to drive profitability for both brands.
La-Z-Boy Inc. (NYSE:LZB) director Janet Kerr recently sold a total of 3,890 common shares of the company, resulting in a transaction value exceeding $159,000. The sale took place on September 5, as per the latest filing with the Securities and Exchange Commission.
NEOSHO, Mo. — A big-time fundraising goal has been reached in Neosho — and Tuesday it got some big-time help getting there.
Representatives from the La-Z-Boy Foundation presented a check for $150,000 to the Neosho Freeman Family YMCA. This contribution enabled the organization to meet its $255,000 overall goal for the Create a Moment Project.
MONROE, Mich. — La-Z-Boy reported $496 million in first quarter sales, a 3% increase over last year but a $58 million drop from last quarter. Net income was $26.2 million, compared with $27.5 million last year.
The company was proud of its performance, particularly in wholesale.
Kimball International recently announced that their Los Angeles showroom has been awarded WELL Certification at the Platinum level by the International WELL Building Institute (IWBI). WELL Platinum is the highest pinnacle of health achievement, and this certification helps organizations collect employee feedback and monitor ongoing building performance. This designation marks an important achievement and visible commitment to supporting the health and well-being of their staff, visitors, and the broader community.
DUBUQUE, Iowa – Furniture manufacturer and importer Flexsteel reported $110.8 million in fourth quarter net sales, a 4.7% increase from last year. Flexsteel has now reported year-over-year and sequential increases in the past three quarters. For full fiscal 2024, the company reported $412.8 million in sales, a 4.8% increase over 2023.
Thorold is planning to spend nearly $200,000 to furnish its development services offices.
At its meeting Tuesday, council approved a contract valued at more than $194,000 with McGowan Office Interiors of St. Catharines to provide office furniture for the city-run office at 8 Carleton St. S., the former city hall.
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