Virco earnings and sales rising

Tuesday, 11 June 2024

TORRANCE, Calif. — Virco Mfg. Corporation, a manufacturer and supplier of movable furniture and equipment for educational environments in the United States, announced shipments for the first quarter ended April 30, 2024, grew 33.7% compared to the same quarter in the prior year, generating net income of $2.1 million vs. a loss of $1.4 million in the same seasonally light quarter of the prior year.

Virco Reports 33.7% Increase in First Quarter Revenue; Net Income of $2.1 million; Declares Regular Quarterly Dividend

Friday, 07 June 2024

TORRANCE, Calif., June 07, 2024 —  Virco Mfg. Corporation (NASDAQ: VIRC), the leading manufacturer and supplier of movable furniture and equipment for educational environments in the United States, announced shipments for the First Quarter ended April 30, 2024, grew 33.7% compared to the same quarter in the prior year, generating net income of $2.1 million vs. a loss of $1.4 million in the same seasonally light quarter of the prior year.

HNI Corp CFO Marshall Bridges trades over $662k in company stock

Friday, 07 June 2024

Muscatine, IA – In a recent filing with the Securities and Exchange Commission, HNI Corp (NYSE:HNI) reported that its Senior Vice President & Chief Financial Officer, Marshall H. Bridges, engaged in significant trading of company stock. The transactions, which occurred on June 5th and 6th, included both acquisitions and disposals of shares.

Flexsteel named one of Newsweek’s ‘most trustworthy’ companies

Thursday, 06 June 2024

DUBUQUE, Iowa — Flexsteel Inds. has been named one of Newsweek’s World’s Most Trustworthy Companies for 2024.

This recognition was determined by Newsweek and Statista based on criteria such as customer trust, investor confidence and employee satisfaction.

Flexsteel Recognized as One of Newsweek’s Most Trustworthy Companies 2024

Wednesday, 5 June 2024

Furniture manufacturer Flexsteel Industries, Inc., , recently announce that it has been recognized as one of Newsweek’s World’s Most Trustworthy Companies 2024.

This esteemed recognition is a testament to Flexsteel’s dedication to quality, transparency, and ethical business practices. In collaboration with Statista, the award was meticulously chosen by Newsweek based on stringent criteria, including customer trust, investor confidence, and employee satisfaction.

U.S. brand Steelcase eyes 50% share in India’s ₹2,000-crore ‘performance seating’ market

Tuesday, 04 June 2024

Steelcase, a Michigan-based comfort office seating and work solutions brand said it aims to capture more than 50% of share in India’s ‘performance seating’ market in the next three to four years.

 

La-Z-Boy Incorporated Announces Timing of Fiscal 2024 Fourth Quarter and Full Year Earnings Release and Conference Call

Monday, 03 June 2024

MONROE, Mich., June 03, 2024 — La-Z-Boy Incorporated (NYSE: LZB) will report its Fiscal 2024 Fourth Quarter and Full Year results for the period ended April 27, 2024 after the close of trading on the New York Stock Exchange on Monday, June 17, 2024, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Tuesday, June 18, 2024.

Steelcase inaugurates ‘Work Better Conference’ to celebrate its Glorious 25 years in India

Saturday, 1 June 2024

Bengaluru:  Steelcase, a global leader in office furniture, proudly celebrates over 25 years of innovation and leadership in transforming workspaces across India. Since its initial joint venture, Steelcase has steadily expanded its presence, offering tailored solutions that cater to local needs and investing significantly in local manufacturing. This commitment has fostered the creation of inspiring, people-cantered environments that boost productivity and enhance employee engagement in Indian workplaces.

FURSYS, Korea’s Leading Office Furniture Brand, to Unveil Innovations at Design Days 2024 in Chicago

Tuesday, June 1 2024

FURSYS, a renowned leader in office furniture from Korea, is gearing up to showcase their innovative designs at Design Days 2024, taking place in Chicago from June 10-12, 2024. With the theme “Good to Work,” FURSYS aims to establish a strong presence in the North American market by connecting with customers and expanding their network of dealers.

La-Z-Boy hit with pricing lawsuit

Friday, 31 May 2024

Law360.com reports that La-Z-Boy is being sued for allegedly falsely labeling product prices on its Los Angeles-based subsidiary Joybird’s website as discounts from the e-commerce retailer and upholstered furniture maker’s original listed price points.