Conference call and webcast to be held on Tuesday, January 26, 2021
Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and online marketers of furniture products in the United States, announced today that it will issue its second quarter 2021 financial results after market close on Monday, January 25, 2021.
Flexsteel Industries Inc. (FLXS) had a good day on the market for Thursday January 07 as shares jumped 1.1% to close at $35.87. About 16,851 shares traded hands on 469 trades for the day, compared with an average daily volume of n/a shares out of a total float of 7.32 million. After opening the trading day at $35.51, shares of Flexsteel Industries Inc. stayed within a range of $36.03 to $35.26.
La-Z-Boy Incorporated (LZB) had a good day on the market for Thursday January 07 as shares jumped 1.15% to close at $42.93. About 333,566 shares traded hands on 3,834 trades for the day, compared with an average daily volume of n/a shares out of a total float of 46.14 million. After opening the trading day at $42.51, shares of La-Z-Boy Incorporated stayed within a range of $43.17 to $42.12.
NEW LISKEARD, ONTARIO – Three H furniture company has added James Reese as its new U.S. regional sales director effective Jan. 18.
Reese most recently was the sales director at 9 to 5 Seating, and he has had several years of experience as an independent sales rep for leading furniture brands, including Knoll. He also was the national sales manager for OFS Brands during the growth years for that company.
Steelcase (NYSE:SCS) has been named to Newsweek’s 2021 list of America’s “Most Responsible Companies” for positive efforts in environmental stewardship, social impact and corporate governance. This is the second year Steelcase has received national recognition on Newsweek’s list, which started in 2020.
“We’re delighted to be recognized for the work we’ve done and progress we continue to make through our environmental, social and governance efforts,” said Jim Keane, President and CEO of Steelcase. “We use our business as a force for good, and this designation reflects our commitment.”
Herman Miller Inc. (MLHR) had a good day on the market for Wednesday January 06 as shares jumped 1.96% to close at $34.79. About 1.26 million shares traded hands on 13,333 trades for the day, compared with an average daily volume of n/a shares out of a total float of 58.9 million. After opening the trading day at $34.51, shares of Herman Miller Inc. stayed within a range of $35.48 to $33.96.
SAN FRANCISCO, Jan. 6, 2021 /PRNewswire/ — Vangard Concept Offices (“VCO”) (www.vcoffices.com ) recently announced a rebranding of its business, aligning its four U.S. locations with three additional Canadian locations which it has acquired over the past five years under a common brand – The Collective (www.collective.space). This new furniture titan will become the largest Teknion furniture dealer in North America, positioning itself to manage furniture standards for its extensive portfolio of clients in the U.S., Canada, and the Caribbean. The Collective will offer innovative product solutions for organizations looking to reimagine their work environments, providing a single foundation for furnishings, space planning, and project management.
THE detection of Covid-19 cases at several furniture factories has prompted the Muar Furniture Association (MFA) to set up a prevention committee to deal with the situation.
MFA chairman Steve Ong You Huan said it had met with furniture manufacturers in the Parit Jamil area last week, where they agreed to the setting up of the committee, headed by the association’s internal auditor Chua Boon Long.
KUALA LUMPUR, Malaysia – The Malaysia Furniture Council announced that it will delay the annual upcoming Export Furniture Exhibition.
The event was originally planned for March 10-13 at the Kuala Lumpur Convention Center. However, due to the pandemic, organizers said they will reschedule the event and announce the new dates soon.
Congress has passed a law mandating nationwide compliance with California’s flammability standard for upholstered furniture. The “COVID-19 Regulatory Relief and Work from Home Safety Act,” included in the massive appropriations bill passed by Congress and signed into law by the President on December 27, 2020, incorporates the provisions previously proposed in the Safer Occupancy Furniture Flammability Act (SOFFA), a bill widely supported by the furniture industry.
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