Tag Archives: upholstery

Hooker Q1 Net Jumps on Higher Sales

Hooker Furniture

MARTINSVILLE, Va.-Rising sales, especially in the casegoods segment, propelled Hooker Furniture to a robust 31.9 percent gain in first-quarter net income, which totaled $2.8 million. Total net sales in the quarter, which ended on May 4, increased 9.1 percent to $61.4 million. Casegoods sales were up 10.1 percent, the result if increased unit volume measuredMore »

Flexsteel Sales Gain 19 Percent in Q2

Flexstee

DUBUQUE, Iowa-Flexsteel Industries posted a 19 percent gain in its second-quarter net sales, to $112.5 million, part of a record-breaking 17 percent increase in net sales for the first half of its fiscal year. Net income for the quarter, which ended on Dec. 31, fell 60 percent to $1.2 million. Much of this falloff cameMore »