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2 Retail Home Furnishing Stocks to Watch Amid Industry Woes
FBINFortune Brands(FBIN) Zacks Investment Research·2024-02-05 17:21

Although improved housing market conditions, increasing consumer confidence on the back of expectations of series rate cuts and moderating inflation are encouraging, the Fed’s decision of holding interest rates steady and consumer’s cautious approach are concerns for the Zacks Retail-Home Furnishings industry players. Continued investments in e-commerce and higher raw material costs in the home furnishing market are added headwinds. However, consumers’ increasing desire for shopping, efficient cost manageme ...