2 Retail Home Furnishing Stocks to Watch Despite Industry Woes
Ethan Allen(ETD) Zacks Investment Research·2024-04-23 16:41
Although improved housing market conditions and increasing consumer confidence are encouraging, the Fed’s decision to hold interest rates steady and consumers’ cautious approach for future business conditions 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 management, a persistent focus on product innovati ...