LEHI, Utah, July 21, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," will report second-quarter 2025 financial results on Tuesday, July 29, 2025, at approximately 4:05 p.m. ET. The Company will hold a conference call that day at 4:30 p.m. ET to review the financial results.Investors and analysts interested in participating in the call are invited to dial 800-715-9871 (domestic) or 646-307-196 ...

Wayfair W is gearing up to release its second-quarter earnings before the market opens on August 4, with expectations of surpassing Street estimates for both sales and profitability.On Monday, Bank of America Securities analyst Curtis Nagle reiterated a Neutral rating on Wayfair, setting a price forecast of $60. Nagle’s projection of $3.15 billion in second-quarter sales surpasses the Street’s consensus of $3.12 billion.This more bullish outlook is attributed to stronger-than-expected industry trends, incre ...

July 18, 2025 05:00 AM GMT US Economics Weekly | North America M Idea Tariffs hit prices, consumers carried on Clearer signs of a tariff-driven acceleration in core goods prices in CPI this week. Despite higher prices, consumption remained resilient. Looking ahead we expect more inflation over the summer, slowing growth, but a low unemployment rate due to restrictive immigration policy. Heather Berger Economist Heather.Berger@morganstanley.com +1 212 761-2296 Extel Global Fixed Income Poll is now open. We h ...

Ethan Allen: America's Best Premium Furniture Retailer For the third consecutive year, Ethan Allen was rated America's #1 Premium Furniture Retailer by Newsweek Magazine. DANBURY, Conn., July 17, 2025 (GLOBE NEWSWIRE) -- Ethan Allen, a leading interior design destination and manufacturer and retailer of handcrafted home furnishings, has once again been named America’s #1 Premium Furniture Retailer based on data compiled by Newsweek and Statista. The recognition, now awarded to Ethan Allen three years in ...

Stocks like Bloomin’ Brands NASDAQ: BLMN, Flowers Foods NYSE: FLO, and Haverty Furniture Company NYSE: HVT are down in 2025 due to headwinds and growth struggles. However, the low share prices offer deep values relative to their historical norms, and high yields are in play. While risks are present, factors including payout ratios, cash flow, and balance sheet health offset them, making these stocks attractive for risk-tolerant dividend investors. Get HVT alerts:The most significant risk with each will be t ...

Christopher Knight Home and Purple Innovation Lead a Lineup of Top Companies Showcasing New Collaborations and Product InnovationsEL MONTE, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc. (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced its participation in the upcoming Las Vegas Market, held from July 27 to 31 at the World Market Center. From its showroom at A610, the Company wil ...

Core Insights - Vystar Corporation has launched a newly redesigned website to enhance customer engagement and reflect the company's evolution over recent years [1][2] Company Overview - Vystar Corporation is based in Worcester, Massachusetts, and is known for its Vytex® Natural Rubber Latex, which is a multi-patented, environmentally safe, and biodegradable product [4] - The company also owns RxAir® UV light air purification products that eliminate harmful airborne viruses and pathogens [4] Product Features - Vytex is positioned as a superior alternative to memory foam and traditional latex foam, offering enhanced comfort, durability, and eco-friendliness [3][6] - The Vytex topper retains its resilience for decades, compared to the 3-6 year lifespan of other foam products, and is virtually allergen-free due to a deproteinization process [6] - Vytex products are designed to provide full body support, resist moisture absorption, and repel bedbugs and dust mites, ensuring a more restful sleep [6] Market Applications - Vytex is utilized in various products including mattress lines, toppers, industrial adhesives, apparel padding, and sports equipment [3] - The company is actively seeking partnerships for the development of new Vytex formulations for a wide range of applications, including medical supplies and household products [3]

Core Insights - La-Z-Boy Incorporated has signed an asset purchase agreement to acquire a La-Z-Boy Furniture Galleries store network in the southeast U.S. from Atlanta Furniture Galleries, LLC, which includes 15 stores and approximately $80 million in annual sales [2][3] Acquisition Details - The acquisition will enhance La-Z-Boy's presence in the southeast region, adding 15 stores to its Retail segment and increasing the total company-owned store count to 220, representing 60% of the entire La-Z-Boy Furniture Galleries network [3] - The transaction is expected to close in late October 2025, subject to customary closing conditions [3] - The acquisition is anticipated to contribute approximately $40 million in additional annual sales to La-Z-Boy on a consolidated basis [4] Strategic Importance - The stores are located in key markets such as Atlanta, Orlando, Jacksonville, and Knoxville, which are considered core markets for La-Z-Boy, facilitating further growth opportunities [4] - This acquisition is noted as the largest independently owned La-Z-Boy Furniture Galleries acquisition in the company's history [5] Financial Outlook - La-Z-Boy expects its fiscal first quarter sales and adjusted operating margin to be around the low end of previously issued outlook ranges due to challenging consumer and macroeconomic conditions [5][6]

Frustrated By The Obstacles in Selling Second-Hand Furniture, This Entrepreneur Launched Her Own Platform, AptDeco. It Has Attracted More Than $20 Million In Funding. https://t.co/NZmGpcmlem https://t.co/NZmGpcmlem ...

Financial Data and Key Metrics Changes - Consolidated revenue increased by $938,000 or 1.1% year-over-year, with a 2.5% increase when excluding sales from Noah Home, Inc [20] - Consolidated gross margin improved by 310 basis points to 55.6%, despite additional inventory valuation charges in the prior quarter [20] - Operating income was $2,500,000 or 3% of sales, a significant improvement from a loss of $8,500,000 in the prior year [21] - Diluted earnings per share were $0.22 compared to a loss of $0.82 in the previous year [21] Business Line Data and Key Metrics Changes - Net sales in the wholesale operations increased by $1,600,000 or 3%, driven by a 12.6% increase in shipments to Bassett retail stores, while shipments to the open market decreased by 2.6% [21] - Retail store net sales increased by $3,800,000 or 7.5%, although written sales declined by 0.8% [23] - Retail backlog was $34,100,000, down from $37,100,000 at the end of November 2024 [24] Market Data and Key Metrics Changes - Orders to the corporate and licensed store network grew by 9.6%, while wholesale business from the open market declined by 6.6% [11] - Written sales at bassetfurniture.com increased by 31% in the second quarter compared to the previous year, following a 36% increase in Q1 [15] Company Strategy and Development Direction - The company is focused on executing a five-point restructuring strategy aimed at growth and profitability, including product innovation and cost reduction [5][6] - Plans to open two new retail stores in Cincinnati and Orlando, with construction expected to start in the fall [18] - The company aims to enhance its presence in the interior design community and is committed to integrating further into this channel [73] Management's Comments on Operating Environment and Future Outlook - The management highlighted the challenging housing market and consumer confidence issues affecting the home furnishings industry [6][8] - Despite the tough environment, the company remains optimistic about the impact of its restructuring efforts and new product lines on future performance [73] - Management is closely monitoring tariff impacts and is working to mitigate their effects on pricing and supply chain [10][72] Other Important Information - The company generated $7,000,000 in operating cash flow during the quarter and ended with $59,800,000 in cash and short-term investments, with no outstanding debt [24][25] - The board of directors will consider a regular quarterly cash dividend of $0.20 per share [19] Q&A Session Summary Question: Update on design studios and future plans - The company currently has 54 design studios and expects to maintain a pace of opening six to eight studios per quarter [27][30] Question: Metrics on design studios' performance - The company is monitoring the performance of design studios but has not shared specific metrics externally [31] Question: Impact of tariffs on design trade versus retail - Tariffs have had less impact on the design trade compared to retail, which is more cost-conscious [36] Question: Shipment timing and expectations for the third quarter - A significant customer affected Lane Venture shipments, but improvements are expected in the third quarter [42][46] Question: Future margin impacts from discounting - The company is working to clean inventory, which may slightly affect margins but is seen as a prudent exercise [56][59] Question: Plans for store expansion - The company aims for a conservative growth strategy, targeting two to three net new stores per year [62][67]