Furniture
Search documents
MARTELA CORPORATION’S FINANCIAL INFORMATION IN 2026
Globenewswire· 2025-12-23 11:00
Martela Corporation, Financial calendar, 23.12.2025, at 13:00 p.m. Martela Corporation’s financial information in 2026 will be published as follows; On Wednesday 25.2.2026, Financial Statement Release for 2025 On Tuesday 12.5.2026, Financial Review for January-March 2026On Wednesday 12.8.2026, Half Year Report for January-June 2026On Wednesday 11.11.2026, Financial Review for January-September 2026 The Annual Report for 2025 will be published on Martela’s website during week 11 year 2026. The Annual Genera ...
Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q3 FY26
TMX Newsfile· 2025-12-22 15:32
Core Insights - Hooker Furniture Corporation (NASDAQ: HOFT) reported disappointing financial results with revenue of $70.7 million, operating income of -$16.3 million, and adjusted EPS of -$1.99, falling short of consensus estimates [1] - Revenue declined by 32.2% year-over-year, primarily due to the sale of the majority of its HMI business segment, while Hooker Branded net sales increased by 4.4% year-over-year and Domestic Upholstery grew by 3.0% [1] - Consolidated gross margins improved to 25.6% following the sale of the lower margin HMI business, although overall profitability was impacted by one-time trade name impairment charges related to the HMI transaction [1] Financial Performance - Revenue: $70.7 million, compared to estimates of $85.2 million and $85.5 million [1] - Operating Income: -$16.3 million, against estimates of -$2.2 million [1] - Adjusted EPS: -$1.99, compared to estimates of -$0.15 and -$0.14 [1] Business Segment Performance - HMI Business Segment: Majority sold, contributing to revenue decline [1] - Hooker Branded Net Sales: Increased by 4.4% year-over-year [1] - Domestic Upholstery: Increased by 3.0% year-over-year [1] Strategic Focus - Management is focused on navigating macroeconomic challenges such as housing market weakness, high mortgage rates, and subdued consumer demand [1] - The company aims to position itself for a return to profitability [1]
The Lovesac Company Publishes 2025 ESG Report
Globenewswire· 2025-12-19 13:45
Core Insights - The Lovesac Company has released its ESG & Impact Report for the fiscal year 2025, emphasizing its commitment to environmental sustainability, social responsibility, and governance [1][2] ESG Strategy - Lovesac's ESG strategy is built around three core pillars: Love, Earth, and Purpose, focusing on workforce inspiration, environmental protection, and positive stakeholder impact [3] - The company aims for net-zero waste and emissions by 2040, promoting high-quality, sustainably manufactured products that adapt to customer needs [5] Key Achievements in 2025 - The company has successfully eliminated Scope 2 emissions from all US showrooms for the second consecutive year and launched a zero-landfill, net-zero emissions manufacturing facility [6] - Lovesac has repurposed 322 million plastic bottles and over 30 million pounds of post-industrial foam remnants, demonstrating its commitment to Circular Operations [6] - The company maintained 100% ethical auditing compliance for all primary manufacturing vendors and engaged associates in over 550 volunteer hours, contributing products valued at $286,000 [6] Future Commitments - Lovesac plans to continue advancing its ESG priorities and report on progress through future ESG reports, reinforcing its multi-phased commitment to stakeholders [7]
TCM Group A/S: Finanskalender 2026
Globenewswire· 2025-12-19 09:00
Group 1 - The financial calendar for TCM Group A/S outlines the expected dates for the publication of quarterly and annual reports, as well as the annual general meeting [1] - Key dates include the release of the Q4 2025 and annual report for 2025 on February 26, 2026, and the ordinary general meeting on April 9, 2026 [1] - Subsequent quarterly reports are scheduled for May 21, August 20, and November 19 in 2026, with the next annual report set for February 25, 2027 [1] Group 2 - TCM Group is the third-largest manufacturer of kitchens, bathrooms, and storage furniture in Scandinavia, with products designed and produced in Denmark [2] - The company operates a multi-brand strategy, with Svane Køkkenet as the primary brand, alongside Tvis Køkken, Nettoline, and AUBO, covering a wide price range [2] - TCM Group products are sold through approximately 220 retailers in Denmark and the rest of Scandinavia, and also as private label through hardware chains in Denmark and independent kitchen stores in Norway [2]
TCM Group A/S: Financial calendar 2026
Globenewswire· 2025-12-19 09:00
Financial Calendar - The Board of Directors of TCM Group A/S has announced key dates for the publication of interim and annual reports, as well as the annual general meeting for 2026 [1] - Interim report Q4 2025 and Annual report 2025 will be published on 26 February 2026 [1] - The annual general meeting is scheduled for 9 April 2026 [1] - Subsequent interim reports for Q1, Q2, and Q3 of 2026 will be published on 21 May, 20 August, and 19 November respectively [1] - The annual report for 2026 will be published on 25 February 2027, with the next annual general meeting on 7 April 2027 [1] Company Overview - TCM Group is the third largest manufacturer of kitchens and furniture for bathrooms and storage in Scandinavia [2] - The company designs and produces its products in Denmark, emphasizing quality and craftsmanship [2] - TCM Group operates a multi-brand strategy, with the main brand being Svane Køkkenet, alongside Tvis Køkken, Nettoline, and AUBO [2] - The brands cater to a wide price spectrum and are sold through approximately 220 dealers in Denmark and Scandinavia [2] - TCM Group also sells private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway [2]
MillerKnoll Shares Rise 6% After Earnings Beat and Upbeat Third-Quarter Outlook
Financial Modeling Prep· 2025-12-18 22:40
Core Viewpoint - MillerKnoll Inc. reported stronger-than-expected adjusted earnings for Q2 fiscal 2026, leading to a significant increase in share price [1] Financial Performance - The company posted adjusted earnings of $0.43 per share, surpassing the consensus estimate of $0.41 [2] - Revenue for the quarter was $955.2 million, slightly below analyst expectations of $962.47 million, and represented a year-over-year decline of 1.6% [2] - On an organic basis, sales decreased by 2.5% compared to the previous year [2] Future Outlook - For Q3, MillerKnoll forecasts revenue between $923 million and $963 million, exceeding the consensus estimate of $909.6 million [3] - Adjusted earnings for Q3 are projected to be between $0.42 and $0.48 per share, above the $0.41 expected by analysts [3] Operational Metrics - Despite the revenue decline, the company experienced order growth of 5.5%, totaling $972.5 million, with increases across all business segments [4] - Gross margin improved by 20 basis points to 39.0%, while adjusted operating margin decreased to 5.9% from 7.1% in the prior-year quarter [4]
MillerKnoll Issues Cautious Guidance in 2026, Continues to Offset Tariff Costs
Yahoo Finance· 2025-12-18 16:08
MILAN — MillerKnoll, a leading American furniture maker known for its iconic midcentury modern designs, continues to navigate U.S. President Donald Trump’s trade policy in its fiscal full year 2026. As a result, it’s erring on the side of caution when it comes to guidance. In the fiscal second quarter which ended Nov. 29, the Zeeland, Mich.-based MillerKnoll — whose portfolio includes American brands Knoll, Herman Miller, Design Within Reach and Holly Hunt, as well as Copenhagen-based Muuto and textile fir ...
Stock Market Today: S&P 500, Nasdaq Futures Gain, Dow Flat—Accenture, Micron Technologies And FedEx In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-12-18 09:19
Market Overview - U.S. stock futures are slightly higher after a decline in the previous session, amid concerns about a "hiring recession" following the November jobs report [1] - The November Consumer Price Index is anticipated as a key inflation indicator that could influence market sentiment in the final trading days of the year [1] Treasury Bonds and Market Projections - The 10-year Treasury bond yielded 4.13%, while the two-year bond was at 3.46% [2] - The CME Group's FedWatch tool indicates a 73.4% probability that the Federal Reserve will maintain current interest rates [2] Stock Performance - The SPDR S&P 500 ETF Trust (SPY) increased by 0.23% to $672.95, and the Invesco QQQ Trust ETF (QQQ) rose by 0.55% to $603.70 in premarket trading [2] - Accenture PLC shares decreased by 0.27% ahead of its fiscal first-quarter results, with expected earnings of $3.75 per share on revenue of $18.52 billion [6] - Micron Technology Inc. shares rose by 9.61% following a better-than-expected first-quarter performance and a strong outlook for the second quarter [6] - FedEx Corp. shares fell by 0.07% pre-market, with analysts expecting earnings of $4.10 per share on revenue of $22.79 billion [6] - Nike Inc. shares increased by 0.44% ahead of its fiscal second-quarter results, with expected earnings of $0.38 per share on revenue of $12.22 billion [13] Sector Performance - On the previous trading day, Information Technology, Consumer Discretionary, and Communication Services sectors performed well, while Energy, Health Care, Real Estate, and Financials sectors saw declines [8] Economic Data and Market Sentiment - Initial jobless claims and the November consumer price index report are set to be released, which will provide insights into price pressures and regional factory activity [14]
Stock Market Today: S&P 500, Nasdaq Futures Gain, Dow Flat—Accenture, Micron Technologies And FedEx In Focus
Benzinga· 2025-12-18 09:19
Market Overview - U.S. stock futures are slightly higher after a decline on Wednesday, driven by concerns over a "hiring recession" following the November jobs report [1] - The November Consumer Price Index is anticipated as a crucial inflation indicator that could influence market trends for the remaining trading days of the year [1] Treasury Bonds and Market Projections - The 10-year Treasury bond yielded 4.13%, while the two-year bond was at 3.46% [2] - The CME Group's FedWatch tool indicates a 73.4% probability that the Federal Reserve will maintain current interest rates [2] Stock Performance - The SPDR S&P 500 ETF Trust (SPY) increased by 0.23% to $672.95, and the Invesco QQQ Trust ETF (QQQ) rose by 0.55% to $603.70 in premarket trading [2] - Accenture PLC shares decreased by 0.27% ahead of its fiscal first-quarter results, with expected earnings of $3.75 per share on revenue of $18.52 billion [6] - Micron Technology Inc. shares rose by 9.61% following a better-than-expected first-quarter performance and a strong outlook for the second quarter [6] - FedEx Corp. shares fell by 0.07% pre-market, with analysts expecting earnings of $4.10 per share on revenue of $22.79 billion [6] - Nike Inc. shares increased by 0.44% ahead of its fiscal second-quarter results, with expected earnings of $0.38 per share on revenue of $12.22 billion [13] Sector Performance - On Wednesday, Information Technology, Consumer Discretionary, and Communication Services sectors performed well, while Energy, Health Care, Real Estate, and Financials sectors saw declines [8] Economic Data and Market Sentiment - Initial jobless claims and the November consumer price index report are set to be released, which will provide insights into price pressures and regional factory activity [14] - Asian markets closed mixed, with some indices in the green, while most European markets opened higher [15]
MillerKnoll (MLKN) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-12-17 23:16
Core Insights - MillerKnoll reported quarterly earnings of $0.43 per share, exceeding the Zacks Consensus Estimate of $0.42 per share, but down from $0.55 per share a year ago, indicating an earnings surprise of +2.38% [1] - The company achieved revenues of $955.2 million for the quarter, surpassing the Zacks Consensus Estimate by 1.18%, although this is a decrease from $970.4 million in the same quarter last year [2] - MillerKnoll has outperformed consensus EPS estimates three times in the last four quarters, but the stock has underperformed the market, losing about 26.1% year-to-date compared to the S&P 500's gain of 15.6% [3][4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.41 on revenues of $922.4 million, and for the current fiscal year, it is $1.86 on revenues of $3.8 billion [7] - The trend of estimate revisions for MillerKnoll was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Furniture industry, to which MillerKnoll belongs, is currently ranked in the top 29% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]