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Bassett Furniture (BSET) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-09 23:45
Company Performance - Bassett Furniture (BSET) reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.15 per share, and compared to a loss of $0.19 per share a year ago, representing an earnings surprise of +46.67% [1] - The company posted revenues of $84.35 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 3.88%, and compared to year-ago revenues of $83.41 million [2] - Over the last four quarters, Bassett has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Outlook - Bassett shares have increased approximately 17.3% since the beginning of the year, outperforming the S&P 500's gain of 5.9% [3] - The current consensus EPS estimate for the coming quarter is $0.20 on $83.6 million in revenues, and for the current fiscal year, it is $0.88 on $334.66 million in revenues [7] - The estimate revisions trend for Bassett was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Furniture industry, to which Bassett belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Legget & Platt (LEG), is expected to report quarterly earnings of $0.29 per share, with revenues anticipated to be $1.06 billion, down 5.8% from the year-ago quarter [9]
Ethan Allen Announces Release Date for its Fiscal 2025 Fourth Quarter and Full Year Results
Globenewswire· 2025-07-09 20:05
DANBURY, CT, July 09, 2025 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) announced today that it will release its financial and operating results for the fiscal 2025 fourth quarter and full year ended June 30, 2025, after the stock market closes on Wednesday, July 30, 2025. Following the earnings release, the Company will host a conference call at 5:00 p.m. Eastern Time to discuss these results. The conference call will be webcast live from the Company’s Investo ...
RH vs. Williams Sonoma: Which Home Furnishings Stock is a Smarter Buy?
ZACKS· 2025-07-07 14:21
Key Takeaways RH projects 99.6% EPS growth in fiscal 2025, fueled by global openings and product platform expansion. WSM's fiscal 2025 EPS is expected to decline 3% despite gains in e-commerce and B2B segments. RH trades at a discount to WSM, offering stronger growth potential amid uncertain housing demand.The United States’ home-furnishing market is currently facing a setback due to reduced consumer confidence fueled by a still-high mortgage rate scenario, lingering inflation risks and rising concerns re ...
HNI (HNI) Is Up 6.94% in One Week: What You Should Know
ZACKS· 2025-07-03 17:06
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
X @Forbes
Forbes· 2025-07-01 20:45
The 20 Best 4th Of July Patio Furniture Sales You Can Already Shop Nowhttps://t.co/apiECwyUle https://t.co/EmVC4PAldP ...
Are Investors Undervaluing Haverty Furniture Companies (HVT) Right Now?
ZACKS· 2025-07-01 14:41
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metr ...
Can RH Maintain Its 20-21% EBITDA Margin Outlook for Fiscal 2025?
ZACKS· 2025-06-30 13:46
Core Insights - RH is implementing diverse in-house strategies to ensure margin expansion amid high mortgage rates, tariff-related risks, and inflationary pressures [1] - The company is focusing on global expansion, a customer-friendly membership approach, and supply-chain optimization to increase revenue visibility [1] Group 1: Financial Performance - In Q1 2025, RH's adjusted EBITDA margin expanded by 80 basis points year-over-year to 13.1% [1][8] - The company expects its adjusted EBITDA margin for FY25 to be between 20% and 21%, up from 16.9% reported last year [4][8] - Earnings estimates for fiscal 2025 have trended upward to $10.87 per share, indicating robust 101.7% year-over-year growth [11] Group 2: Market Expansion - Demand in Europe has grown by 60% across RH Munich and RH Dusseldorf, with continued growth in RH Brussels and RH Madrid [2] - RH plans to open new locations in Paris in September 2025, and two more in London and Milan in 2026 [2] Group 3: Supply Chain Strategy - RH is shifting its sourcing out of China, expecting receipts to reduce from 16% in Q1 2025 to 2% by Q4 2025 [3][8] - By the end of 2025, RH projects that 52% of its upholstered furniture will be produced in the U.S. and 21% in Italy [3] Group 4: Competitive Positioning - RH shares have gained 13.9% in the past month, outperforming the Hoya Capital Housing ETF (HOMZ) [5] - In comparison, shares of competitors Williams-Sonoma and Arhaus have increased by 3.8% and 2.2%, respectively [6] Group 5: Valuation Metrics - RH stock is currently trading at a forward 12-month P/E ratio of 15.3X, which is lower than Williams-Sonoma's 18.83X and Arhaus's 19.66X [9] - The discounted valuation of RH stock compared to other market players presents a promising opportunity for investors [9]
Kewaunee Scientific: Huge Improvement In Operational Outlook (Upgrade To Buy)
Seeking Alpha· 2025-06-28 08:50
Company Overview - Kewaunee Scientific (NASDAQ: KEQU) specializes in designing laboratory furniture and equipment [1] Market Sentiment - The stock has faced pessimism due to the arrival of the Department of Government Efficiency and proposals to cut the budget for the National Institutes of Health [1]
Wayfair (W) Earnings Call Presentation
2025-06-27 05:29
Business Overview - Wayfair's 2024 revenue was approximately $12 billion [15], with a total addressable market (TAM) exceeding $500 billion in North America and the UK [15] - The company has over 21 million active customers and partners with over 20,000 suppliers [20] - Wayfair drove approximately 3 billion visits across its site and app in 2024 [24] Competitive Advantages - Faster delivery via CastleGate results in an 88% badging share compared to 47% for dropship [44] - CastleGate also leads to lower return rates of 3.8% compared to 4.8% for dropship, and lower incident rates of 3.4% compared to 3.8% [44] - Achieving a '1-day' badge can lead to a greater than 60% conversion lift [49] Growth Initiatives - Luxury saw over 50 million visits in 2024 and a greater than 40% 5-year order CAGR [106] - Wayfair's international efforts in Canada, the UK, and Ireland represent approximately $50-100 billion of addressable market opportunity [116] - Wayfair 1 stores feature over 12,000 products and have attracted over 50% new customers to Wayfair in 2024 [126] Financial Performance - In FY'23, Wayfair achieved an Adjusted EBITDA margin of 2.5% [146] - Q2'24 Adjusted EBITDA margin reached 5.2% [146] - The company has over $1.3 billion of cash on the balance sheet as of Q4 2024 [145]
2025 Combined General Meeting Minutes
Globenewswire· 2025-06-26 16:51
Group 1 - The Combined General Meeting of Maisons du Monde shareholders took place on June 26, 2025, with a quorum of 76.08% [1] - All resolutions submitted for vote were adopted by a very large majority, resulting in a Board of Directors with 58% independent members [2] - John Browett was appointed as Chairman of the Board, bringing over 25 years of experience in the retail sector, particularly in furniture and home décor [3] Group 2 - François-Melchior de Polignac expressed confidence in John Browett's leadership to drive the transformation of the Group, acknowledging the contributions of Françoise Gri [4] - John Browett emphasized his commitment to leveraging his expertise to accelerate the company's transformation [4] - The financial calendar includes the Half-Year 2025 Results on July 25, 2025, and Q3 2025 Sales on October 23, 2025 [5] Group 3 - The meeting approved the annual and consolidated financial statements for fiscal year 2024 and the proposed appropriation of profit [7] - The Board of Directors saw changes with the renewal of Cécile Cloarec's mandate and the appointment of Casa Holdings and Teleios Global Opportunities Master Fund as directors [7]