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Ethan Allen Sees Q1 Consolidated Net Sales Of $174 Mln

Friday, 18 Oct 2019

Oct 17 (Reuters) - Ethan Allen Interiors Inc ::ETHAN ALLEN COMMENTS ON BUSINESS AND ANNOUNCES EARNINGS RELEASE DATE FOR FISCAL 2020 FIRST QUARTER RESULTS.SEES Q1 CONSOLIDATED NET SALES OF $174 MILLION.SEES QUARTERLY GAAP EARNINGS PER SHARE $0.51 TO $0.53.SEES Q1 GAAP DILUTED EPS IN RANGE OF $0.51 TO $0.53.SEES Q1 ADJUSTED DILUTED EPS IN RANGE OF $0.33 TO $0.35.IN QUARTER, WHOLESALE ORDERS FROM CHINA DECLINED 38% MAINLY DUE TO IMPOSITION OF TARIFFS BY CHINA.IN QUARTER, TOTAL WHOLESALE ORDERS EXCLUDING CHINA BUSINESS INCREASED 1%.Q1 EARNINGS PER SHARE VIEW $0.33, REVENUE VIEW $178.4 MILLION -- REFINITIV IBES DATA.

Sleep Number Reports Q3 EPS Of $0.94

Wednesday, 16 Oct 2019

Oct 15 (Reuters) - Sleep Number Corp ::SLEEP NUMBER ANNOUNCES RECORD THIRD QUARTER 2019 RESULTS AND RAISES EARNINGS OUTLOOK.Q3 EARNINGS PER SHARE $0.94.Q3 EARNINGS PER SHARE ESTIMATE $0.79 -- REFINITIV IBES DATA.SEES FY 2019 EARNINGS PER SHARE $2.45 TO $2.75.Q3 SALES $475 MILLION VERSUS REFINITIV IBES ESTIMATE OF $462.1 MILLION.2019 OUTLOOK INCLUDES UP TO 10% NET SALES GROWTH FOR FULL-YEAR.FY2019 EARNINGS PER SHARE VIEW $2.60, REVENUE VIEW $1.67 BILLION -- REFINITIV IBES DATA.

John Lewis Of Hunger Sees FY LOSS IN RANGE OF £220,000 TO £240,000

Thursday, 10 Oct 2019

Oct 10 (Reuters) - John Lewis of Hungerford PLC ::JOHN LEWIS OF HUNGER - TRADING UPDATE.JOHN LEWIS OF HUNGERFORD PLC - EXPECTS TO REPORT A LOSS IN RANGE OF £220,000 TO £240,000 FOR YEAR ENDED 30 JUNE 2019.JOHN LEWIS OF HUNGERFORD PLC - CONFIRMS THAT TRADING IN SECOND HALF OF YEAR WAS BETTER THAN ANTICIPATED.

Gale Pacific Says Nick Pritchard Resigns As Group Managing Director

Thursday, 10 Oct 2019

Oct 10 (Reuters) - Gale Pacific Ltd ::NICK PRITCHARD RESIGNED AS GROUP MANAGING DIRECTOR.APPOINTS JOHN PAUL MARCANTONIO AS CHIEF EXECUTIVE OFFICER.

KLW Holdings Updates On Legal Proceedings

Wednesday, 9 Oct 2019

Oct 9 (Reuters) - KLW Holdings Ltd ::UPDATES ON LEGAL PROCEEDINGS IN RELATION TO COUNTERCLAIMS BY STRAITSWORLD ADVISORY LIMITED AND CHAN EWE TEIK MICHAEL AGAINST CO.CHAN EWE TEIK MICHAEL HAS FAILED TO PAY CO SUM OF S$1.4 MILLION ON 7 OCT 2019 PURSUANT TO ORDER OF COURT DATED 17 MAY 2019.CHAN'S APPEAL AGAINST BANKRUPTCY ORDER MADE AGAINST HIM WAS DISMISSED WITH COSTS FIXED AT S$20,000 TO BE PAID TO COMPANY.

Bassett Furniture Industries Says Q3 Earnings Per Share $0.21

Thursday, 3 Oct 2019

Oct 3 (Reuters) - Bassett Furniture Industries Inc ::BASSETT ANNOUNCES FISCAL THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.21.QTRLY TOTAL SALES REVENUE $109.4 MILLION VERSUS ABOUT $113 MILLION.BASSETT - REALIGNED RETAIL FIELD ORGANIZATION AND WILL BEGIN TO SEE RESULTS OF THESE MOVES TOWARD END OF Q4 AND INTO 2020 FISCAL YEAR.PLANS TO MARKET ITS GULFPORT, MS STORE FOR SALE & EXPECTS TO RECEIVE PROCEEDS IN EXCESS OF ITS BOOK VALUE.BASSETT - INCREASE AS A PERCENTAGE OF SALES WERE PARTIALLY OFFSET BY VARIOUS FIXED COST DECREASES DUE TO CHANGES IN CO'S COST STRUCTURE.BASSETT SAYS CO HAS STRUGGLED TO POST CONSISTENT SALES INCREASES IN WOOD PRODUCTS OVER PAST COUPLE OF YEARS.

Dorel Industries Suspends Dividend

Tuesday, 1 Oct 2019

Oct 1 (Reuters) - Dorel Industries Inc ::DOREL INDUSTRIES INC. SUSPENDS DIVIDEND.DOREL INDUSTRIES INC - INCREASED U.S. TARIFFS A MAJOR FACTOR IN SUSPENDING DIVIDEND.DOREL INDUSTRIES INC - DOREL FURTHER ANNOUNCED THAT IT HAS AMENDED ITS SENIOR SECURED REVOLVING CREDIT FACILITIES AND TERM LOAN.DOREL INDUSTRIES INC - HAS AMENDED ITS SENIOR SECURED REVOLVING CREDIT FACILITIES AND TERM LOAN.DOREL INDUSTRIES INC - DIVIDEND DECLARED ON AUGUST 2, 2019 IS NOT AFFECTED AND WILL BE PAID ON OCTOBER 2, 2019.DOREL INDUSTRIES INC - AMENDMENT IS INTENDED TO FACILITATE COMPLIANCE BY DOREL WITH ITS FINANCIAL COVENANTS UNDER CREDIT FACILITIES.DOREL INDUSTRIES INC - TARIFFS HAVE ALSO IMPACTED DOREL SPORTS' MASS MERCHANT BUSINESS.DOREL INDUSTRIES INC - SALES IN INDEPENDENT BICYCLE DEALER AND SPORTING GOODS CHANNELS HAVE REMAINED STRONG AND OUTLOOK REMAINS POSITIVE.DOREL INDUSTRIES - IMPACT OF INCREASED U.S. IMPOSED TARIFFS AS WELL AS REVIEW OF PRELIMINARY Q3 RESULTS HAVE PROMPTED CO'S BOARD TO SUSPEND DIVIDEND.DOREL INDUSTRIES - ANOTHER FACTOR AFFECTING Q3 IS THAT SOME OF DOREL'S LARGE U.S. CUSTOMERS HAVE DELAYED CHRISTMAS 2019 DELIVERIES TO BEGINNING OF Q4.DOREL INDUSTRIES INC - DOREL HOME'S EXPECTED GROSS MARGIN IMPROVEMENT FROM FIRST HALF LEVELS WILL BE DELAYED TO BEGINNING OF 2020.

Leggett & Platt Says CFO Matthew Flanigan To Retire

Tuesday, 1 Oct 2019

Sept 30 (Reuters) - Leggett & Platt Inc ::LEGGETT & PLATT INC SAYS ON SEPT 25, MATTHEW FLANIGAN NOTIFIED COMPANY THAT HE WILL RETIRE FROM COMPANY AS CFO ON DECEMBER 31 - SEC FILING.

Natuzzi Announces Consolidated Results For The Second Quarter And First Six Months Of 2019

Saturday, 28 Sep 2019

Sept 27 (Reuters) - Natuzzi SpA ::NATUZZI ANNOUNCES CONSOLIDATED RESULTS FOR THE SECOND QUARTER AND FIRST SIX MONTHS OF 2019.NATUZZI SPA - CONSOLIDATED NET SALES FOR Q2 OF 2019 WERE EUR 92.2 MILLION, DOWN 12.5% FROM EUR 105.3 MILLION IN SAME PERIOD OF 2018.NATUZZI SPA - COMPANY EXPECTS 3Q2019 SALES ALMOST IN LINE WITH SAME QUARTER OF PREVIOUS YEAR.NATUZZI SPA QTRLY LOSS PER SHARE EUR 0.19.NATUZZI SPA - DURING QUARTER, COMPANY ACCOUNTED FOR EUR 1.4 MILLION FOR LAY-OFF COSTS AT ITALIAN OPERATIONS.NATUZZI - DEPENDING ON BUSINESS IN NORTH AMERICA FOR UNBRANDED BUSINESS, PARTICULARLY SUFFERING FROM TARIFFS IMPOSITION, CO IS CONSIDERING OUTSOURCING IN VIETNAM.NATUZZI SPA - FOR UNBRANDED BUSINESS, ALSO VERIFYING POSSIBILITY TO HAVE AN OUTSOURCED ACTIVITY IN CENTRAL AMERICA.NATUZZI SPA - COMPANY CONFIRMS ITS INTENTION TO SALE NON-STRATEGIC ASSETS.NATUZZI SPA - STARTED DISCUSSIONS WITH MANUFACTURERS LOCATED IN EASTERN EUROPE, TO SERVE CO'S WHOLESALES CUSTOMERS IN EMEAI.NATUZZI SPA - WILL CONTINUE TO SHIFT MANUFACTURING OF LOWER MARGIN PRODUCT TO CO'S ROMANIAN FACILITY.NATUZZI SPA - CO HAS TAKEN ACTIONS IN ORDER TO SELL SOME NON-STRATEGIC ASSETS, INCLUDING SOME INDUSTRIAL ASSETS, SOME REAL ESTATE PROPERTIES IN USA, ITALY.

Sato Office And Houseware Supplies SA H1 Net Loss Of EUR 5.7 Million

Friday, 27 Sep 2019

Sept 27 (Reuters) - Sato Office and Houseware Supplies SA ::H1 TURNOVER EUR 6.4 MILLION VERSUS EUR 5.1 MILLION YEAR AGO.H1 NET LOSS OF EUR 5.7 MILLION VERSUS PROFIT OF EUR 0.3 MILLION YEAR AGO.

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