Oct 12 (Reuters) - Tai Ping Carpets International Ltd <0146.HK>:Mark Stuart Worgan COO of company appointed as chief executive officer.James H. Kaplan will be retiring as CEO with effect from 1 Jan 2018.
Oct 12 (Reuters) - Ethan Allen Interiors Inc :Ethan Allen Interiors Inc - company's preliminary results reflect that total written orders for retail segment increased 1.7 percent for quarter.Ethan Allen Interiors Inc - expects to report consolidated net sales of $181.3 million for Q1.Q1 revenue view $198.4 million -- Thomson Reuters I/B/E/S.Ethan Allen Interiors Inc - company expects to report an adjusted EPS in range of $0.27 to $0.28 for Q1.Ethan Allen Interiors Inc - expects to report wholesale net sales of $111.6 million, and retail net sales of $141.6 million for Q1.Q1 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.Ethan Allen Interiors - estimates that for quarter, total written orders for retail segment would have increased 2.5 percent without disruption from recent hurricanes.Ethan Allen - expects gross margin of 55.3 percent for Q1, an adjusted operating margin of approximately 6.8 percent for quarter.Ethan Allen Interiors - estimates hurricanes and first run production of new products disrupted consol net sales by about 7 percent to 8 percent for Q1.Ethan Allen Interiors Inc - estimates that hurricanes and first run production of new products reduced adjusted EPS by $0.14 to $0.15 for Q1.Ethan Allen Interiors Inc - Hurricane Harvey also disrupted co's wholesale logistics.
Oct 12(Reuters) - Jiangsu Tongrun Equipment Technology Co Ltd <002150.SZ> ::Says its unit will invest 35 million yuan to set up a Jiangsu-based toolbox cabinet company with partners.Says it will hold 70 percent stake in the target company.
Oct 10 (Reuters) - UK'S COMPETITION AND MARKETS AUTHORITY (CMA)::CONSIDERING WHETHER COMPLETED ACQUISITION BY HUNTER DOUGLAS N.V. OF BELLOTTO HOLDINGS HAS RESULTED IN A RELEVANT MERGER SITUATION.
Oct 10 (Reuters) - Ikea Ab [RIC:RIC:IKEA.UL]:Ikea group ceo says e-commerce +28 percent in fy2016/17 to around 5 percent of total sales.Ikea group ceo says fy2016/17 operating margin is roughly in line with previous year's.
Oct 6 (Reuters) - Goyo Intex Co Ltd <7519.T>:Says co plans to sell 100 percent stake (55,000 voting power) in Tokyo-based unit ReCI Inc, which is mainly engaged in system development and sales of housing industry, to unit's representative director on Oct. 6.Says transaction amount is 170 million yen .
Oct 6 (Reuters) - KID ASA :REVENUES FOR THE THIRD QUARTER OF 2017.Q3 REVENUES INCREASED BY +9.5% TO MNOK 343.8 (MNOK 314.1).Q3 ONLINE SALES INCREASED BY +35.9%.
Oct 5 (Reuters) - Richelieu Hardware Ltd ::RICHELIEU REPORTS A 15% INCREASE IN SALES AND A NEW ACQUISITION IN OHIO, U.S. IN THE THIRD QUARTER.Q3 EARNINGS PER SHARE C$0.31.Q3 SALES ROSE 15 PERCENT TO C$253.2 MILLION.
Oct 5 (Reuters) - DFS Furniture Plc :gross sales up 1.1% to £990.8 million (fy16: £980.4 million).revenue up 0.9% to £762.7 million (fy16: £756.0 million).ebitda down 12.7% to £82.4 million (fy16: £94.4 million).profit before tax down 22.3% to £50.1 million (fy16: £64.5 million).very challenging furniture market environment in second half leading to revenue and profit impacts for fy17.uk furniture market continues to be very challenging and outlook for sector remains uncertain.since early July our order intake has however been satisfactory.seeing a limited decline in year-on-year like-for-like order intake.expect to achieve modest, second-half weighted profit growth and good cash generation in current financial year.
Oct 2 (Reuters) - UK's Competition and Markets Authority (CMA)::UK'S CMA SAYS CONSIDERING WHETHER ANTICIPATED ACQUISITION BY DFS FURNITURE OF SOFOLOGY LTD, IF CARRIED INTO EFFECT, WILL RESULT IN CREATION OF A RELEVANT MERGER SITUATION.