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Shenzhen Fuanna Bedding and Furnishing sees FY 2017 net profit down 10 pct to up 10 pct

Friday, 27 Oct 2017 02:15am EDT

Oct 27(Reuters) - Shenzhen Fuanna Bedding and Furnishing Co Ltd <002327.SZ> : :Sees FY 2017 net profit to decrease by 10 percent to increase by 10 percent, or to be 395.1 million yuan to 482.9 million yuan.Says FY 2016 net profit was 439.0 million yuan.The reasons for the forecast are rapidly improved electronic Commerce business and increased investment of home furnishing business unit .

Ethan Allen reports Q1 earnings per share $0.27

Wednesday, 25 Oct 2017 04:03pm EDT

Oct 25 (Reuters) - Ethan Allen Interiors Inc ::Ethan Allen reports fiscal 2018 first quarter results.Q1 adjusted earnings per share $0.28.Q1 earnings per share $0.27.Q1 sales $181.3 million versus I/B/E/S view $181.3 million.Q1 earnings per share view $0.28 -- Thomson Reuters I/B/E/S.Ethan Allen Interiors Inc - ‍total written orders for retail division for Q1 of fiscal 2018 were up 1.7pct compared to same prior year period​.Ethan Allen Interiors Inc - at qrtr end ‍inventories of $157.5 million decreased by $1.8 million from September 30, 2016​.

Luolai Lifestyle Technology sees FY 2017 net profit to up 15 pct to 35 pct

Wednesday, 25 Oct 2017 02:15am EDT

Oct 25(Reuters) - Luolai Lifestyle Technology Co Ltd <002293.SZ> ::Says net profit for FY 2017 to up 15 percent to 35 percent, or to be 364.9 million yuan to 428.4 million yuan.Says FY 2016 net profit was 317.3 million yuan .Says optimization of business structures and channels as main reason for the forecast .

Dixie Group announces reorganization of the commercial business

Tuesday, 17 Oct 2017 05:00am EDT

Oct 17 (Reuters) - Dixie Group Inc :Announces reorganization of the commercial business under David Hobbs.‍Has decided to combine commercial businesses, Masland contract and Atlas, into one business unit effective October 16, 2017​.‍David Hobbs, currently president of Masland contract, will become president of Dixie commercial business​.

Takano to take over semiconductor related appearance inspection apparatus business

Friday, 29 Sep 2017 02:22am EDT

Sept 29(Reuters) - Takano Co Ltd <7885.T>:Says it signed a contract to take over semiconductor concerned area related appearance inspection apparatus business from TOPCON CORPORATION <<<7732.T>>> and TOPCON TECHNOHOUSE CORPORATION.Price undisclosed .Transaction date on Nov. 1.

Hooker Furniture Q2 earnings per share $0.67

Thursday, 7 Sep 2017 08:20am EDT

Sept 7 (Reuters) - Hooker Furniture Corp :Hooker Furniture reports double-digit sales and profit gains for second quarter.Q2 earnings per share $0.67.Q2 sales $156.3 million.Hooker Furniture Corp - ‍ at quarter end consolidated inventories stood at $82.0 million​.Hooker Furniture- "have some concern about reports of slower retail business, experienced across most channels recently, as well as lower housing starts"​.

Hooker Furniture to acquire Shenandoah Furniture

Thursday, 7 Sep 2017 08:15am EDT

Sept 7 (Reuters) - Hooker Furniture Corp :Hooker Furniture to acquire domestic upholstery maker Shenandoah.Hooker Furniture Corp - deal for ‍$40 million​.Hooker Furniture Corp - ‍expect acquisition to be accretive to earnings in first full fiscal year, which will start January 29, 2018​.Hooker Furniture Corp - ‍short-term, we expect a nominal reduction per share to earnings for balance of fiscal year 2018​.Hooker Furniture Corp says ‍acquisition expect a nominal reduction per share to earnings for balance of fiscal year 2018​.Hooker Furniture Corp - ‍ purchase price consists of $32 million in cash and $8 million in newly issued hoft common shares​.Hooker Furniture-‍Shenandoah expected to operate as autonomous, stand-alone business, led by Candace Payne, Shenandoah's current President, Phil Payne​.Hooker Furniture Corp - ‍transaction does not require approval by Hooker's shareholders​.

Leggett & Platt reduces full-year EPS guidance

Wednesday, 6 Sep 2017 04:08pm EDT

Sept 6 (Reuters) - Leggett & Platt Inc :Leggett & Platt reduces full-year EPS guidance and reports divestiture of remaining CVP operation.Sees FY sales $3.9 billion to $4.0 billion.Sees FY 2017 earnings per share $2.44 to $2.54.Sees FY 2017 adjusted earnings per share $2.40 to $2.50.Leggett & Platt Inc - ‍cash from operations is expected to approximate $425 million for year​.Leggett & Platt Inc - ‍reduction in FY EPS guidance primarily reflects renewed inflation of steel costs, a related increase in estimated LIFO expense​.FY2017 earnings per share view $2.60, revenue view $3.95 billion -- Thomson Reuters I/B/E/S.Leggett & Platt Inc - ‍reduction in FY EPS guidance also reflects demand weakness in furniture and bedding retail markets​.

Yotrio Group to dissolve two units

Friday, 18 Aug 2017 01:06am EDT

Aug 18(Reuters) - Yotrio Group Co Ltd <002489.SZ>:Says it plans to dissolve a Zhejiang-based smart home unit and a Shanghai-based outdoor gear firm .

Ethan Allen Q4 earnings per share $0.42

Wednesday, 26 Jul 2017 04:03pm EDT

July 26 (Reuters) - Ethan Allen Interiors Inc ::Reg-Ethan Allen reports fourth quarter and fiscal year ended june 30, 2017 results.Q4 earnings per share $0.42.Q4 sales $194.9 million versus I/B/E/S view $194.9 million.Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Q4 adjusted earnings per share $0.42.Ethan Allen Interiors Inc - total written orders for retail division for q4 of fiscal 2017 were up 1.9 pct compared to same prior year period.

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