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November 18, 2021
In third-quarter earnings posted this week, Walmart, Target, Home Depot and Lowe’s all announced outstanding results, forecasting a rosy financial outlook for the home furnishings and remodeling category in spite of an economy plagued by supply chain, inflationary and workforce challenges.
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November 5, 2021
Wayfair reported disappointing third-quarter results, with sales and customer growth down significantly. While company leadership says it’s focused on long-term plans, Warren Shoulberg explains why adding a brick-and-mortar component may be a necessity for the brand.
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October 7, 2021
This morning the Ohio-based home furnishings retailer filed documents with the SEC outlining its plans for an IPO.
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March 29, 2021
In RH’s Q4 earnings call, company chairman and CEO Gary Friedman laid out all the reasons for the brand’s banner year—and why he expects its positive prospects to continue into 2021 and beyond.
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December 29, 2020
Wall Street can’t quite make up its mind about Herman Miller these days. Is it a work-from-home play like Zoom or DocuSign, or should we think of it more as a reopening trade like airline and hotel stocks? Is it a retailer or an office furniture maker? As Market Watch columnist Dennis Scully explains, the answer is all of the above.
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December 16, 2020
On RH’s latest earnings call, company chairman and CEO Gary Friedman asked traders to stop buying his stock, explained why being talked about is so valuable, and imagined a world where RH offers architecture, landscape architecture and interior design services.
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November 11, 2020
Pfizer’s big news on Monday regarding the early success of trials of its COVID-19 vaccine quickly made waves in the stock market, sending shares of airlines, hotels, movie theater chains and cruise ship operators soaring. It also disrupted the meteoric rise of several major home furnishings players—BOH’s Market Watch columnist Dennis Scully explains why.
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August 10, 2020
Despite the pandemic and all its restrictions, Wayfair fulfilled nearly 19 million orders in the second quarter, a 106 percent increase from the same quarter a year ago. The company also turned a profit for the first time since going public in 2014. Market Watch columnist Dennis Scully explores whether the company’s success is a flash in the pan or the starting point for long-term growth.
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July 29, 2020
Unlike many furniture brands, Knoll has not benefited from the work-from-home rally that sent some shares skyrocketing. What’s next for the office furniture behemoth (parent company of trade brands like Holly Hunt and Edelman Leather)? Dennis Scully dialed into the company’s latest earnings call to find out.
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May 12, 2020
In March, shares of Wayfair had fallen to a five-year low. Then the coronavirus decimated brick-and-mortar competition, and the online furniture retailer’s stock price has hit an all-time high. But can Wayfair turn a profit?
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