Fortune Brands Home & Security, parent of Masterbrand Cabinets and Norcraft, authorized a repurchase of up to $400 million in shares.

La-Z-Boy Incorporated (NYSE: LZB) reports 2016 third-quarter sales increased 7.3 percent to $384 million, with retail operations, casegoods and upholstered furniture rising. La-Z-Boy started importing casegoods after closing its Hudson, North Carolina plant.

Patrick Industries, Inc., a major manufacturer and distributor of building and component products for the recreational vehicle, manufactured housing, and home building markets, reported net sales for the fourth quarter of 2015 increased $59 million, or 31 percent, to $248.7 million. For the year, Patrick Industries approached $1 billion in sales.

American Woodmark Corporation (NASDAQ: AMWD) will announce its third quarter results on February 25, 2016.

American Woodmark cabinets said in an SEC filing that "big box home improvement retailers have lost market share to other channels, primarily independent dealers due to the more affluent nature of their customer base." The cabinetry manufacturer's net income more than doubled, while its Waypoint brand grew 40 percent.

Door manufacturer Masonite International (NYSE: DOOR) sales were flat at $475.7 million for the third quarter of 2015, a result of an unfavorable exchange rate. Excluding the $26 million negative impact of foreign exchange, net sales would have increased by 5.4% to $501.7 million. Masonite reported a loss of $16.3 million after selling a French subsidiary.

J. Marcus Scrudder, president and owner of Heartland Cabinetry and Furniture Inc., Dallas, was named to the board of DGSE Companies, a jewelry and precious metals wholesaler.

Stanley Furniture turned a small a profit third quarter as, largely a result of $4.9 million in CDSOA income, the antidumping duties collected from China and other foreign furniture producers deemed to have sold furniture below market prices. Disruptions in production slowed delivery of new adult residential furniture lines.

Wood products firm Goodfellow Inc. (TSX:GDL) reported a net income of $6.6 million, up about 20 percent from a year ago. The Delson, Quebec, firm is one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring.

Bassett Furniture Industries, Inc. (Nasdaq:BSET) said its earnings more than doubled, with U.S.-produced custom dining and custom upholstery programs. In addition to its legacy custom casual dining program, Bassett said its recently introduced Bench-Made premium dining furniture performed very well first quarter.