Hooker Furniture posted net sales of $222.5 million and a net income of $5.1 million, for the fiscal year ending Jan. 29, 2012. Impacting the fourth quarter was a switch in vendors, from China to Vietnam and Indonesia.
MONROE, MI -- La-Z-Boy Inc. (NYSE: LZB), a manufacturer and retailer of motion furniture and contract furnishings, reported that its first quarter 2012 fiscal year sales increased 6.4% to $220.1 million compared to the same period last year.
High Point-based Paul Brayton Designs said it will relocate its upholstered furniture manufacturing plant to the former Bobby Labonte building in Archdale, NC. Plans call for the contract and hospitality furniture manufacturer to add 100 jobs over the next two years.