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Q4 Rundown: Tempur Sealy (NYSE:TPX) Vs Other Home Furnishings Stocks somewhat bearish
TPX MHK LZB LOVE LEG
Summary: Home furnishing stocks reported a weak Q4 with revenues missing analyst estimates on average. Tempur Sealy (NYSE:TPX) reported a weak quarter with revenues down 1.4% year on year, falling short of expectations. Mohawk Industries (NYSE:MHK) outperformed by reporting revenues of $2.61 billion, down 1.4% year on year but beating analyst expectations by 1.8%. La-Z-Boy (NYSE:LZB) had the slowest revenue growth in the group, reporting revenues of $500.4 million, down 12.6% year on year, missing analyst expectations. Lovesac (NASDAQ:LOVE) reported revenues of $250.5 million, up 5% year on year, falling short of expectations. Leggett & Platt (NYSE:LEG) reported revenues of $1.12 billion, down 6.7% year on year, in line with analyst expectations.
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