Lyon Credit Services, Inc.

Industry News:

On January 25, 2012 it was reported that Ethan Allen said sales for the second fiscal quarter were 5.7% above the same quarter last year. Retail division sales rose 9.2% and comparable-store sales grew 6.5%. Total sales for the quarter ended Dec. 31 were $183.3 million, up from $173.3 million in the same quarter the previous year. Net income was $8.08 million, down from $14.7 million in the comparable period. For the six months ended Dec. 31, sales rose 8.9% to $368.2 million. Net income was $14.8 million. That was down from $18.6 million in the comparable period the previous fiscal year.
On January 25, 2012 it was reported that Tempur-Pedic reported record sales and earnings for the fourth quarter that were more than 20% ahead of last year's fourth quarter. Fourth-quarter sales totaled $366.8 million, up 25.3% from $292.7 million in last year's fourth quarter. Net income was $56.3 million. That was a 21.7% increase from last year's fourth quarter, when net income was $46.3 million. For the calendar year, sales were $1.42 billion, up from $1.105 billion in 2010. Full-year profits totaled $219.6 million. That compares with $157.1 million in 2010.