The Zacks Retail-Home Furnishings industry comprises retailers offering home furnishing products under various categories. The merchandise assortment includes furniture, garden accessories, framed art, lighting, mirrors, candles, tableware, lamps, picture frames, bath ware, accent rugs, artificial floral products, and child and teen furnishing. The industry players also develop, manufacture, market and distribute bedding products.
Notable companies in the industry include RH (RH), Williams-Sonoma, Inc. (WSM) and Ethan Allen Interiors Inc. (ETH).
Let’s take a look at the industry’s three major themes:
- The industry has been benefiting from stimulus checks and the reopening of the economy. This is evident from the latest U.S. retail sales data for June that showcased a sharp rebound from the steep fall witnessed in April and March, when strict lockdown measures were imposed to contain the spread of coronavirus. Again, this industry, which is highly dependent on economic and U.S. housing market conditions, is expected to gain