U.S. housing starts fall 2.6% to 1.309 million annual rate
U.S. housing starts declined 2.6% in August to an annual rate of 1.309 million, according to a Commerce Department report released Thursday.
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U.S. housing starts fall further in August
U.S. housing starts fell to an annual rate of 1.309 million in August, according to a Commerce Department report released Thursday.
RH reports Q2 revenue beats guidance
RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.
Culp reports Q1 2027 results
Culp said first-quarter bedding sales rose 13% despite one fewer selling week and difficult industry conditions. The company also said gross profit improved nearly 17% and it recognized about $7 million in tariff recoveries.