Considering investing in furniture stocks? While the best furniture stocks depend on your portfolio and investment goals, we've identified some furniture stocks that are worth keeping an eye on in the home and office furnishing sector. Keep reading to learn more about furniture stocks and how to start investing.
10 popular furniture stocks to watch
We round up a selection of stocks in or related to the home and office furnishing industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Wayfair (W.US) | (data unavailable) | $14.4 billion (USD) | NYSE | (data unavailable) | Buy now |
| Bassett Furniture Industries (BSET.US) | 6.84% | $135.7 million (USD) | NASDAQ | 11,696 | Buy now |
| Kimball International (KBAL.US) | (data unavailable) | $447.9 million (USD) | NASDAQ | (data unavailable) | Buy now |
| La-Z-Boy Incorporated (LZB.US) | (data unavailable) | $1.6 billion (USD) | NYSE | (data unavailable) | Buy now |
| Leggett-and-Platt Incorporated (LEG.US) | -3.47% | $1.4 billion (USD) | NYSE | 2,418,898 | Buy now |
| American Woodmark Corporation (AMWD.US) | -37.20% | $807 million (USD) | NASDAQ | 265,633 | Buy now |
| N/A (ETH.US) | (data unavailable) | (data unavailable) | N/A | (data unavailable) | Buy now |
| Herman Miller (MLHR.US) | (data unavailable) | $2.9 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| HNI (HNI.US) | (data unavailable) | $1.9 billion (USD) | NYSE | (data unavailable) | Buy now |
| Sleep Number (SNBR.US) | (data unavailable) | $116.2 million (USD) | NASDAQ | (data unavailable) | Buy now |
What to look for when investing in furniture stock
The home and office furnishing industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering furniture stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in furniture stock
- Research the home and office furnishing industry. Before investing, learn about the furniture stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the furniture stock(s) to buy. Search by company name or ticker symbol, like W or BSET. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy furniture stocks
Are furniture stocks a good investment?
While it's possible to turn a profit investing in furniture stocks, keep in mind that—like any investment—furniture stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the home and office furnishing industry, so carefully vet your picks before you invest.What are the best furniture stocks?
A lot of factors go into picking the best furniture stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong furniture stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular furniture stocks in or related to the home and office furnishing industry to help narrow down your options:
- Wayfair (W)
- Bassett Furniture Industries (BSET)
- Kimball International (KBAL)
- La-Z-Boy Incorporated (LZB)
- Leggett-and-Platt Incorporated (LEG)
- American Woodmark Corporation (AMWD)
- N/A (N/A)
- Herman Miller (MLHR)
- HNI (HNI)
- Sleep Number (SNBR)
Keep in mind that this is not a "best" list or a recommendation. It highlights some furniture stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each furniture stock below. Keep reading to decide if any of these companies are the right investment for you.
Wayfair (W)
Wayfair Inc. engages in the e-commerce business in the United States and internationally. It offers online selections of furniture, décor, housewares, and home improvement products through its sites comprising Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional.
| Market Capitalization | $14.4 billion |
|---|---|
| Gross profit (TTM) | $3.7 billion |
| Profit margin | -2.66% |
| Revenue (TTM) | $12.2 billion |
| Earnings per share (TTM) | -$2.57 |
| 52-week stock price range | $20.41 – $114.92 |
Bassett Furniture Industries (BSET)
Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States. It operates through two segments: Wholesale and Retail "Company-Owned Stores. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers.
| Closing stock price | $15.62 |
|---|---|
| Market Capitalization | $135.7 million |
| Gross profit (TTM) | $186.4 million |
| Profit margin | 2.35% |
| Revenue (TTM) | $331 million |
| Earnings per share (TTM) | $0.90 |
| 52-week stock price range | $12.91 – $19.25 |
Kimball International (KBAL)
Kimball International, Inc. engages in the manufacture and sale of furniture products under the Kimball, National, Etc. , Interwoven, Kimball Hospitality, D'style, and Poppin brands in the United States and internationally.
| Market Capitalization | $447.9 million |
|---|---|
| Gross profit (TTM) | $210 million |
| Profit margin | -2.77% |
| Revenue (TTM) | $703.9 million |
| Earnings per share (TTM) | -$0.53 |
La-Z-Boy Incorporated (LZB)
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States, Canada, and internationally. It operates through Wholesale and Retail segments. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces.
| Market Capitalization | $1.6 billion |
|---|---|
| Gross profit (TTM) | $922.8 million |
| Profit margin | 4.29% |
| Revenue (TTM) | $2.1 billion |
| Earnings per share (TTM) | $2.16 |
| 52-week stock price range | $29.03 – $47.51 |
Leggett-and-Platt Incorporated (LEG)
Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. The company offers steel rod, drawn wire, innersprings, specialty foam chemicals and additives, for use in bedding and furniture, semi-finished mattresses, private label finished mattresses, pillows and toppers, static foundations, adjustable beds, machines to produce innersprings, industrial sewing and quilting machines, and mattress-packaging and glue-drying equipment to industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, e-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating, seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs.
| Closing stock price | $11.40 |
|---|---|
| Market Capitalization | $1.4 billion |
| Gross profit (TTM) | $749.7 million |
| Profit margin | 5.38% |
| Revenue (TTM) | $4.2 billion |
| Earnings per share (TTM) | $1.61 |
| 52-week stock price range | $6.41 – $12.46 |
American Woodmark Corporation (AMWD)
American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers kitchen cabinetry, bath cabinetry, office cabinetry, home organization, and hardware products. It also provides turnkey installation services to its direct builder customers through a network of service centers.
| Closing stock price | $55.39 |
|---|---|
| Market Capitalization | $807 million |
| Gross profit (TTM) | $255.4 million |
| Profit margin | 3.94% |
| Revenue (TTM) | $1.6 billion |
| Earnings per share (TTM) | $4.24 |
| 52-week stock price range | $47.15 – $92.44 |
N/A (N/A)
N/A. . .
Herman Miller (MLHR)
MillerKnoll, Inc. manufactures and distributes interior furnishings worldwide. It operates through North America Contract, International Contract, and Retail segments.
| Market Capitalization | $2.9 billion |
|---|---|
| Gross profit (TTM) | $949.2 million |
| Profit margin | 1.47% |
| Revenue (TTM) | $2.6 billion |
| Earnings per share (TTM) | $0.63 |
HNI (HNI)
HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. It operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, storage, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc.
| Market Capitalization | $1.9 billion |
|---|---|
| Gross profit (TTM) | $1.1 billion |
| Profit margin | 5.47% |
| Revenue (TTM) | $2.6 billion |
| Earnings per share (TTM) | $2.98 |
| 52-week stock price range | $38.04 – $55.52 |
Sleep Number (SNBR)
Sleep Number Corporation, together with its subsidiaries, designs, manufactures, markets, distributes, retails, and services sleep solutions in the United States. It offers smart beds and adjustable bases, pillows, sheets, and other bedding products. The company sells its products direct-to-consumer retail touch points, including stores, online, phone, and chat.
| Market Capitalization | $116.2 million |
|---|---|
| Gross profit (TTM) | $865.2 million |
| Profit margin | -5.42% |
| Revenue (TTM) | $1.4 billion |
| Earnings per share (TTM) | -$3.42 |
| 52-week stock price range | $3.49 – $20.73 |
Compare trading platforms to buy furniture stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding furniture stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of furniture stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the home and office furnishing industry to know when to buy, sell or hold.Frequently asked questions about furniture stocks
Sources
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