Zacks Industry Outlook Highlights Fortune Brands Innovations, Tempur Sealy and Ethan Allen Interiors
For Immediate Release
Chicago, IL May 30, 2023 Today, Zacks Equity Research discusses Fortune Brands Innovations, Inc. FBIN, Tempur Sealy International, Inc. TPX and Ethan Allen Interiors Inc. ETD.
Industry: Retail - Home Furnishings
A recovering housing market scenario backed by limited existing inventory, stabilizing mortgage rates and improving builders sentiments, is a boon for the Zacks Retail-Home Furnishings industry. However, continued investments in e-commerce, supply-chain bottlenecks and higher raw material costs in the home furnishing market are concerns.
Nonetheless, consumers increasing desire for shopping, efficient cost management, persistent focus on product innovation, efforts to redesign the supply-chain network and rationalize product offerings as well as investments in merchandising of brands and digital marketing should lend support to companies like Fortune Brands Innovations, Inc., Tempur Sealy International, Inc. and Ethan Allen Interiors Inc.