39 SUPPLY CHAINS TO ADMIRE | 2025
39
Furniture Somnigroup International (Tempur Sealy) is the third consecutive year's Supply Chains to Admire award winner. Leggett & Platt and Sleep Number, prior winners, fall out of the Winner’s Circle due to failure to drive improvement at the rate of the industry. Chasing the lower labor cost, furniture manufacturers outsourced manufacturing and secured global sourcing relationships. As labor prices shifted, margins flattened, and inventory turnover declined.
Table 24. Furniture Sector Evaluation for the Period of 2015-2024
INDUSTRY: Furniture
COMPANY INFORMATION
IMPROVEMENT
PERFORMANCE
VALUE
MARKET CAPITALIZIATION PER EMPLOYEE
PRICE TO BOOK
RETURN ON CAPITAL EMPLOYED
GROWTH (Year Over Year Revenue)
SUPPLY CHAIN FUNDAMENTAL SCORE
INVENTORY TURNS
OPERATING MARGIN
SUPPLY CHAIN INDEX
2024 REVENUE
NAME
2015 - 2024
Bassett Furniture Industry
$ 330
4
11
1.1%
2.97
3.3%
5.5%
1.21 103,265
Ethan Allen Interiors Inc
$ 646
3
5
-0.7%
2.09
10.0%
15.5%
1.74 151,511
Flexsteel Industries
$ 413
4
4
0.6%
3.55
3.3%
6.2%
1.27 183,987
HNI Corp
$ 2,526
6
2
1.5%
9.04
6.2%
12.6%
2.99 205,879
Hooker Furniture
$ 433
2
14
13.0%
5.37
5.4%
9.7%
1.41 295,110
Howden Joinery Group
$ 2,968
5
1
5.9%
2.50
16.4%
33.7%
4.18 323,582
MillerKnoll Inc
$ 2,047
5
6
4.8%
5.10
8.1%
15.8%
2.07 139,932
La-Z-Boy
$ 4,384
4
13
1.9%
5.13
9.9%
12.0%
3.99 240,986
Leggett & Platt
$ 3,628
4
12
8.1%
7.84
7.2%
13.1%
2.48 227,412
NACCO Industry
$ 238
2
6
-1.5%
2.57
-22.7% 6.3%
0.76 115,246
Natuzzi
$ 356
4
9
-4.2%
2.56
-2.1%
-0.4%
0.83 18,403
Sleep Number
$ 1,682
3
10
4.2%
7.15
5.8%
118.2% 2.50 266,145
Steelcase
$ 3,160
5
2
1.4%
10.38
4.5%
10.7%
1.95 128,900
Somnigroup International Inc
$ 4,931
5
8
5.8%
7.10
12.2%
18.3%
20.56 590,918
MEAN WITH OUTLIERS
$ 1,982
4
3.0%
5.24
4.8%
19.8%
3.42 213,663
MEAN WITHOUT OUTLIERS
3.0%
5.24
6.2%
9.2%
2.11 213,663
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