In this article, we will look at the 10 Best Furniture Stocks to Buy Right Now.
Overview of the Global Furniture Market
According to a report by Mordor Intelligence, the global furniture market has a market size of $670.97 billion as of 2025. It is expected to grow at a compound annual growth rate (CAGR) of 5.25% in the next five years, reaching around $866.59 billion by 2030. While the largest furniture market is North America, the Asia Pacific is the fastest growing.
The furniture industry has grown steadily recently, primarily due to urbanization, an increase in disposable incomes, population expansion, development in the commercial construction industry, and an evolution in lifestyle preferences across the globe. With urbanization on the rise, the furniture industry is expected to continue growing. This holds especially true in emerging markets, where the demand for commercial and residential furniture is expected to increase steadily. The growth of the housing industry is a prominent factor propelling this rise. Continued expansion in the real estate space and a growing preference for interior decoration and home renovation are prominent factors behind the growing demand for furniture items.
According to Grand View Research, the commercial segment in the furniture industry is anticipated to grow the fastest at a compound annual growth rate of 6.2% between 2023 and 2030. Increasing demand for hotels and offices is expected to support this growth. The residential segment, on the other hand, had the largest revenue share in the industry, of more than 60% in 2022. It is anticipated to grow at a compound annual growth rate of 5.7% between 2023 and 2030, primarily due to the increase in real estate construction projects, especially in urban areas, and the proliferating demand for residential furniture.
Housing Industry: Will Headwinds Persist in 2025?
On January 22, Laura Alber, CEO of Williams-Sonoma, appeared on CNBC’s “Squawk Box.” She was of the view that product innovation is one of the most significant growth drivers in the home furnishings industry. Pitting the home furnishing business against apparel, she said the great thing about the home furnishing industry is that the cycles are longer. For instance, if consumer sentiment favors a particular innovative model of coffee tables, the same can be applied to larger dining tables and other furniture items to drive demand and benefit from a longer lifecycle before it eventually starts to go downhill. Therefore, the seasons in the home furnishings industry span years in comparison to the much shorter seasons in retail.
However, Ivy Zelman, Zelman & Associates executive vice president, believed that challenges may persist in the housing industry in 2025. She appeared on CNBC on December 24 to discuss the state of the housing market and its potential outlook in 2025, and was of the opinion that 2025 would see more challenges in the market as there has been no relief so far on the stretched affordability issue of the consumer. Conditions seem to be worsening as mortgage rates continue to be elevated and are going even higher. With headwinds such as tariffs and a possibility of inflation in the current administration, there continues to be a lid on performance in the sector.
With these trends in view, let’s look at the 10 best furniture stocks to buy right now.
A corporate customer selecting furniture systems and task chairs in a retail store for their office.
Our Methodology
We sifted through stock screeners, online rankings, and ETFs to compile a list of 25 furniture stocks. We then selected the top 10 most popular stocks among elite hedge funds as of Q3 2024. We sourced the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund sentiment.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
10 Best Furniture Stocks to Buy Right Now
10. Arhaus, Inc (NASDAQ:ARHS)
Number of Hedge Fund Holders: 13
Arhaus, Inc. (NASDAQ:ARHS) is an omni-channel retailer and lifestyle brand that sells premium home furnishings. It has around 90 showrooms and design centers across the US. The company offers a range of furniture items, including residential and home furnishing offerings.
The company reported net revenue of $319 million in fiscal Q3 2024, down from $326 million versus the prior year. This decrease was primarily attributed to lower total demand and the non-recurrence of the abnormal backlog deliveries that occurred last year. Arhaus, Inc. (NASDAQ:ARHS) also reported comparable growth of 9.2%, along with demand comparable growth of 11.3% in fiscal Q3 2024. Demand comparable growth is expected to be around 6% in fiscal Q4 2024, which reflects the strength of Arhaus, Inc.’s (NASDAQ:ARHS) product offerings and the effectiveness of its marketing campaigns.
Due to its performance, the company raised its net revenue expectations for the fiscal year 2024 to $1.28 billion from $1.27 billion, an increase of approximately $35 million versus prior expectations. The company’s business model and continued store expansion position it for long-term growth in the sector.
Wasatch Micro-Cap Value Strategy stated the following regarding Arhaus, Inc. (NASDAQ:ARHS) in its Q3 2024 investor letter:
“Arhaus, Inc. (NASDAQ:ARHS) also detracted from performance. The company is a rapidly growing lifestyle brand and omnichannel retailer of premium home furnishings. The company’s earnings declined, performing relatively worse than other retailers in a softer market for consumer-discretionary goods. But we believe the company has a superior business model and like that it continues to invest in store expansion. Going forward, we think Arhaus has an attractive long-term position in the luxury-furniture sector.”
9. La-Z-Boy Incorporated (NYSE:LZB)
Number of Hedge Fund Holders: 14
La-Z-Boy Incorporated (NYSE:LZB) is a global manufacturer and distributor of residential furniture and reclining chairs in the US. Its portfolio of brands includes the tradenames La-Z-Boy, England, Kincaid, and Joybird. The company sells its products through various channels to distributors and furniture retailers.
Its consolidated delivered sales for fiscal Q2 2025 amounted to $521 million, reflecting a 2% increase compared to the prior year. Its retail segment sales grew by 3%, supported by new store openings, independent La-Z-Boy Furniture Galleries, and record sales on Labor Day. La-Z-Boy Incorporated (NYSE:LZB) is continually making strides in its Century Vision growth strategy, such as opening three new company-owned La-Z-Boy Furniture Galleries and finishing the acquisition of a two-store independent La-Z-Boy Furniture Galleries network in Florida.
The company also signed an agreement to acquire another two-store independent dealer in the Midwest, reflecting its continued growth. Management is thus optimistic about the company’s performance in the future, primarily due to its strategic investments. La-Z-Boy Incorporated (NYSE:LZB) ranks ninth on our list of the 10 best furniture stocks to buy right now.
8. MillerKnoll, Inc. (NASDAQ:MLKN)
Number of Hedge Fund Holders: 16
MillerKnoll, Inc. (NASDAQ:MLKN) designs, manufactures, and sells furniture systems, seating products, and other freestanding furniture elements. It operates through the Americas Contract, International Contract & Specialty, and Global Retail segments. In fiscal Q2 2025, the company reported a 2.2% year-over-year growth in consolidated net sales, primarily due to strength in its Americas Contract and International Contract & Specialty segments.
MillerKnoll, Inc. (NASDAQ:MLKN) also maintained gross margin strength in the quarter, with consolidated gross margins of 38.8% in fiscal Q2 2025. The company returned around $93.1 million to shareholders through dividends and share repurchases through the first half of fiscal 2025.
Almost all of the company’s product categories are performing better than the previous year, positioning it to continue strategic investments in improving its core business. MillerKnoll, Inc. (NASDAQ:MLKN) is focusing on continuing investments in innovative product assortment and new stores and has plans to introduce an expanded product assortment in spring 2025, with new product launches up over 100% compared to spring 2024.
Vulcan Value Partners made the following comment about MillerKnoll, Inc. (NASDAQ:MLKN) in its Q3 2023 investor letter:
“MillerKnoll, Inc. (NASDAQ:MLKN) is a designer and manufacturer of premium furniture for the office and home. While there continues to be a fair amount of uncertainty as it relates to the future of office, the company performed well during the quarter due to strong execution, cost containment, and an indication from management that a positive inflection point in demand is in its sights. We continue to favor the quality of MillerKnoll’s collection of brands, its multi-channel distribution model, and its experienced management team.”
7. Haverty Furniture Companies, Inc. (NYSE:HVT)
Number of Hedge Fund Holders: 18
Haverty Furniture Companies, Inc. (NYSE:HVT) is a specialty residential furniture and accessories retailer. Its product categories span residential and commercial furniture. The company also runs mattress product lines, including Tempur-Pedic, Serta, Sealy, Stearns, Foster, and Beautyrest.
The company is investing in store growth in its regions, positioning it for future growth in the best US markets. Its top priority for the coming two years is Houston, the seventh largest market in the country and the largest market in Haverty Furniture Companies, Inc.’s (NYSE:HVT) distribution footprint where it doesn’t have any stores.
Although the company’s overall store traffic is improving, it is seeing deliberate consumer spending. Therefore, its design and sales team is focused on increasing the number of customers. Its inventories are also in good condition, and the company is continuing to maintain them. Haverty Furniture Companies, Inc. (NYSE:HVT) is also continually streamlining its distribution, customer service, and home delivery services, supported by a continued focus on productivity and execution. Management is thus optimistic about the company’s future because of these factors. It ranks seventh on our list.
6. HNI Corporation (NYSE:HNI)
Number of Hedge Fund Holders: 19
HNI Corporation (NYSE:HNI) provides workplace furnishings and residential building products. Its operations are divided into the Residential Building Products and Workplace Furnishing segments. The company’s brand portfolio includes Beyond, HON, Kimball, HBF Textiles, HNI India, and more. Through its export subsidiary, HNI Corporation (NYSE:HNI) exports certain products to North America, principally Latin America, the Caribbean, and Mexico.
The company’s non-GAAP EPS of $1.03 exceeded its internal expectations in fiscal Q3 2024, reflecting an 11% growth compared to the prior year. This came in an environment of continued revenue pressure for the company. Despite this challenging environment, management is optimistic about the company’s ability to drive profitable growth in the coming years.
It expects a reduction in interest rates in 2025, resulting in an increase in housing turnover and an improvement in demand for HNI Corporation’s (NYSE:HNI) products. The company has a three-year double-digit earnings growth streak and expects to extend it through at least 2026. It takes the sixth spot on our list of the 10 best furniture stocks to buy right now.
5. Ethan Allen Interiors Inc. (NYSE:ETD)
Number of Hedge Fund Holders: 20
Ethan Allen Interiors Inc. (NYSE:ETD) is a furniture retailer specializing in home furnishings and accessories. Its home furnishing retail network offers an elaborate range of home decorating and design solutions. The company’s operations are divided into the Wholesale and Retail segments.
Fiscal Q2 2025 posed a challenging economic and political environment for the company. Despite this, it managed to report strong financial results, with consolidated net sales of $157.3 million and a gross margin of 60.3%. It also reported a solid operating cash flow of $184.2 million, reflecting a $16.4 million increase from the year-ago period. Ethan Allen Interiors Inc. (NYSE:ETD) paid $10 million in cash dividends. In addition, the company’s Board approved a regular cash dividend of $0.39 per share, payable on February 26, 2025.
Ethan Allen Interiors Inc. (NYSE:ETD) ended the quarter with a solid balance sheet, including $184.2 million in cash and investments and no outstanding debt. As of fiscal Q2 2025, it has 172 Ethan Allen retail design centers in North America and is continuing to strengthen its network with new and relocated design centers. The company plans to relocate to stronger locations and add new design centers to its portfolio for long-term growth. It ranks fifth on our list of the 10 best furniture stocks to buy right now.
4. Steelcase Inc. (NYSE:SCS)
Number of Hedge Fund Holders: 21
Steelcase Inc. (NYSE:SCS) offers an elaborate portfolio of furniture and architectural products and services designed to create workplaces. Its brand portfolio spans Steelcase, AMQ, Coalesse, Designtex, Orangebox, HALCON, Viccarbe, and Smith System. The company’s furniture portfolio includes seating, storage, furniture systems, benches, tables, fixed and height-adjustable desks, and other work accessories.
Fiscal Q3 2025 marked the tenth consecutive quarter of year-over-year gross margin expansion for the company. Steelcase Inc.’s (NYSE:SCS) stronger results were supported by its Americas segment, which delivered a 7% organic revenue growth and an adjusted operating margin of 8.1%. Fiscal Q3 2025 was also the fifth consecutive quarter of year-over-year order growth in the Americas. The company increased its market share again this year due to its performance.
Steelcase Inc. (NYSE:SCS) expects a gross margin of around 33.5% in fiscal Q4 2025, and is directing attention to developing new solutions and evolving its capabilities. It ranks fourth on our list.
3. American Woodmark Corporation (NASDAQ:AMWD)
Number of Hedge Fund Holders: 22
American Woodmark Corporation (NASDAQ:AMWD) is a cabinet manufacturer that specializes in bath, kitchen, and home organization products for new home construction and home remodeling markets. It offers bath and kitchen cabinetry items across all product categories (stock and made-to-order), but the home organization products are exclusively available as stock products. The company operates through three primary channels: builders, home centers, and independent dealers and distributors. American Woodmark Corporation (NASDAQ:AMWD) has around 18 manufacturing facilities in the US and Mexico, one distribution center, and eight primary service centers. Its portfolio of brands includes waypoint living spaces, 1951 Cabinetry, and others.
The company reported net sales of $452.5 million in fiscal Q2 2025, down 4.5% from the previous year. This decrease was attributed to the slowdown in new construction activity and reduced demand in the remodeling market. Despite these challenges, American Woodmark Corporation (NASDAQ:AMWD) has shown resilience. The company achieved an adjusted EBITDA of $123.1 million for the first half of fiscal 2025, representing 13.5% of net sales and reflecting solid operational performance. Management remains focused on controlling discretionary spending and enhancing operational efficiencies, positioning the company favorably for future market improvements.
In addition, the company is investing in digital transformation and platform design to enhance its operational capabilities. Its initiatives include optimizing sales processes and boosting production in Mexico and North Carolina facilities. American Woodmark Corporation (NASDAQ:AMWD) ranks third on our list of the best furniture stocks to buy right now.
2. MasterBrand, Inc. (NYSE:MBC)
Number of Hedge Fund Holders: 25
MasterBrand, Inc. (NYSE:MBC) manufactures residential cabinets in North America and offers an elaborate portfolio of residential cabinetry products for the bathroom, kitchen, and house parts. It sells its products to new construction and remodeling markets in the US and Canada through three primary channels: retailers, builders, and dealers. The company’s brand portfolio includes Mantra, Diamond, and Omega.
MasterBrand, Inc. (NYSE:MBC) reported net sales worth $718 million in fiscal Q3 2024, reflecting a 6% increase compared to last year. This growth was attributed to its acquisition of Supreme Cabinetry Brands earlier in the quarter. Its free cash flow also showed solid company performance at $65 million, taking its year-to-date total to $142 million.
Due to its solid performance, management is confident about the company’s potential to deliver continued free cash flow growth for fiscal year 2024. It is focusing on delivering financial returns for its shareholders in the coming years and is looking for growth in any end-market environment.
1. Williams-Sonoma, Inc. (NYSE:WSM)
Number of Hedge Fund Holders: 35
Williams-Sonoma, Inc. (NYSE:WSM) is a retailer of home products. It operates through popular segments, including Pottery Barn, Williams Sonoma, Pottery Barn Kids, West Elm, and more. It also operates an Other segment that covers the operations of its international franchise segments, Rejuvenation and Mark and Graham.
Although the company’s revenue in fiscal Q3 2024 was down due to the broader market’s headwinds, Williams-Sonoma, Inc. (NYSE:WSM) managed to grow its earnings per share by 7.1% in the quarter, taking it to $1.96 and exceeding analyst expectations. This growth was attributed to the company’s higher gross margins, which increased to 46.7% from 44.4% last year. The company also repurchased $533 million worth of stock in fiscal Q3 2024, bringing its share count and expanding its year-to-date repurchase total to $707 million.
The company also demonstrated strong cash generation. In Q3 2024, it reported an operating cash flow of $254 million and returned $73 million to shareholders via dividends. In addition, it has been growing its payouts for 15 consecutive years. Williams-Sonoma, Inc.’s (NYSE:WSM) operating results reflect its operational improvements and the strength of its margin profile, making it one of the best furniture stocks to buy right now.
Overall, WSM ranks first among the 10 best furniture stocks to buy right now. While we acknowledge the potential of furniture stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WSM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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