Shermag earnings surge 42.3%

August 2003
Furniture/Today;8/25/2003, Vol. 27 Issue 50, p62
Trade Publication
Focuses on the second quarter financial result of manufacturer Shermag in Quebec. Percentage of increase in revenue; Dilution of earnings per share; Investments in product development.


Related Articles

  • Shermag gets plan extension.  // Furniture/Today;6/9/2008, Vol. 32 Issue 39, p2 

    The article reports that Sherbrooke, Quebec-based Shermag Inc. has been granted a plan extension by the Quebec Superior Court. The furniture industry attempted protection from creditors under the Companies' Creditors Arrangement Act. It is noted that the court originally gave the company until...

  • Shermag's 2Q revenue falls 11.5%. Knell, Michael J. // Furniture/Today;11/27/2006, Vol. 31 Issue 12, p1 

    The article reports the second quarter financial report of furniture manufacturer and importer Shermag. Company's second quarter revenue for the year fell by 11.5% in comparison to the previous year. The unfavorable exchange rate and sagging Canadian retail sales is reported to be the reason....

  • Vote could take Shermag private. Knell, Michael J. // Furniture/Today;3/1/2010, Vol. 34 Issue 25, p35 

    The article reports that Shermag Inc.'s shareholders will conduct a meeting to vote on taking the company private in Montreal, Quebec on March 25, 2010.

  • Shermag 2Q net revenue up 15.9%.  // Furniture/Today;12/2/2002, Vol. 27 Issue 13, p50 

    Reports on the financial performance of Shermag as of December 2002. Earnings per share; Total sales; Net income; Revenues.

  • Shermag beefing up dining room line. Slaughter, Powell // Furniture/Today;3/3/2003, Vol. 27 Issue 26, p44 

    Reports that Shermag is broadening its import program through the manufacture of five master dining rooms in maple and birch. Coordination with existing domestic bedroom offerings; Retail partners' complete design statement with the products; Launch of Shermag's import line in Spring 2003.

  • Shermag doubles 3Q net income.  // Furniture/Today;3/3/2003, Vol. 27 Issue 26, p55 

    Reports that full-line manufacturer Shermag doubled its net income in the end of its third quarter in January 3, 2003. Increase in net revenue; Decrease in Canadian shipments; Attibution of gains to operational efficiencies that protected margins in a price competitive environment.

  • Shermag's earnings up 20.1% for year as revenues rise 6.5%.  // Furniture/Today;6/25/2001, Vol. 25 Issue 41, p78 

    Highlights the financial performance of Shermag for the quarter ended March 30, 2001. Revenues; Operating income; Net income; Earnings per share.

  • Shermag sets three-way growth plan. Knell, Michael J. // Furniture/Today;3/18/2002, Vol. 26 Issue 28, p2 

    Focuses on the business strategy of Shermag in its effort to increase growth in Quebec. Statistics on the annual sales of the company; Partnership with Sears Canada and the Bay; Expansion of its department store businesses. INSET: Shermag's three-pronged growth strategy.

  • Shermag earnings tumble 98% as sales decline in 1Q.  // Furniture/Today;9/3/2001, Vol. 26 Issue 1, p46 

    Reports on the corporate profits of Shermag Inc. as of the second quarter of year 2001 in Sherbrooke, Quebec. Cause of the decline of revenues; Impact of HomeLife downfall to the company earnings; Perspectives shared by Jeff Cassellman, president and chief executive officer on the company...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics