Shermag 2Q revenues decline

Knell, Michael J.
November 2005
Furniture/Today;11/14/2005, Vol. 30 Issue 10, p1
Trade Publication
Report on the financial performance of Shermag Inc., a manufacturer and importer of furniture, in the U.S. for the second quarter of 2005. Decrease in the company's net revenue; Export sales; Comparison between the net earnings of the company in 2004 and 2005.


Related Articles

  • Shermag 4Q earnings dip 13%. Knell, Michael J. // Furniture/Today;6/21/2004, Vol. 28 Issue 41, p39 

    Reports on the decline of Quebec-based furniture company, Shermag Inc.'s net earnings during the fourth quarter ended April 2, 2004. Rise in the company's net revenues; Growth in the sales of imported products; Effect of the weakness of the U.S. dollar relative to Canadian currency on the firm's...

  • Shermag's 2Q revenues rise 26.8% as profits surge 27.3%.  // Furniture/Today;12/1/2003, Vol. 28 Issue 13, p62 

    Reports on the increase in the revenues and profits of furniture manufacturing firm Shermag Inc. for second quarter of 2003. Annual sales growth of the company; Details related to the cash from corporations of the company; Comment of Jeff Casselman, chief executive officer of the company, on the...

  • Shermag revenues drop 14.9% in 1Q.  // Furniture/Today;8/30/2004, Vol. 28 Issue 51, p51 

    Reports on the financial performance of full-line furniture manufacturer Shermag Inc. for the first quarter ended July 2, 2004 in Sherbrooke, Quebec. Decline in revenues; Increase in net earnings; Decrease in exports to United States-based retailers.

  • Shermag 2Q profits drop 80.5%. Knell, Michael J. // Furniture/Today;11/22/2004, Vol. 29 Issue 11, p43 

    Reports on the financial performance of furniture manufacturer, Shermag Inc. for the second quarter ended October 1, 2004 in Canada. Gross earnings; Decrease in revenue; Export sales.

  • Shermag posts hefty losses. Slaughter, Powell // Furniture/Today;6/20/2005, Vol. 29 Issue 40, p1 

    Reports on the losses of the furniture maker Shermag Inc. in Canada. Net revenue of the firm; Anticipation of the firm for a difficult first quarter in its fiscal year; Efforts of the firm to improve its upholstery business.

  • Shermag 4Q sales drop 29.2%. but loss shrinks. Knell, Michael J. // Furniture/Today;6/18/2007, Vol. 31 Issue 40, p46 

    The article reports that furniture maker Shermag Inc. has posted drop in its fourth quarter sales and recorded a 29.2% drop in its revenues in the same quarter. Consequently, the company announced that it would continue to restructure, shed expenses at home and shift more production to Asia. In...

  • Shermag posts 18.7% sales gain for year.  // Furniture/Today;6/23/2003, Vol. 27 Issue 41, p39 

    Reports that Canada-based furniture producer Shermag Inc. has posted sales gain for its fiscal year ended April 4, 2003. Factors contributing to the increase; Amount of net revenue.

  • Shermag's 3Q earnings surge 21.2%. Knell, Michael J. // Furniture/Today;03/12/2001, Vol. 25 Issue 27, p42 

    Reports on the financial performance of Canadian furniture maker Shermag Group in its third quarter ended December 29, 2000. Rise in revenues and net earnings; High number of orders on hand; Value of exports to the United States; Chairman and chief executive officer Serge Racine's comments on...

  • Shermag 2Q profits up 16.2%; revenues rise 1.6%.  // Furniture/Today;12/04/2000, Vol. 25 Issue 13, p73 

    Reports the sales and revenues of furniture company Shermag Group for the third quarter of 2000 in Sherbrooke, Quebec. Exclusion of internal sales from sawmills; Effect of economic demand on work force; Relocation of the second service department in the second quarter.


Read the Article


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

Try another library?
Sign out of this library

Other Topics