FBI 1Q sales increase 3.1 %

McIntosh, Jay
May 2006
Furniture/Today;5/8/2006, Vol. 30 Issue 34, p1
Trade Publication
The article reports that Furniture Brands International Inc.'s (FBI) first-quarter sales were up by 3.1 percent compared from 2005 661.4 million dollars. The increase was due to a 5.4 million dollar accounting gain stemming from a refinancing of the company's revolving credit facility. According to the FBI chairman and CEO Mickey Holliman, FBI is still waiting to benefit from its transition to overseas sourcing. FBI has forecasted its second quarter earnings with 29 to 33 cents per share.


Related Articles

  • FBI sales down 5.3% in 1Q. Mclntosh, Jay // Furniture/Today;5/2/2005, Vol. 29 Issue 33, p1 

    The article informs that Furniture Brands International Inc.'s first-quarter sales declined 5.3% from the same period a year ago, largely because of weakness in the mid-priced part of its lineup, the No. 1 U.S. manufacturer said. Earnings fell 25.4% as higher raw materials costs and a...

  • FBI taps Foy as President. Evans, Gary // Furniture/Today;2/16/2004, Vol. 28 Issue 24, p1 

    Reports on the appointment of Tom Foy, president and chief executive officer of Tupelo, Mississippi-based Lane Home Furnishings, as president and chief operating officer of parent company Furniture Brands International. Replacement of Mickey Holliman who will continue as chairman and chief...

  • FBI: Quarter's not so bad.  // Furniture/Today;6/18/2007, Vol. 31 Issue 40, p1 

    The article reports that Furniture Brand International Inc. has revised the projection of its second quarter sales and earnings in June 2007. Furniture chairman and CEO Mickey Holliman announced that the company is expecting sales for the quarter to be down just under 12% from the same period in...

  • Holliman speaks out on the true costs of imports. Epperson, Jerry // Furniture/Today;6/23/2003, Vol. 27 Issue 41, p28 

    Details Furniture Brands International Inc. chairman Mickey Holliman's views on the costs of imports, which was presented at the company's investors' meeting held in New York. Creation of pricing expectations; Practice of retailers of selling furniture based on their first cost rather than...

  • FBI sales rise 1.3% in 2Q. Chamberlain, Janice // Furniture/Today;7/31/2006, Vol. 30 Issue 46, p50 

    The article reports that the sales of Saint Louis, Missouri-based Furniture Brands International has increased in the second quarter of 2006. The firm's chairman and chief executive Mickey Holliman said that the Len and Maitland-Smith brands had strong sales and that Broyhill Furniture will...

  • FBI recruits some outsiders.  // Furniture/Today;7/4/2005, Vol. 29 Issue 42, p2 

    Comments on the recruitment of senior executives from Home Depot and Kentucky Fried Chicken by the CEO of Furniture Brands International Inc., Mickey Holliman, in the U.S. Selection of Denise Ramos as senior vice president, treasurer and CFO; Appointment of Joe McClelland Jr. as vice president...

  • FBI's Holliman has solid plan.  // Furniture/Today;6/20/2005, Vol. 29 Issue 40, p2 

    Comments on the opening remarks of Furniture Brands International Inc. (FBI) CEO Mickey Holliman at its Analyst and Investor Conference in the U.S. Challenges faced by (FBI) from competitors; Differentiation of the firm's brands; Plan of the company to leverage its size to minimize costs.

  • FBI's 3Q sales inch up 2%. Thomas, Larry // Furniture/Today;10/30/2006, Vol. 31 Issue 8, p1 

    The article reports on the 2% increase in the third-quarter sales of Furniture Brands International Inc. (FBI) in the U.S. in 2006 fiscal year. The strong sales of the company is backed by the strong performance of its Lane Furniture unit. However, the company's net income has fell over 41% due...

  • FBI sees 12% 3Q sales drop, net loss.  // Furniture/Today;9/24/2007, Vol. 32 Issue 4, p94 

    The article reports on the business forecasts of Furniture Brands International Inc. for the third quarter of 2007 in Saint Louis, Missouri. The company expects to declare a net loss in the quarter and softer sales as well, than in the comparable period in the previous year. Chairman and chief...


Read the Article


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

Try another library?
Sign out of this library

Other Topics