TITLE

FBI 1Q sales increase 3.1 %

AUTHOR(S)
McIntosh, Jay
PUB. DATE
May 2006
SOURCE
Furniture/Today;5/8/2006, Vol. 30 Issue 34, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
20751207

 

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