Jennifer 4Q revenue up 2.2%. earnings fall 39.1%

November 2006
Furniture/Today;11/27/2006, Vol. 31 Issue 12, p70
Trade Publication
The article presents a comparative study related to financial earnings of specialty store Jennifer Convertible. It is stated that compared to the last fiscal year of 2005 the revenue has gone up by 2.2% in the fourth quarter of 2006, which amounts to $36.2 million. But in 2006 earnings fell 39.1% to $1.6 million. In the year ended Aug. 26, 2006 revenue increased 15.8% to $140.4 million, and Jennifer posted net income of $5.2 million, compared with a loss of $3.9 million in the previous year.


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