Jennifer posts net loss in 1Q

Engel, Clint
January 2007
Furniture/Today;1/15/2007, Vol. 31 Issue 19, p1
Trade Publication
The article reports on the net loss of $637,000 for the period ended November 25, 2006 by the retailer Jennifer Convertibles. Jennifer CEO Harley Greenfield states that the general slump experienced in retail furniture industry had an impact on their sales. Greenfield was optimistic of the future due to the changes effected after noticing the weakening demand in the fourth quarter. Details related to operating margins from continuing operations are also provided.


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