FBI: Quarter's not so bad

June 2007
Furniture/Today;6/18/2007, Vol. 31 Issue 40, p1
Trade Publication
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 2006, with a net loss of 3 to 7 cents per share. Furthermore, the loss includes 2 cents per share in restructuring, asset impairment and severance charges.


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