Jennifer earnings down 28.3% in quarter

July 2007
Furniture/Today;7/16/2007, Vol. 31 Issue 44, p46
Trade Publication
The article reports that sales of specialty retailer Jennifer Convertibles Inc. in its third fiscal quarter ended May 26, 2007 were 6.3% below the same period in 2006. Same-store sales dipped to 8.2% for the quarter and dropped 5.6% during the first nine months of the fiscal year. Net income amounted to $1.61 million or 18% per share, compared with $2.25 million or 26 cents per share in the 2006 third fiscal quarter.


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