FBI sees 12% 3Q sales drop, net loss

September 2007
Furniture/Today;9/24/2007, Vol. 32 Issue 4, p94
Trade Publication
The article reports on the business forecasts of Furniture Brands International Inc. for the third quarter of 2007 in Saint Louis, Missouri. The company expects to declare a net loss in the quarter and softer sales as well, than in the comparable period in the previous year. Chairman and chief executive officer (CEO) Mickey Holliman said that it predicted net sales to drop 12 percent and net earnings per diluted common share to be a loss of between 19 to 23 cents.


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