Jennifer loss eases

Engel, Clint
January 2008
Furniture/Today;1/14/2008, Vol. 32 Issue 19, p1
Trade Publication
The article focuses on the assistance provided by Ashley Furniture Homestore business for the achieved improvement on the performance of Jennifer Convertibles in the first quarter net loss that reaches $505,000 in Woodbury, New York. Chief executive officer (CEO) Harley Greenfield stresses his satisfaction for such result from the generated profit of $146,000. Further, he says that such condition leads the company to expect profitability in the second half of the fiscal year.


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