Chromcraft sales fall; loss cut

Combs, Heath E.
November 2007
Furniture/Today;11/26/2007, Vol. 32 Issue 12, p54
Trade Publication
The article reports on the net loss of manufacturer and importer Chromcraft Revington Inc. as sales declined for the third quarter of 2007. The loss is due to lower sales volume, an unfavorable product mix, price discounting, and a non-cash charge for inventory writedowns. According to officials of Chromcraft, a weak retail environment, competitive pressure from imports and the impact of corporate restructuring caused sales to decline.


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