Bestar 1Q sales down 2.9%

May 2008
Furniture/Today;5/26/2008, Vol. 32 Issue 38, p86
Trade Publication
The article reports on the first-quarter net loss of C$103,000 on a 2.9% dip in sales of Bestar, a producer of ready-to-assemble furniture in Lac-Megantic, Quebec. The author stated that the company has blamed its conditions to the economic slump in the United Sates and the strength of Canadian dollar against U.S. dollar. He added that currency issue has reduced the sales by C$850,000 since majority of the company's retail customers are in the U.S.


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