Chromcraft sales fall

Thomas, Larry
August 2008
Furniture/Today;8/18/2008, Vol. 32 Issue 49, p1
Trade Publication
The article reports on Chromcraft Revington net loss of $6.04 million as sales fell to 21.9% in August 2008. The net loss, which equals to $1.32 per share, was doubled as compared to the 2007 second quarter's company loss. According to the chairman and CEO Ronald Butler, residential furniture was lower in all categories due to weak retail business conditions and other contributory factors. He added that they will be focusing on reducing costs to match the present level of revenue.


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