TITLE

CR loses $10.2M

AUTHOR(S)
McIntosh, Jay
PUB. DATE
November 2008
SOURCE
Furniture/Today;11/17/2008, Vol. 33 Issue 11, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the $10.2 million loss of furniture manufacturer and importer Chromcraft Revington Inc. for the period of July-October 2008. The company said that the ballooning of its loss was largely due to the $6.6. million in asset impairment and restructuring expenses, as sales drop down to 18.8%. The company chairman and chief executive officer Ronald Butler, states that the company responds to the current weak business condition with spending controls and expense reductions.
ACCESSION #
35354658

 

Related Articles

  • Chromcraft Revington 3Q sales decline 9.5%.  // Furniture/Today;11/10/2003, Vol. 28 Issue 10, p43 

    Reports on the declining third quarter sales of Chromcraft Revington in Delphi, Indiana. Result of import competition; Volatility of the economy; Increase of upholstery shipment rates.

  • Chromcraft reports loss of $8M in fourth quarter. Thomas, Larry // Furniture/Today;4/25/2009, Vol. 33 Issue 33, p144 

    The article discusses the reported losses of Chromcraft Revington Inc. furniture companies, and Chromcraft, Peters-Revington Co., and Cochrane Inc. brand names for the fourth quarter. The article includes information from the 2007 fiscal year, and includes comments from chairman and CEO Ronald...

  • Chromcraft's 4Q earnings down 21 %.  // Furniture/Today;2/20/2006, Vol. 30 Issue 24, p53 

    The article reports on the financial performance of the Chromcraft Revington Inc. for the fourth quarter of 2005 in the U.S. Earnings decrease at 21 percent due to unfavorable sales mix and lower production at two plants. Sales are down 1.6 percent to 169.6 million dollar. There is an increase...

  • Chromcraft Revington trims loss. Thomas, Larry // Furniture/Today;8/30/2010, Vol. 34 Issue 49, p31 

    The article reports on the reduced net loss of Chromcraft Revington Inc. in the second quarter of 2010, considering the effect of its decreased expenses and gross margin improvement.

  • CR sales fall 18.9%.  // Furniture/Today;5/19/2008, Vol. 32 Issue 36, p1 

    The article reports on the decline of the sales of manufacturer and importer Chromcraft Revington by 18.9% in the first quarter of 2008 in the U.S. Moreover, the company reported a loss of 2.2 million. The loss was attributed on the lower sales volume and higher restructuring-related costs,...

  • Chromcraft Revington posts 1Q loss as sales drop 26.3%.  // Furniture/Today;5/28/2007, Vol. 31 Issue 37, p116 

    The article reports that West Lafayette, Indiana-based furniture manufacturer and importer Chromcraft Revington posted a net loss of $1.2 million in the first quarter of 2007. Chairman and CEO Ben Anderson-Ray says that the sales decrease reflects a soft retail market climate and continued...

  • Chromcraft sales fall. Thomas, Larry // Furniture/Today;8/18/2008, Vol. 32 Issue 49, p1 

    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...

  • Chromcraft posts smaller loss as sales fall 43%. Thomas, Larry // Furniture/Today;8/24/2009, Vol. 33 Issue 48, p39 

    The article reports on the 2.5 million-dollar net loss of Chromcraft Revington Inc. propelled by the 43% drop in sales which is smaller than the loss reported in the second quarter of 2008. The sales for the quarter which ended on July 4, 2009 decreased to14.6 million dollars from the 25.6...

  • Chromcraft sales fall 19%. Combs, Heath E. // Furniture/Today;8/27/2007, Vol. 31 Issue 50, p46 

    The article reports on the decline of the sales of manufacturer and importer Chromcraft Revington by 19 percent in the second quarter of 2007 in the U.S. The company reported a second-quarter loss of $3.3 million. The net loss was attributed to the lower sales volume, consolidation of its sales...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics