Shermag 2Q profits up 16.2%; revenues rise 1.6%

December 2000
Furniture/Today;12/04/2000, Vol. 25 Issue 13, p73
Trade Publication
Reports the sales and revenues of furniture company Shermag Group for the third quarter of 2000 in Sherbrooke, Quebec. Exclusion of internal sales from sawmills; Effect of economic demand on work force; Relocation of the second service department in the second quarter.


Related Articles

  • Shermag posts 18.7% sales gain for year.  // Furniture/Today;6/23/2003, Vol. 27 Issue 41, p39 

    Reports that Canada-based furniture producer Shermag Inc. has posted sales gain for its fiscal year ended April 4, 2003. Factors contributing to the increase; Amount of net revenue.

  • Shermag's 3Q earnings surge 21.2%. Knell, Michael J. // Furniture/Today;03/12/2001, Vol. 25 Issue 27, p42 

    Reports on the financial performance of Canadian furniture maker Shermag Group in its third quarter ended December 29, 2000. Rise in revenues and net earnings; High number of orders on hand; Value of exports to the United States; Chairman and chief executive officer Serge Racine's comments on...

  • SHERMAG REPORTS FY05 LOSS OF $9.9 MILLION.  // Wood & Wood Products;Jul2005, Vol. 110 Issue 8, p17 

    Reports on the financial performance of furniture maker Shermag Inc. in Canada for fiscal year ended April 2, 2005. Net losses; Reasons for low earnings; Permanent shutdown of its high-pressure-laminate furniture plant in Victoriaville, Quebec; Increase in mass productions of glider rockers in Asia.

  • Shermag shuts down strike--bound Disraeli plant. Knell, Michael J. // Furniture/Today;10/4/2004, Vol. 29 Issue 5, p8 

    Reports on Shermag's closure of its strike-bound factory in Disraeli, Quebec. Contracts with striking workers at the company's Bedard division plant in Granby and HPL Division; Factors contributing to the declining profits.

  • Shermag's 2Q revenues rise 26.8% as profits surge 27.3%.  // Furniture/Today;12/1/2003, Vol. 28 Issue 13, p62 

    Reports on the increase in the revenues and profits of furniture manufacturing firm Shermag Inc. for second quarter of 2003. Annual sales growth of the company; Details related to the cash from corporations of the company; Comment of Jeff Casselman, chief executive officer of the company, on the...

  • Shermag 4Q earnings dip 13%. Knell, Michael J. // Furniture/Today;6/21/2004, Vol. 28 Issue 41, p39 

    Reports on the decline of Quebec-based furniture company, Shermag Inc.'s net earnings during the fourth quarter ended April 2, 2004. Rise in the company's net revenues; Growth in the sales of imported products; Effect of the weakness of the U.S. dollar relative to Canadian currency on the firm's...

  • Shermag posts hefty losses. Slaughter, Powell // Furniture/Today;6/20/2005, Vol. 29 Issue 40, p1 

    Reports on the losses of the furniture maker Shermag Inc. in Canada. Net revenue of the firm; Anticipation of the firm for a difficult first quarter in its fiscal year; Efforts of the firm to improve its upholstery business.

  • Dollar hurts Shermag 3Q sales.  // Furniture/Today;3/15/2004, Vol. 28 Issue 28, p47 

    Reports on the rise in Canadian furniture maker, Shermag Inc.'s revenues for the third quarter ending January 2, 2004. Factors that influenced the company's financial performance; Products sold by Shermag.

  • Shermag 2Q revenues decline. Knell, Michael J. // Furniture/Today;11/14/2005, Vol. 30 Issue 10, p1 

    Report on the financial performance of Shermag Inc., a manufacturer and importer of furniture, in the U.S. for the second quarter of 2005. Decrease in the company's net revenue; Export sales; Comparison between the net earnings of the company in 2004 and 2005.


Read the Article


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

Try another library?
Sign out of this library

Other Topics