Shermag earnings fall 33.8%

March 2002
Furniture/Today;3/25/2002, Vol. 26 Issue 29, p58
Trade Publication
Reports the financial performance of Shermag Inc. in the U.S. in the fiscal third quarter. Decline of net revenues; Reduction of earnings; Total amount of revenue.


Related Articles

  • Shermag 3Q revenues drop 31.9%. Knell, Michael J. // Furniture/Today;2/20/2006, Vol. 30 Issue 24, p52 

    The article reports on the financial performance of the Shermag Inc. for the third quarter of 2005 in the U.S. It has a net loss of 32 Canadian cents per share. Export sales decrease by 29.9 percent. Domestic sales decline at 25.6 percent. During the quarter, the company has consolidated sawmill...

  • Shermag 4Q sales drop 29.2%. but loss shrinks. Knell, Michael J. // Furniture/Today;6/18/2007, Vol. 31 Issue 40, p46 

    The article reports that furniture maker Shermag Inc. has posted drop in its fourth quarter sales and recorded a 29.2% drop in its revenues in the same quarter. Consequently, the company announced that it would continue to restructure, shed expenses at home and shift more production to Asia. In...

  • 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.

  • 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.

  • Court approves sale of Shermag to Bermex. Knell, Michael ]. // Furniture/Today;8/17/2009, Vol. 33 Issue 47, p8 

    The article reports on the approval of the sale of Shermag Inc. to Groupe Bermex by the Québec Superior Court in Quebec. It discusses the deal between the two companies wherein Bermex will provide $1.25 million Canadian to finance Shermang's plan of arrangement to present to its creditors...

  • Shermag revenues off 3.1 %. Knell, Michael J. // Furniture/Today;8/22/2005, Vol. 29 Issue 49, p47 

    The article reports that Shermag Inc. has reported a 3.1 per cent decrease in net revenues in its first quarter ending in July 2005. According to its president and chief executive officer Jeff Casselman, the company is in midst of a significant transformation to counter the weak U.S. dollar and...

  • Vote could take Shermag private. Knell, Michael J. // Furniture/Today;3/1/2010, Vol. 34 Issue 25, p35 

    The article reports that Shermag Inc.'s shareholders will conduct a meeting to vote on taking the company private in Montreal, Quebec on March 25, 2010.

  • Shermag 2Q net revenue up 15.9%.  // Furniture/Today;12/2/2002, Vol. 27 Issue 13, p50 

    Reports on the financial performance of Shermag as of December 2002. Earnings per share; Total sales; Net income; Revenues.

  • Shermag beefing up dining room line. Slaughter, Powell // Furniture/Today;3/3/2003, Vol. 27 Issue 26, p44 

    Reports that Shermag is broadening its import program through the manufacture of five master dining rooms in maple and birch. Coordination with existing domestic bedroom offerings; Retail partners' complete design statement with the products; Launch of Shermag's import line in Spring 2003.


Read the Article


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

Try another library?
Sign out of this library

Other Topics