sector: Cyclical Consumer Goods & Services ·
industry: Home Furnishing ·
As of
24 Nov 2009
4.18USD
Furniture Brands International, Inc. is a holding company. Through its subsidiaries, it is engaged in the business of designing, manufacturing, sourcing, and retailing home furnishings. It markets through a range of retail channels, from mass merchant stores to single-branded and independent dealers to specialized interior designers. It serves its customers through some of the brands in the furniture industry, which include Broyhill, Lane, Thomasville, Drexel Heritage, Henredon, Hickory Chair, Pearson, Laneventure, and Maitland-Smith.
BRIEF: For the nine months ended 30 September 2009, Furniture Brands International, Inc.'s revenues fell 30% to $938.8M. Net loss from continuing operations decreased 29% to $43.7M. Revenues reflect a decrease in the sales due to weak retail conditions and decisions to abandon products, customers & programs resulting in lower sales volume. Net loss was offset by lower selling, general & administrative expenses and a decrease in interest expense.
Furniture Brands International, Inc.
101 South Hanley Road
St. Louis MO 63105
P: +1314.8631100
F: +1314.8635306