TITLE

FBI trims loss to $23.5M

AUTHOR(S)
Thomas, Larry
PUB. DATE
November 2009
SOURCE
Furniture/Today;11/9/2009, Vol. 34 Issue 9, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the 23.5 million dollars net loss of Furniture Brands International Inc. in the U.S. It states that the net loss which equals to 48 cents per share or 28.9% was well below the loss registered in the third quarter of 2008, which lost 41.7 million dollars or 86 cents per share. Ralph Scozzafava, chairman of the company, infers that despite the sales shortfall, the company remains strong due to the improvement in gross margin.
ACCESSION #
45275972

 

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