TITLE

FBI posts $3.1 M loss in 1Q

AUTHOR(S)
Mclntosh, Jay
PUB. DATE
May 2011
SOURCE
Furniture/Today;5/9/2011, Vol. 35 Issue 35, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the $3.1 million loss of Furniture Brands International Inc. (FBI) in the first quarter of 2011. The loss is attributed to the snowy weather in January and February affecting retail business. FBI chairman and chief executive officer (CEO) Ralph Scozzafava notes the improvement of the sales trend of the company each month. Scozzafava points out that the company remains focused on the control of its costs, while investing in increasing the business.
ACCESSION #
60517469

 

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