Furniture Brands Loses $6.6 Million in Q2

August 3, 2011  by in UnCategorized   

By Aggregated Content in Financial Reports on August 4, 2011 from http://c.moreover.com/click/here.pl?z5033394050&z=1250249032 Furniture Brands said Wednesday it lost $6.6 million in the second quarter, compared with a profit of $4.2 million in the prior-year quarter. The St. Louis-based furniture company (NYSE: FBN) reported sales of $296.2 million for the three months ended June 30, up 2 percent from $289.5 million a year ago. The company had a pretax loss of $6.4 million in the second quarter of 2011, compared with a pretax loss of $1 million in the second quarter of 2010.

Read Full Article...