Daily News Archive
Brought to you by Home Furnishings Business
Furniture Brands Q4 Loss Widens
February 12,
2013 by in UnCategorized 
By Aggregated Content in Financial Reports on February 13, 2013
from http://www.rttnews.com/2056331/furniture-brands-intl-q4-loss-widens.aspx?type=ern
Retailing home furnishings company Furniture Brands International posted a wider loss for the fourth quarter, hurt by a charge, but sales were higher compared to last year.
For the quarter, net loss was $22.9 million or $0.41 per share, including a $10.8 million after-tax charge, partially offset by the reversal of a $2.4 million valuation allowance on tax assets.
Read Full Article...