ST. LOUIS, Jan. 11, 2011 -- Furniture Brands International (NYSE:FBN) today announced that the company expects net sales for the fourth quarter of 2010 to total approximately $274 million.
ST. LOUIS -- Furniture Brands International plans to develop an existing facility in Merida, on Mexico's Yucatan Peninsula, to provide cut-and-sew kits for its U.S.-based upholstery operations.
It wouldn't be the first time I added 2 and 2 and got 5, but the fact that Ashley Furniture is eyeing Furniture Brand's Thomasville RTA furniture plant in Virginia, makes me wonder if it is the unnamed company that had made a play for Mill's Pride's RTA cabinet plant in Ohio.
Furniture Brands International says announced that it has taken several steps to broaden its sourcing options for casegoods customers that it serves in the contract and ready-to-assemble (RTA) businesses.
ST. LOUIS, Aug 4, 2010 -- Net sales of $289 million, up slightly from the second quarter of 2009 -- Net income of $4.2 million compared to a loss of $16 million in second quarter of 2009 -- Gross margin of 25.7% compared to 21.4% in second quarter of 2009 -- Net cash* position of $26 million