Furniture Brands Q2 sales rise, but loss grows

Furniture Brands International (NYSE: FBN), investing in SAP computer systems and off shore manufacturing, said sales rose $296.2 million, an increase of 2.3% versus the second quarter of 2010, but its net loss increased to $6.6 million.

Furniture Brands Indonesian plant 'on track'

Manufacturer and retailer Furniture Brands International said it is "on track" for the opening of an Indonesian plant third quarter, as it reported first quarter sales fell 7.6 percent to $297.9 million for its brands including Broyhill, Lane, Thomasville and Drexel Heritage, among others.