WEST LAFAYETTE, IN –Chromocraft Revington Inc., a designer, manufacturer and seller of residential and commercial furniture, posted sales for the three months ended Dec. 31, 2006 of $38.8 million, a 4.4% decrease compared to sales from the same period of the prior year, according to Business Wire. Shipments for the quarter were lower, compared to the prior year period, primarily due to competitive pressure from imports and a slow retail furniture market. Shipments of dining room, bedroom and upholstered furniture were lower in the fourth quarter and were partially offset by higher shipments of commercial and occasional furniture. Sales for the year ended Dec. 31, 2006, were $160.4 million, a 5.4% decrease from the prior year. Read more.
Have something to say? Share your thoughts with us in the comments below.