ST. LOUIS, MO – Furniture Brands Int’l. recently commented on business trends and their expected effect on the third quarter.
W. G. (Mickey) Holliman, chairman of the board and CEO, said, “When we issued our second quarter results in July, we warned of a softening business environment and weakening order flow, and since then we have seen those trends continue. We now expect our net sales for the quarter to be down approximately 12%. We will report the actual results for the third quarter of 2007 on Oct. 31.”
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