Woodworking Industry News

Knoll Reports Strong 2Q

EAST GREENVILLE, PA – Knoll Inc. announced its results for the second quarter, ended June 30. Net sales for the quarter increased 9.9% to $272.1 million, compared to the same period last year. Operating income was $37.6 million, an increase of 18.2% from the second quarter of 2006. Gross profit for the second quarter was $93.4 million, an increase of 18.2% over the prior year period.

Woodworking Industry News

Knoll Reports Strong 2Q

EAST GREENVILLE, PA – Knoll Inc. announced its results for the second quarter, ended June 30. Net sales for the quarter increased 9.9% to $272.1 million, compared to the same period last year. Operating income was $37.6 million, an increase of 18.2% from the second quarter of 2006. Gross profit for the second quarter was $93.4 million, an increase of 18.2% over the prior year period.

Woodworking Industry News

Quaker Furniture Becomes Studio Q

HICKORY, NC –Contact furniture manufacturer, Quaker Furniture Inc., announced it changed its name to Studio Q Furniture, according to The Charlotte Observer. The company has created new sales and marketing materials that will be unveiled at the end of the month.

Woodworking Industry News

Quaker Furniture Becomes Studio Q

HICKORY, NC –Contact furniture manufacturer, Quaker Furniture Inc., announced it changed its name to Studio Q Furniture, according to The Charlotte Observer. The company has created new sales and marketing materials that will be unveiled at the end of the month.

Woodworking Industry News

HNI Corp. Announces 2Q Sales Slide

MUSCATINE, IA – HNI Corp. announced its sales for the second quarter, which ended June 30. The company reported sales of $618.2 million, which is down 7.4% compared to the same period last year. According to the release, the company’s gross margin decreased 7.7% and operating income was down 6.7%, compared to the prior year period.

Woodworking Industry News

HNI Corp. Announces 2Q Sales Slide

MUSCATINE, IA – HNI Corp. announced its sales for the second quarter, which ended June 30. The company reported sales of $618.2 million, which is down 7.4% compared to the same period last year. According to the release, the company’s gross margin decreased 7.7% and operating income was down 6.7%, compared to the prior year period.