(Reuters) - The furniture maker said it expected sluggish retail
conditions to continue through the summer, but added that
profitability should improve during the current year, which
ends Feb. 3, 2008, because of cost cuts and lower expenses.
Net income for the 13 weeks ended April 29 was $4.3
million, or 33 cents a share, down from $5.8 million, or 49
cents a share, for the three-months year-earlier period.
Read more at Reuters.com Market News
conditions to continue through the summer, but added that
profitability should improve during the current year, which
ends Feb. 3, 2008, because of cost cuts and lower expenses.
Net income for the 13 weeks ended April 29 was $4.3
million, or 33 cents a share, down from $5.8 million, or 49
cents a share, for the three-months year-earlier period.
Read more at Reuters.com Market News
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