Furniture Brands International Inc. Chairman and CEO W.G. “Mickey” Holliman reaffirmed the company’s second-quarter guidance Wednesday.

Holliman said in a statement, “Business conditions remain as expected from early May when we last commented on current trends.

We are currently in a seasonally challenging period for furniture retailing; nevertheless, net sales are slightly positive versus the year ago period.

“We reaffirm the guidance we gave in early May — net earnings per common share of 29 (cents) to 33 cents including the effect of 3 cents of previously disclosed restructuring, asset impairment and severance charges as well as the effect of 3 cents in increased interest expense due to the upfront recognition of the accounting gain on a cash flow hedge.”

Holliman said Furniture Brands would report its second-quarter results July 26.

St. Louis-based Furniture Brands International Inc. (NYSE: FBN) manufactures furniture under the Thomasville, Henredon, Drexel Heritage, Maitland-Smith, Broyhill and Lane brands.