— Furniture Today,
WOODBURY, N.Y. — Specialty retailer Jennifer Convertibles,

whose stock listing on the American Stock Exchange has been in jeopardy, said it had received a letter from the exchange indicating it is now in compliance with its listing standards.

Jennifer, whose shareholders’ equity had fallen below the Amex minimum, said its shares will no longer be targeted for delisting if it remains in compliance for two consecutive quarters or until July 5.

“We are pleased to have achieved compliance with the Amex requirements one quarter ahead of our initial plan and (we) intend to continue to meet these requirements in the future,” said Harley Greenfield, CEO.

The company owns 164 Jennifer Convertibles and Jennifer Leather stores and licenses another 24 stores.