{"id":1397,"date":"2013-07-27T09:18:26","date_gmt":"2013-07-27T03:48:26","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2013\/07\/27\/update-1-furniture-brands-2nd-qtr-profit-rose\/"},"modified":"2013-07-27T09:18:26","modified_gmt":"2013-07-27T03:48:26","slug":"update-1-furniture-brands-2nd-qtr-profit-rose","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/update-1-furniture-brands-2nd-qtr-profit-rose\/","title":{"rendered":"UPDATE 1-Furniture Brands 2nd-qtr profit rose"},"content":{"rendered":"<p>NEW YORK, July 26 (Reuters) &#8211; Furniture Brands International Inc. (FBN.N: Quote, Profile, Research) on Wednesday said quarterly profit rose, as higher sales helped offset the impact of charges.<br \/>\n                        <!--adsense--><br \/>\n\t\t <!--more--><br \/>\n The maker of Thomasville, Broyhill, Henredon and other brands had earnings of $17.0 million, or 35 cents a share, compared with $9.6 million, or 18 cents a share, a year earlier.<\/p>\n<p> The company said the latest quarter&#8217;s results included restructuring, asset impairment and severance charges of 1 cent per share as well as 2 cents per share in increased expense related to interest rate swaps.<\/p>\n<p> Net sales rose to $601.3 million from $593.8 million a year ago.<\/p>\n<p> For the third quarter, the company forecast earnings of 18 cents to 22 cents per share, including 7 cents per share in charges and 3 cents per share related to the interest rate swaps.<\/p>\n<p> The company also said it expects net sales to rise by a low-single digit percentage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, July 26 (Reuters) &#8211; Furniture Brands International Inc. (FBN.N: Quote, Profile, Research) on Wednesday said quarterly profit rose, as higher sales helped offset the impact of charges.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1397","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/1397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=1397"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/1397\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=1397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=1397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=1397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}