{"id":851,"date":"2013-06-08T08:35:18","date_gmt":"2013-06-08T03:05:18","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2013\/06\/08\/furniture-brands-ceo-reaffirms-q2-guidance\/"},"modified":"2013-06-08T08:35:18","modified_gmt":"2013-06-08T03:05:18","slug":"furniture-brands-ceo-reaffirms-q2-guidance","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/furniture-brands-ceo-reaffirms-q2-guidance\/","title":{"rendered":"Furniture Brands CEO reaffirms Q2 guidance"},"content":{"rendered":"<p>Furniture Brands International Inc. Chairman and CEO W.G. &#8220;Mickey&#8221; Holliman reaffirmed the company&#8217;s second-quarter guidance Wednesday.<br \/>\n     <!--adsense--><br \/>\n Holliman said in a statement, &#8220;Business conditions remain as expected from early May when we last commented on current trends.<br \/>\n     <!--more--><br \/>\nWe are currently in a seasonally challenging period for furniture retailing; nevertheless, net sales are slightly positive versus the year ago period.<\/p>\n<p> &#8220;We reaffirm the guidance we gave in early May &#8212; 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.&#8221;<\/p>\n<p> Holliman said Furniture Brands would report its second-quarter results July 26.<\/p>\n<p> St. Louis-based Furniture Brands International Inc. (NYSE: FBN) manufactures furniture under the Thomasville, Henredon, Drexel Heritage, Maitland-Smith, Broyhill and Lane brands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Furniture Brands International Inc. Chairman and CEO W.G. &#8220;Mickey&#8221; Holliman reaffirmed the company&#8217;s second-quarter guidance Wednesday. Holliman said in a statement, &#8220;Business conditions remain as expected from early May when we last commented on current trends.<\/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-851","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\/851","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=851"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/851\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}