{"id":927,"date":"2013-06-15T08:36:20","date_gmt":"2013-06-15T03:06:20","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2013\/06\/15\/stanley-furniture-lowers-2q-guidance\/"},"modified":"2013-06-15T08:36:20","modified_gmt":"2013-06-15T03:06:20","slug":"stanley-furniture-lowers-2q-guidance","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/stanley-furniture-lowers-2q-guidance\/","title":{"rendered":"Stanley Furniture Lowers 2Q Guidance"},"content":{"rendered":"<p>Stanley Furniture Reduces 2nd-Quarter Guidance Citing Softer Sales<br \/>\n          <!--adsense--><br \/>\nSTANLEYTOWN, Va. (AP) &#8212; Furniture maker Stanley Furniture Co. on Wednesday cut its second-quarter guidance citing weakness in retail furniture activity.<br \/>\n                           <!--more--><br \/>\nThe company said it now anticipates a sales decline of 8 percent to 10 percent compared with shipments of $83.6 million in the year-ago quarter, and cut its earnings per share forecast to 29 cents to 31 cents from a prior forecast of 35 cents to 38 cents. In the year-ago quarter, the company posted a profit of 44 cents per share.<\/p>\n<p>Wall Street analysts expect the company to earn 37 cents per share for the quarter, on revenue of $80.3 million.<\/p>\n<p>The company is slated to report its second-quarter results on July 17.<\/p>\n<p>Shares of Stanley Furniture added 32 cents to close at $22.47 on the Nasdaq.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stanley Furniture Reduces 2nd-Quarter Guidance Citing Softer Sales STANLEYTOWN, Va. (AP) &#8212; Furniture maker Stanley Furniture Co. on Wednesday cut its second-quarter guidance citing weakness in retail furniture activity.<\/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-927","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\/927","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=927"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/927\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}