Is there method to Furniture Brands'
Earlier this week, the company behind such famed furniture brands (see where the name comes from?) as Thomasville and Broyhill warned that its sales will decline 12% year over year in Q3, and that $0.22 in restructuring and other costs would net it a loss of somewhere between $0.19 and $0.23. But if you recall, the company issued similarly dire warnings just before releasing its Q2 numbers last month -- numbers that turned out to be a heck of a lot better than we were led to believe.
Also meanwhile, Furniture Brands rival, Hooker Furniture