(Reuters) - The furniture maker expects no significant improvement in
demand this year amid an industrywide sales slump.
The second-quarter loss came to $2.4 million, or 23 cents a
share, compared with earnings of $3.9 million, or 32 cents a
share, a year earlier. The charge, which came to $4.5 million
after taxes, was tied to the termination of a defined benefit
pension plan.
Read more at Reuters.com Market News
demand this year amid an industrywide sales slump.
The second-quarter loss came to $2.4 million, or 23 cents a
share, compared with earnings of $3.9 million, or 32 cents a
share, a year earlier. The charge, which came to $4.5 million
after taxes, was tied to the termination of a defined benefit
pension plan.
Read more at Reuters.com Market News
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