Flexsteel's fiscal '98 earnings climb 26% to $7.6M

Article Abstract:

Flexsteel listed a 26% earnings increase on $236.1 million in sales for its fiscal year ended June 30, 1998, a figure that is up by 8% from the $219.4 million the year before. The upholster making company, which also listed a net income of $7.6 million for the same year, up from $6 million the year before, credited increased sales to enhancements in all product categories. Flexsteel's sales in the fourth quarter ended June 30, 1998 hit $62.6 million, up by 4% from the year before. The company credited the quarter's increase to greater demand for residential upholstery.

Comment:

Listed $236.1 mil in sales for its fiscal year ended 6/30/98, up by 8% from the year before due to improved product categories

Sales, profits & dividends, Office Furniture, Office Furniture (including Fixtures) Manufacturing, Flexsteel Industries Inc., Article

---

24 UFW stores to become The Brick units

Article Abstract:

Canada based furniture retailing giant Brick Group has decided to rename its 24 United Furniture Warehouse stores to the company brand and expand them in the places where the company has no presence. Kim Yost chief executive officer of the company discusses the expansion plans.

Misc. Fabricated Textile Products, Home furnishings industry, United Furniture Warehouse, Brick Warehouse Ltd.

---

Rustic Crafts becomes RCI

Article Abstract:

Rustic Crafts International, a maker of electric fireplaces, has changed its name to RCI Wood Products. The company will keep its Rustic Crafts trade name.

United States, LUMBER AND WOOD PRODUCTS, Wood & Wood Products, Wood Product Manufacturing, Fireplaces, Wood products, Rustic Crafts International, RCI Wood Products

Similar abstracts:

• Abstracts: Flexsteel sales, earnings fall. Flexsteel 2Q sales up 1.2%. Amisco 3Q sales drop 12.7%; earnings take comparable dip
• Abstracts: Havertys sales flat, earnings off 27.2%. Stanley reports 2Q sales increase of 11.1%. Flexsteel sales dip 2.6% in 4th qtr
• Abstracts: Ethan Allen fiscal year earnings jump 46%. Ho Chi Minh City furniture factories at a glance. Ethan Allen offers new finance plan
• Abstracts: LifeStyle relocating to High Point. Levitz remodels New Jersey unit
• Abstracts: At home with a Christmas collector. A coterie of dovecotes

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.