Furniture Brands Reporting False Decline in Sales?

Posted by slone on September 30th, 2007 at 02:47am

Furniture Brands, makers of well known furniture brands such as Broyhill and Thomasville has stated that it’s sales are expected to decline by 12% during the third quarter of 2007. In a previous month they made the same claims, but the final numbers ended up being much better than they had predicted.

It has been said that Furniture Brands is giving unrealistically low figures to analysts with the hopes of surpassing expectations.

Under Furniture News