Key Developments: Stanley Furniture Company Inc (STLY.O)
4.00USD
14 Jun 2013
$-0.04 (-0.99%)
$4.04
$4.02
$4.14
$3.95
40,931
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$5.00
$3.72
Latest Key Developments (Source: Significant Developments)
Stanley Furniture Co. Issues Q3 2012 Revenue Guidance In Line With Analysts' Estimates; Comments On Q3 2012 Earning Guidance
Stanley Furniture Co. announced that for third quarter of 2012, it expects slight increase in net sales from the prior year third quarter and a further reduction in operating losses. The Company reported revenue of $26.05 million for third quarter of 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $27.50 million and EBIT of $(0.41) million for third quarter of 2012. Full Article
Stanley Furniture Co. Announces Share Repurchase Program
Stanley Furniture Co. announced that its Board of Directors has approved a new authorization for the Company to acquire up to $5.0 million of its common stock. These repurchases may be made from time to time in the open market, in privately negotiated transactions, or otherwise, at prices that the Company deems appropriate. Full Article
Stanley Furniture Co. Issues Q2 2012 Revenue Guidance Below Analysts' Estimates; Comments On Q2 2012 Operating Profit Guidance
Stanley Furniture Co. announced that for the second quarter of 2012, it expects net sales to be down slightly from prior year and expects a continued narrowing of operating losses. The Company reported revenues of $27.39 million in the second quarter of 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $28.19 million and operating profit of $(0.79) for the second quarter of 2012. Full Article
Stanley Furniture Co. Issues Q4, FY 2011 Revenue Guidance Below Analysts' Estimates-Conference Call
Stanley Furniture Co. announced that for fourth quarter of 2011, it expects it to be similar to the second quarter of 2011. For Fiscal 2011, it expects revenue to be in the $106 million to $108 million range. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $31 million for the fourth quarter of 2011 and $113 million for fiscal 2011. Full Article
Stanley Furniture Co. Comments On Q3 2011 Revenue Guidance-Conference Call
Stanley Furniture Co. announced that the Company don't have reason to anticipate that the top-line will grow in the third quarter of 2011, but the Company is confident in its ability to continue making significant financial improvements, even if sales stay flat. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $33.85 million for the third quarter of 2011. Full Article
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