Businessweek

Furniture Brands International Inc. announced that the shareholders at its Annual Meeting held on May 2, 2013, approved amendments to its restated Certificate of Incorporation to effect a reverse stock split of outstanding common stock.

Furniture Brands International Inc. reported impairment charges for the first quarter ended March 30, 2013. For the quarter, the company's impairment of assets, net of recoveries was $1,377,000 against $23,000 a year ago.

Furniture Brands International Inc. announced consolidated unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of $254,727,000 against $287,258,000 a year ago. Loss from operations was $19,033,000 against earnings from operations of $1,435,000 a year ago. Loss before income tax expense was $21,345,000 against earnings before income tax expense of $889,000 a year ago. Net loss was $21,203,000 against net earnings of $379,000 a year ago. Net loss per basic and diluted common share was $0.38 against net income per basic and diluted common share of $0.01 a year ago. Net cash used in operating activities was $11,382,000 against $8,594,000 a year ago. Additions to property, plant, equipment and software were $1,821,000 against $1,389,000 a year ago.

Furniture Brands International Inc. announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on May 03, 2013

Furniture Brands International Inc., Q1 2013 Earnings Call, May 03, 2013