Last $2.75 USD
Change Today -0.01 / -0.36%
Volume 3.1K
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As of 8:10 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

stanley furniture co inc (STLY) Key Developments

Stanley Furniture Co. Inc. expected to report Q2 2014 results on July 14, 2014. This event was calculated by Capital IQ (Created on June 30, 2014).

Stanley Furniture Co. Inc. expected to report Q2 2014 results on July 14, 2014. This event was calculated by Capital IQ (Created on June 30, 2014).

Stanley Furniture Co. Inc. Announces Change of Auditors

On April 29, 2014, the Audit Committee of the Board of Directors of Stanley Furniture Company Inc. approved the engagement of BDO USA, LLP as the company's principal independent registered public accountant to audit the company's financial statements for the fiscal year ended December 31, 2014. As a result, on April 29, 2014, the company dismissed PricewaterhouseCoopers LLP, as the company's principal independent registered public accountants effective upon completion of PricewaterhouseCoopers LLP review of the Company's first quarter financial statements.

Stanley Furniture Co. Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 29, 2014

Stanley Furniture Co. Inc. reported unaudited consolidated earnings results for the first quarter ended March 29, 2014. For the quarter, the company’s net sales of $21,891,000, a 16% decrease compared to $26,052,000 a year ago. Operating loss was $4,025,000 against $1,472,000 a year ago. Loss before income taxes was $4,420,000 against $2,101,000 a year ago. Net loss was $4,410,000 or $0.31 per diluted share against $2,094,000 or $0.15 per diluted share a year ago. Adjusted operating loss was $2,847,000 compared to $1,212,000 a year ago. Adjusted net loss was $3,232,000 compared to $1,834,000 a year ago. Adjusted diluted EPS was $0.23 compared to $0.13 a year ago. Net cash used by operating activities was $2,126,000 compared to $7,027,000 a year ago. Capital expenditures were $51,000 compared to $1,151,000 a year ago.

Stanley Furniture Co. Inc. Announces Delay in Release of First Quarter 2014 Results

Stanley Furniture Co. Inc. announced that to allow for sufficient evaluation of restructuring charges, the company will delay its release of first quarter results until after market closes on April 30, 2014.

Stanley Furniture Co. Inc., Q1 2014 Earnings Call, May 01, 2014

Stanley Furniture Co. Inc., Q1 2014 Earnings Call, May 01, 2014

 

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Company Last Change
Bassett Furniture Industries Inc $15.71 USD -0.02
Flexsteel Industries Inc $32.83 USD -0.23
Hooker Furniture Corp $15.92 USD +0.21
Natuzzi SpA $2.39 USD +0.06
Nova Lifestyle Inc $4.58 USD +0.11
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