Stanley Furniture (STLY) Tops Q1 EPS by 23c

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Go back to Stanley Furniture (STLY) Tops Q1 EPS by 23c

Stanley Furniture Announces First Quarter 2015 Results

May 4, 2015 4:19 PM EDT

HIGH POINT, N.C.--(BUSINESS WIRE)-- Stanley Furniture Company, Inc. (Nasdaq-NGS:STLY) today reported sales and operating results for the first quarter of 2015.

After exiting the previous quarter ended December 31, 2014 with strong sales momentum and an operating profit, inclement weather, the West Coast port strike and the negative impact of a strong US dollar on international orders contributed to flat sales and an operating loss for the first quarter of 2015.

It was disappointing to lose the momentum we were building as we began the year due to factors outside of our control, but the initiatives... More