Jennifer Convertibles enjoys increases in Q2

11/04/2006

US sofabed retailer Jennifer Convertibles, Inc. has posted improved unaudited financial results for the second fiscal quarter, ended February 25.
 

Revenue from continuing operations increased by 31.7% to $33 million from the $25 million reported for the same period last year. For the six-month period, revenue from continuing operations increased 24.1% to $68.8 million from the $55.4 reported in the same period last year.
 

Jennifer Convertibles is said to own the largest group of sofabed retail stores in the United States, with 176 Jennifer Convertibles stores and 16 Jennifer Leather stores.