US sofabed retailer Jennifer Convertibles, Inc. has posted unaudited financial results for the third fiscal quarter, ended May 27, when the company generated net income of $2,245,000 compared with $1,373,000 for the same period last year. For the nine-month period, net income was $3,646,000 compared with a net loss of $6,455,000 for the same period last year.

Jennifer Convertibles is said to own the largest group of sofabed retail stores in the United States, with 175 Jennifer Convertibles stores and 16 Jennifer Leather stores.