Jennifer Convertibles revenues drop 8.5%
11/01/2007
US leather furniture and sofa bed retailer Jennifer Convertibles Inc.’s first quarter revenues from continuing operations, ended November 30, decreased by 8.5% to $32.7 million, down from $35.7 million in the same quarter of 2005. The company posted a net loss for the quarter of $637,000 compared with a net income of $848,000.
The company owns or licenses 16 Jennifer Leather stores and 171 Jennifer Convertibles sofa bed stores.
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