Q3 revenues slip at Jennifer Convertibles
12/07/2007
US-based leather furniture company Jennifer Convertibles, Inc. has posted a decline in unaudited revenues for its third quarter ended May 26.
Revenues for the quarter decreased 6.3% to $33.3 million from $35.5 million in the same period last year, while net income was $1.6 million compared with $2.2 million.
For the first nine months of 2007, revenues decreased 4.5% to $99.4 million from $104.1 in the prior-year period, and net income was $2.2 million compared with $3.6 million.