Thursday, September 14, 2006

more fallout stanly furniture + pier 1

logische folge das auch die immobiliennahen wirtschaftszweige in die eisen gehen.
http://immobilienblasen.blogspot.com/2006/08/fallout-williams-sonoma-wsm.html

stanly furniture
http://biz.yahoo.com/prnews/060913/dcw070.html?.v=38
The Company now anticipates a sales decline of 8% to 10% compared to record shipments of $85.6 million in the third quarter of 2005

earnings per share are now expected to be $.27 to $.29, down from prior guidance of $.38 to $.41, compared to record earnings of $.44 in the third quarter of 2005 (minus 36%)

For total year 2006, sales are now expected to decline 4% to 7% compared to 2005 and diluted earnings per share are now expected to be $1.24 to $1.32 compared to $1.77 for 2005.

"We have not seen any significant change in order trends since Labor Day and we are projecting these business conditions to persist for the remainder of 2006

pier 1
http://biz.yahoo.com/bw/060914/20060914005219.html?.v=1
PIER 1 Q2 SALES DOWN 12.5% AT $370.7M

Total sales declined 12.5% for the second fiscal quarter to $370,698,000, from $423,675,000 in the year-ago quarter, and comparable store sales declined 14.8%.

Year-to-date sales amounted to $746,790,000, down 8.3% from $813,989,000 in the year-ago period, and comparable store sales declined 10.9%.


aus den meldungen geht ausserdem hervor das ende des q2 der markt merklich gekippt ist.

jan-martin

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