Industry News:
- On May 16, 2012 it was reported that Chromcraft Revington's first-quarter sales were up 11.3% from the same period a year earlier. The manufacturer and importer reported sales of $13.9 million, up from $12.5 million a year ago. It posted a loss of $746,000 for the quarter, compared with a loss of $1.8 million a year ago.
- On May 8, 2012 it was reported that Furniture Brands International said it is promoting Vance Johnston to senior VP and Chief Financial Officer, effective May 18, to replace current CFO Steven Rolls, who is resigning. In a filing with the Securities and Exchange Commission, the company also said that Jon Botsford, its general counsel and corporate secretary, also is resigning May 18. A replacement was not named.
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