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Financial results
By Furniture Today Staff -- Furniture Today, September 30, 2001
| Quarter ended 7/27 | 2001 | 2000 | Change |
|---|---|---|---|
| Sales | $544,888,000 | $385,070,000 | 41.5% |
| Operating income | 63,262,000 | 47,732,000 | 32.5% |
| Net income | 25,502,000 | 25,466,000 | 0.1% |
| Earnings per share (a) | 0.51 | 0.59 | (13.6%) |
| 9 months ended 7/27 | 2001 | 2000 | Change |
| Sales | $1,395,613,000 | $1,101,521,000 | 26.7% |
| Operating income | 143,658,000 | 117,528,000 | 22.2% |
| Net income | 48,996,000 | (b)62,292,000 | (21.3%) |
| Earnings per share (a) | 1.08 | 1.44 | (25.0%) |
| (a) Based on average shares outstanding of 50.2 million in the 2001 quarter, 43.1 million in the 2000 quarter, 45.3 million in the 2001 nine months and 43.3 million in the 2000 nine months. (b) Includes a $1.2 million pretax restructuring charge. | |||
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