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Financial results

By Furniture Today Staff -- Furniture Today, February 2, 2003

Knape & Vogt
Earnings per share are fully diluted, and all figures in parentheses are losses or declines.
Quarter ended 12/28 2002 2001 Change
(a) Includes a $271,325 pretax charge for severance costs.
Sales $30,219,890 $31,153,767 (3.0%)
Operating income 1,659,205 1,471,015 12.8%
Net income 851,728 744,500 14.4%
Earnings per share 0.19 0.16 18.8%
6 months ended 12/28 2002 2001 Change
Sales $61,218,080 $64,242,959 (4.7%)
Operating income 2,562,693 3,241,713 (20.9%)
Net income (a)1,046,691 1,650,128 (36.6%)
Earnings per share 0.23 0.36 (36.1%)
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