Office Furniture

WinsLoew Furniture, Inc.

Take a trip down to Pelham, Alabama and you might chance upon WinsLoew Furniture's <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: WLFI)") else Response.Write("(Nasdaq: WLFI)") end if %> main office. The company has three major lines of business: casual furniture, institutional seating products, and ready-to-assemble furniture. Although the company makes chairs, chaise lounges, tables, and umbrellas for the residential and restaurant markets and contract seating for a variety of markets, it is the ready-to-assemble business that is the object of our attention.

WinsLoew provides higher-priced, ergonomically designed "space savers" like computer desks, work stations, and modular units as well as a host of other "promotionally priced" ready-to-assemble products ranging from futons to coffee tables. The company focuses specifically on office furniture wholesalers and catalog firms to sell this line of products, with the futons making it to a few mass merchant accounts.

Latest Financials

For the second quarter ended June 27, WinsLoew earned $0.60 per share on $44.2 million in revenues versus $0.40 per share on $43.9 million a year ago. For the six months, Bush earned $0.71 per share on $73.7 million in sales versus $0.41 per share on $74.9 million in sales a year ago.

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