Consistent with its April 17 preliminary announcement, Furniture Brands International announced net earnings from continuing operations for the period ended March 31, 2008 of $3.7 million, or $0.08 per diluted common share compared to $1.3 million or $0.03 per diluted common share in the first quarter of 2007.
Quarterly Dividend Declared: The Board of Directors declared a quarterly dividend of $0.04 per common share payable May 23, 2008 to shareholders of record at the close of business on May 12, 2008.
Upcoming Investor Events:
A conference call will be held to discuss first quarter results at 7:30 a.m. (Central Time) on May 1, 2008. The call can be accessed in Upcoming Investor Events on the company's website at furniturebrands.com under "Investor Info". Access to the call and the release will be archived for one year.
The company will hold its annual meeting of stockholders at 10:00 am (Central Time) on May 1, 2008 in St. Louis. Because election of certain directors is being contested, a final reconciliation of the election will require the authentication of a special inspector of elections. The final results of the stockholder voting are expected to be announced on or before May 20, 2008.