Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Furniture Brands International's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Stock quotes in this article: FBN 

Furniture Brands International, Inc. (FBN)

Q1 2012 Earnings Conference Call

May 03, 2012, 08:30 a.m. ET

Executives

Steve Rolls - SVP and CFO

Ralph Scozzafava - Chairman and CEO

Analysts

Brad Thomas - Keybanc Capital Markets

John Baugh - Stifel Nicolaus

Sam Bergman - Bayberry Asset Management

Chad Bolen - Raymond James

Mike Ogborne - Ogborne Capital Management

Presentation



Operator



Good day ladies and gentlemen and welcome t the Q1 2012 Furniture Brands Earnings Conference Call. My name is [Gruns] and will be your operator for today. At this time all participants are in listen-only mode. (Operator Instructions) As a reminder this call is being recorded for replay purposes.

I’d now like to turn the call over to Steve Rolls, Chief Financial Officer. Please proceed.

Steve Rolls

Thank you. Good morning everyone and thanks for joining us today. I want to take a moment to read the Safe Harbor statement before I go over the financial results of our first quarter. Ralph Scozzafava, our Chairman and Chief Executive Officer will then follow with the discussion of the highlights of the quarter.

I need to remind you that certain comments made during this call may contain forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934. Our actual results and future financial condition may differ materially from those expressed in any such forward-looking statements, as a result of many factors that maybe outside of or control. Please refer to our SEC filings including our Form 10-Qs and Form-10-Ks for a discussion of the major risks and uncertainties that may affect our business.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,335.28 -19.12 -0.12%
NASDAQ 3,496.43 -2.54 -0.07%
S&P 500 1,666.29 -1.18 -0.07%
US 10 Yr 1.965% +0.016

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs