Forward-looking statements made today are as of the date of this call; we do not undertake any obligation to update our forward-looking statements. We do not have a copy of today’s press release and may obtain one along with copies of prior press releases and past SEC filings. I linked it through to the Investor Relations page of our website on FurnitureBrands.com.Now onto our financial results. As reported in this morning’s press release total sales were 287.3 million for the first quarter, decrease of 3.6% from the same period last year. Gross profit for the first quarter 2012 was 71.4 million and gross margin was 24.9% as compared to 77.5 million in gross profit, and 26% gross margin in the first quarter of last year.
Furniture Brands International's CEO Discusses Q1 2012 Results - Earnings Call Transcript
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