Zeev's Turnips Patch-No Politics (ZEEV)

[wstera2]

19:03 ET Furniture Brands reports Q1, guides Q2 and full yr below consensus (FBN) 21.20 +0.20: Reports Q1 (Mar) earnings of $0.52 per share, in line with the Reuters Research consensus of $0.52; revenues fell 3.2% year/year to $613.8 mln vs the $618.8 mln consensus. For Q2, co sees EPS of $0.47-$0.50 (consensus $0.57). FBN now sees full yr EPS of $2.00-2.05 (consensus $2.32). "Based on incoming order trends and discussions with our retail partners, we see no signs of improvement yet in the current business climate for the near term."