Stanley Furniture Pre-Announces First Quarter Sales and Profitability Results

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HIGH POINT, N.C.--(BUSINESS WIRE)--Stanley Furniture Company, Inc. (Nasdaq-NGS:STLY) announced today that it expects to report flat first quarter sales from continuing operations and an operating loss driven by the west coast port strike and weather. The company’s sales remained flat with the prior year quarter as backlog from successful fall product introductions shipped. Order rates fell sharply as the quarter progressed due to bad weather mostly in the northeast and mid-Atlantic. "After buil

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