Furniture Brands International, Inc. (FBN)

shop1 (97.84) Submitted: 4/23/2008 12:54:24 PM : Start Price: $13.19 FBN Score: +48.38

This company has a lot of problems. From Jan 2005 to Jan 2008, its stock price has dropped 67%. At last report the company showed negative sales growth, negative income, negative EPS, negative return on equity and negative net profit. Right now, investors are contemplating changing board members in hopes that a fresh perspective might help the company improve its performance. Unfortunately, a mere change in the board likely isn't going to help in the short term. With consumers cutting back on spending to compensate for increased fuel costs and increased costs of necessities, its unlikely that consumers are going to devote a lot of income to purchasing furniture. Thus, it is unlikely that FBN will be able to increase sales and profits or improve its financials within the near future. Despite having a dividend and yield of 0.16 (1.18%), an investor would fare better finding another company with solid financials.