The Company designs, manufactures, sources & markets home rfurnishings through its four operating subsidiaries: Broyhill Furniture Industries, Inc.; Lane Furniture Industries, Inc.; Thomasville Furniture Industries, Inc. & HDM Furniture Industries, Inc.
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The growing number of new house (mortage-poor), has limited spending on higher end home furnishing (not high high or custom). It
will take lower interest rates or a booming economy to turn this bussines upward
over the S&P, but I expect to see this company handle the downward pressure and to track the S&P at a lag, by the 4th quarter.