Stanley Furniture Co. Inc. Provides Earnings Guidance for the Fourth Quarter of 2014 and Full Year of 2015
January 09, 2015 at 01:28 pm
Share
Stanley Furniture Co. Inc. announced that it expects to report fourth quarter of 2014 sales growth from continuing operations of more than 15% year-over-year and growth in the low single digits for total year 2014. The fourth quarter is expected to be the fourth consecutive sequential quarter of improved operating results and the company expects to be profitable at the operating level.
In 2015, the company expects to continue to maintain a healthy balance sheet, grow revenues, expand margins and generate positive net income. It expects to execute its current strategy offering diversified product lines through multiple channels of distribution while executing an efficient sourcing model and further developing the Stanley Furniture brand in the global marketplace.
HG Holdings, Inc. is engaged in the business of providing title insurance and tile agency services. The Company's segments include title insurance, real estate, reinsurance, and management services. The title insurance segment issues title insurance policies and provides title agency services for residential and commercial real estate transactions. This segment also provides closing and/or escrow services to facilitate real estate transactions. The real estate segment is engaged in rental real estate through its equity investment in HC Realty. The management services segment, through its subsidiary, HG Managing Agency, LLC, is engaged in providing various management advisory services such as legal entity formation, licensure, regulatory approval, assumption of policies, and other general operational services. Its subsidiaries include National Consumer Title Insurance Company; National Consumer Title Group, LLC; Title Agency Ventures, LLC, and HG Managing Agency, LLC.
HG HOLDINGS, INC. 
