Brief: Stanley Furniture announces third quarter 2015 results

HG Holdings

27/10/2015 20:42

Oct 27 (Reuters) - Stanley Furniture Company Inc  STLY.O : 
 * Announces third quarter 2015 results 
 * Q3 sales fell 1.2 percent to $13.8 million 
 * Elects Ian Lapey as chairman of the board 
 * Q3 earnings per share $0.03 
 * Initial production runs of Stone & Leigh at facility producing adult line 
   introductions caused disruption to shipments in Q3 
 * Says Lapey replaces Michael Haley, who has served as chairman since January 
   2011 
 * Says Haley will remain a director on the board 
 
 * Source text for Eikon  ID:nBwbPnQpTa  
 
 * Further company coverage  STLY.O  
 
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