Stanley Furniture Co. Inc. (STLY) reported net loss of $1.28 million or $0.12 per share for the fourth quarter, compared to a profit of $6.25 million or $0.60 per share in the year-ago quarter.
Net sales for the quarter declined to $39.91 million from $50.36 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report loss of $0.37 per share on revenue of $38.79 million for the quarter. Analysts' estimates typically exclude special items.
For full year, net loss was $11.75 million or $1.14 per share, compared to an income of $3.74 million or $0.36 per share in the previous year.
Net sales for the year was $160.45 million, down from $226.52 million a year earlier.
Analysts expected the company to report loss of $1.31 per share on revenues of $159.34 million for full year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.