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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.