Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Canadian office furniture company Inscape goes into red in fourth quarter

Saturday 25 June 2011

Office furniture company Inscape Corp.went into the red in the fourth quarter, on reduced gross margins, higher selling expenses, and a larger loss on derivatives.

The company reported a fourth quarter loss of $206,000, or one cent per share, compared to a profit of $241,000, or two cents per share in the same quarter a year before.

Sales were up to $19.8 million, versus $17.7 million.

The company said reduced gross margins, coupled with higher fixed selling expenses contributed to the net loss.

But Inscape also recorded a larger loss on derivatives than it did in the fourth quarter last year, booking $408,000 in 2011, versus $200,000 in the fourth quarter of 2010.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Monday 22 May 2017 Chybik + Kristof uses 900 plastic chairs to clad Czech furniture showroom

Hundreds of used black plastic chairs cover the facade of this furniture shop, which architecture st

Sunday 21 May 2017 Knoll Inc Announces Quarterly Dividend of $0.15 (KNL)

Knoll Inc (NYSE:KNL) declared a quarterly dividend on Thursday, May 11th. Shareholders of record on

Friday 5 May 2017 HNI Corp (HNI) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

HNI Corp (NYSE:HNI) announced its earnings results on Wednesday. The business services provider repo

Wednesday 3 May 2017 Kimball International, Inc. Reports Third Quarter Results — GAAP Net Income Increases 162% (Non-GA

JASPER, Ind., May 03, 2017 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today annou

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7670 1510