×
0 0 -0.0471936876581808 -0.0471936876581808 -0.0745868691380081 -0.181182075331249 -0.106744082179545 -0.106744082179545
Stockreport

Stanley Furniture update results, revises sale agreement [Seeking Alpha]

HG HOLDINGS (STLY)  More Company Research Source: Seeking Alpha
PDF Stanley Furniture update results, revises sale agreementStanley Furniture (NASDAQ:STLY) posts preliminary results for Q4.The company expects to report sales of ~$11.9M and a net loss of ~$6.7M.which includes receipt of $433,000 in CDSOA proceeds.Management says most of the net loss was attributable to non-recurring charges, including ~$3.3M in charges for obsolete and slow-moving inventory, ~$1.7M in charges relating to the departure of the company’s former CEO and two directors and ~$800K of transaction expenses in connection with the proposed sale of assets.In another update, Stanley say it entered into a sale amendment with Churchill Downs LLC providing for a revised purchase price of $18.4M and a 5% equity interest in the post-closing parent company.STLY is--19.512% to $0.66Source:Press ReleaseClick to subscribe to real-time analytics on STLY [Read more]

IMPACT SNAPSHOT EVENT TIME: STLY
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
STLY alerts
from News Quantified