Furniture Brands International, Inc. · St. Louis, MO United States ·(NYSE: FBN)
Company Description
View Furniture Brands International, Inc. Locations On A US Map
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This link will open in a new window Furniture Brands International runs a furniture-making empire. The company ranks as one of the top US makers of residential furniture. Furniture Brands' subsidiaries offer a line-up of nationally recognized brands, including Broyhill, Lane, Thomasville, and Drexel Heritage, among others. Broyhill makes mid-priced furniture for the bedroom and dining room, as well as other home furnishings. Laneventure (outdoor wicker and teak collections) and Henredon (wood and upholstered pieces) target the premium-priced furniture market. Furniture Brands distributes its products through a network of furniture centers, independent dealers, national and local chains, and department stores. To read the full description, subscribe now.
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Key Furniture Brands International, Inc. Financials
| Company Type | Public - NYSE: FBN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,743.2 |
| 2008 Employees | 8,100 |
Furniture Brands International, Inc. Executives
48 executives listed for Furniture Brands International, Inc.'s St. Louis, MO location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Ralph Scozzafava | Network |
| SVP and CFO | Steven Rolls | Network |
| Chief Marketing Officer | Alexander Hodges | Network |
Competition
Competitive Landscape for Furniture Brands International, Inc.
The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.Top Furniture Brands International, Inc. Competitors
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