Stanley Furniture Lowers Outlook

Jul 14, 2008 (EarningsWhispers Guidance Summaries via Comtex) -- STLY | Quote | Chart | News | PowerRating -- Stanley Furniture Company Inc. (NASDAQ: STLY | Quote | Chart | News | PowerRating) said it expects a third quarter loss of $0.09 to $0.05 per share on revenue of $53.0 million to $57.0 million. The current consensus earnings estimate is $0.10 per share on revenue of $62.2 million for the quarter ending September 30, 2008. The company also said it now expects 2008 results to range from a loss of $0.03 per share to earnings of $0.07 per share, excluding restructuring charges of $0.32 to $0.43 per share, on revenue of $230.0 million to $237.0 million. The company's previous guidance was earnings of $0.27 to $0.38 per share on revenue of $233.0 million to $243.0 million and the current consensus earnings estimate is $0.32 per share on revenue of $240.3 million for the year ending December 31, 2008.

This earnings guidance summary was provided by EarningsWhispers, a leading provider of earnings expectations - including corporate guidance announcements and analysts' expectations that differ from published estimates. http://www.earningswhispers.com

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