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Falcon Products Inc.


Falcon Products Inc. of St. Louis, MO, announced that it anticipates second fiscal quarter revenues to be approximately $73 million, a drop from $79.5 million in the second quarter of 2000. It also said it expects to report a small secondquarter loss. Falcon Chairman and CEO Franklin A. Jacobs said "The hospitality portion of our business was soft during the quarter, amplifying the trend we experienced during the first quarter of this year, and our sales in this market declined more than 10%."

COPYRIGHT 2001 Vance Publishing Corp.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Wood & Wood Products
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 1, 2001
Words:84
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