FURNITURE NEWS.(Furniture.com IPO in April)(Brief Article)
HFN: The Weekly Newspaper for the Home Furnishing Network, March, 2000
Furniture.com IPO Set for April
The initial public offering (IPO) from furniture.com has been tentatively scheduled for April 3 or 4, according to Edgar Online. As the first of the home furnishings e-commerce companies to go public, Furniture.com's offering is sure to be the most closely watched furniture IPO in years.
The estimated offering amount is $50 million, according to Edgar Online. Lead underwriter is Goldman Sachs. Shares will be offered on the NASDAQ exchange with the ticker symbol of FURN. Furniture.com filed its intent for an IPO on Jan. 27.
Rowe Earnings Down
The Rowe Cos. reported first-quarter earnings of $2.5 million or $0.18 per diluted share, compared with $3.1 million or $0.21 per diluted share for the same...
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