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Strategies & Market Trends : The Dog Ate My Homework

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To: flint who started this subject	5/3/2003 11:32:51 AM
From: flint	of 11

COA $13.25 S&P500 930.08 Claire C. Skinner, Chairman, Chief Executive Officer and President, remarked, "The challenges in the marketplace increased during the first quarter as a result of both the economy and military action in Iraq. The resulting consumer confidence levels were near historic lows, which affected demand in both our business segments. While we managed through those factors, we were unable to circumvent the impact of poor weather conditions in the geographic areas where we operate our housing units. In our housing subsidiaries, we estimate that weather alone caused just short of $7 million of sales to be held up in finished goods inventory during the quarter, with a corresponding disappointment in profits. quote.bloomberg.com Flint

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