Because we find it interesting, and we keep pretending that you do too, allow us to report once again on the goings-ons at Design Within Reach. This time around, the news isn’t great, they just reported that they’re still losing money, but it’s looking like maybe their massive changes mid-last year might be turning the ship around in the other direction. Here’s from Forbes:
Design Within Reach Inc., a provider of modern design furnishings and accessories, said Thursday it expects to break even in 2007 – a prediction above Wall Street’s expectations.
Analysts polled by Thomson Financial are predicting a 2007 loss of 7 cents per share.
For 2006, the company put its loss at between 57 cents and 59 cents per share.
The company also said it will report sales of about $190 million in 2007, an increase of 7 percent from 2006. That year, the company’s sales were $178 million for the year.