Loft Style, Modern Living, style and furniture: Knoll, Inc. Reports Strong Start to 2006

The Loft Style Blog was created to give Modernist a way to view the latest in Furniture, Urban Dwellings and Style, in and around major metropolitan areas.

Tuesday, April 25, 2006

Knoll, Inc. Reports Strong Start to 2006

Knoll, Inc.
(NYSE: KNL) today announced results for the first quarter ended March 31,
2006. Net sales were $218.1 million for the quarter, an increase of 21.8%
from first quarter 2005. Operating income was $21.9 million, an increase of
28.8% from the first quarter 2005, net income was $10.2 million, an
increase of 47.8% over the first quarter 2005, and adjusted earnings per
share was $0.20 compared to earnings per share of $0.13 in the prior year.
Quarter ending backlog was $174.1 million, an increase of 48.6% over first
quarter 2005. Read More:

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