Those reading this may cast doubt over Stanley Furniture Co.'s (NASDAQ:STLY) potential. The company has disappointed consistently for the past few years, while management continues to stick to the "we're turning the ship around" line.
Nevertheless, this time around there does seem to be a real chance to get things, sorted, especially now the company is in the final stages of divesting its Young America brand.
According to Stanley's company website:
…Stanley Furniture was founded in 1924 by Thomas B. Stanley, a farmer-turned-industrialist, who later became Governor of the Commonwealth of Virginia. In 1957… …Like most manufacturing companies started in the early part of the 20th century, Stanley was founded on humble beginnings as the Industrial ...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|