House2Home warns of Q3 decline due to terrorist attacks
IRVINE, Calif. -- House2Home Inc. has warned that sales for the third fiscal quarter ending Oct. 27 have been running approximately 25% to 30% below the rate logged prior to the Sept. 11 terrorist attacks.
This is expected to lead to substantially lower sales and a greater net loss for the quarter and full year than was previously anticipated, the company said. House2Home expects to announce third quarter results in mid-November.