ORANGE COUNTY EARNINGS
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Krause’s Furniture Inc.: The Brea furniture manufacturer and retailer posted a net loss of $1.9 million, or 10 cents a share, for the first quarter ended May 3, compared with a net loss of $1.6 million, or 8 cents a share, for the first quarter last year. Sales increased 13% to $31.3 million from $27.6 million. The company opened three new stores during the quarter.
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