GRAND RAPIDS, Mich. (WOOD) - West Michigan furniture giant Herman Miller announced The quarter financial information today, including a decrease of 28.5% in consolidated net sales.

The 28.5% decrease in net sales is compared to the same period last year. Total consolidated net sales for the quarter were $354.4 million.

Sales dropped 25.6% from the previous quarter.

Due to the drop in sales, the company adjusted labor, overhead, and operating expenses.

Including restructuring costs of $23.4 million over the quarter, earnings per share dropped 10 cents compared to an increase of 65 cents during the same period last year.

During the quarter, Herman Miller also generated $18.7 million in cash flow from operations, increasing its cash balance to $172.4 million.

In a statement from the company, Chief Executive Officer Brian Walker said "As we expected, business levels continued to decline with the overall economic stagnation that occurred during the quarter. Fortunately, our management teams were once again out in front of the rapid change and moved quickly to modify our cost structure and strengthen our cash position. Our people remain motivated and focused on the most important ways to serve our customers and improve our operating performance. We continue to challenge ourselves to find faster and more efficient methods to improve our position in the market and take advantage of competitive opportunities."

The company plans to continue with cost-cutting measures in the future, and expects to reduce quarterly operating expense levels by about 26% compared to fiscal 2008.

Financial information will be discussed on a webcast on :www.officehomefurnitures.com site at 9:30 this morning.