USA: Corporate Apparel Giant Posts Q2 Earnings Rise
Leading US corporate apparel services firm G&K Services Inc on Tuesday said a 19 per cent rise in second quarter earnings rose was partly due to improved plant productivity and lower energy and merchandise costs. The Minneapolis-based firm, which makes, rents and sells uniforms for over 100,000 customers, reported net income of $9.5 million, or 46 cents a share, in the quarter ended December 29, 2001, compared with $8m, or 39 cents a share in 2000.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Steps to piloting living wage in garment factories
- How to ensure sustainability is more than a slogan
- Trump blows the case for Brexit out of the water
- US apparel retailers' November 2016 sales roundup
- Duty-free trade key to build Africa supply chains
- US Q3 in brief – Destination Maternity, Cherokee
- Taiwan textile maker investing in first US plant
- Outdoor apparel sector set for double-digit growth
- Myanmar garment industry "lacking labour rights"
- Esquel efficiency drive continues to boost brands