USA: Gerber Childrenswear Q2 Results Lower Than Expected
Gerber Childrenswear, Inc yesterday announced that as a result of current economic conditions and short-term business trends, it now expects revenue and earnings per share for the second quarter and full year to be lower than previously anticipated. Due primarily to the weak retail environment and a continued slowdown in consumer spending, the company is expecting net sales for the second quarter ended June 30, 2001 to total approximately $49m and earnings per diluted share to range between $0.05 and $0.07. For the full year, the company currently anticipates net sales will range between $210m to $225m and earnings per diluted share will be between $0.65 and $0.75.
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 17 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
Help test our new apparel sourcing tool.
- Outlook 2017 – What next for apparel sourcing?
- Outlook 2017 – What else is the industry watching?
- Outlook 2017 – Strategies for sourcing success
- Is China about to burst its apparel trade bubble?
- $1.7bn package to boost Pakistan clothing exports
- M&S quality focus finally lifts clothing sales
- MAS Holdings planning second industrial park
- Sri Lanka on track to regain EU GSP+ benefits
- 22 dos and dont's – When sourcing goes wrong
- Aéropostale to reopen 500 stores across the US
- Global apparel markets: product developments and innovations, October 2016
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022
- Anti-odour clothing: fresh fashion for an active lifestyle
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar