Montreal-based T-shirts maker expects Q2 EPS of $0.35
30 Apr '08
2 min read
In addition, the Company expects to be negatively impacted by higher than projected increases in freight and energy costs in the second half of the fiscal year. These factors are expected to be partially moderated by the impact of assumed more favourable selling prices in the U.S. screenprint channel in the third and fourth fiscal quarters, as a result of a recently announced selling price increase.
Management remains confident in the Company's growth strategy and long-term competitive advantages, and is confident that during the second half of the fiscal year it will successfully resolve the operational issues which are curtailing its EPS growth in fiscal 2008.