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News Flash
Next Inc to file its Form 10-K for fiscal 2007 on Feb 15
12 Feb '08
2 min read
Mr. Robert Budd, the Company's CEO, stated, “We are pleased with the continued substantial improvements in operating margins resulting in profitability for the quarter. We continue to remain focused on working towards improving our sales volumes. Our view of the decrease in sales continues to be that it is not indicative of future sales growth potential because we have turned away high volume, marginal profit business that had high potential to turn into negative profit.
We continue to believe that economic factors impacting the retail apparel segment are playing a material role in our lower sales volume as confirmed by consistent communications with our customers. We continue to review new opportunities to diversify sales into new distribution channels, such as our recent Ladies First announcement made on February 7, 2008.”
We continue to believe that economic factors impacting the retail apparel segment are playing a material role in our lower sales volume as confirmed by consistent communications with our customers. We continue to review new opportunities to diversify sales into new distribution channels, such as our recent Ladies First announcement made on February 7, 2008.”
Next Inc
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