Home / Knowledge / News / Textiles / Sales declines at Ruddick's thread & technical textiles subsidiary
Sales declines at Ruddick's thread & technical textiles subsidiary
02
Nov '09
Ruddick Corporation reported that consolidated sales for fiscal 2009 increased by 2.1% to $4.08 billion from $3.99 billion in fiscal 2008. Consolidated sales for the fiscal fourth quarter ended September 27, 2009 increased by 2.1% to $1.05 billion from $1.03 billion in the fourth quarter of fiscal 2008. The increase in consolidated sales for the year and quarter was attributable to sales increases at Harris Teeter, the Company's supermarket subsidiary, that were partially offset by sales declines at American & Efird (“A&E”), the Company's sewing thread and technical textiles subsidiary.

The Company reported that consolidated net income for fiscal 2009 was $86.0 million, or $1.78 per diluted share, as compared to $96.8 million, or $2.00 per diluted share reported for fiscal 2008. For the fiscal fourth quarter ended September 27, 2009, consolidated net income was $23.6 million, or $0.49 per diluted share, as compared to $24.8 million, or $0.51 per diluted share, in the fourth quarter of fiscal 2008.

Click here for more details.

Ruddick Corporation


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search