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Women's sleepwear company posts Q3 financial results
19 May '08
2 min read
Earnings results were adversely affected by lower net sales, as well as lower gross profit margins, mostly in our apparel divisions, due to rising product costs in Asia."
Mr. Ginsburg continued, "Like others in our industry, we continue to face a difficult retail sales environment, a weakening dollar, and price increases from certain manufacturers of our goods.
However, our financial condition remains strong, and we will continue to actively promote our product offerings and manage our supply chain in an ongoing effort to maintain and enhance our market position."
Mr. Ginsburg continued, "Like others in our industry, we continue to face a difficult retail sales environment, a weakening dollar, and price increases from certain manufacturers of our goods.
However, our financial condition remains strong, and we will continue to actively promote our product offerings and manage our supply chain in an ongoing effort to maintain and enhance our market position."
Jaclyn Inc
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