A strong management team and attractive store economics gives us the confidence Kuhlman is positioned to grow profitably and rapidly.
They look forward to the company executing on their vision of providing affordable luxury apparel to the masses."
The Company continues to make investments in both personnel and systems to conduct its new store roll-out plan and to grow its wholesale operations.
The Company noted that, including the newly issued shares, that total shares outstanding are approximately 22.3 million.
Kuhlman is a specialty retailer and wholesale provider of both men's and women's apparel, offered under the Kuhlman brand through company-owned retail stores and under private labels through other large retailers.
Kuhlman opened its first retail store in July 2003 and now operates fifty two (52) retail stores in 19 states.
Kuhlman has approximately 250 employees and its corporate office is located in Minneapolis.