Blair Corporation reports Q4 high income, sales down
13 Feb '06
3 min read
John Zawacki, President and CEO, said, "The positive net results for 2005 lend further credence to the success of Blair's strategic plan to focus on its core customer base and better position itself for future growth. The repurchase of over four million shares of stock and the doubling of the regular quarterly dividend reflect our confidence in the Company and commitment to further enhance shareholder value. We are pleased that our continuing efforts to expand internal product development and direct sourcing have played a significant role in the reduction of cost of goods sold. Blair is well positioned to expand its position as the premier direct marketer to value-conscious consumers."
Headquartered in Warren, Pennsylvania, Blair Corporation sells a broad range of women's and men's apparel and home products. It employs approx. 2,000 associates worldwide and operates facilities and retail outlets in Northwestern Pennsylvania as well as a catalog outlet in Wilmington, Delaware.
marketing@alchempro.com
