Paxar Corporation posts slight loss on lower sales in Q4
16 Feb '06
3 min read
He continued, "As reported to you last quarter, we have initiated a broad strategic plan that will enable us to optimize capacity utilization, drive product innovation and increase our leading global market share. The company will be shifting most of its domestic apparel production to locations closer to our customer base over the next 12 to 24 months. Our focus is to drive shareholder value."
The company expects 2006 sales of $820 million to $840 million, and earnings per share to be in the range of $1.13 to $1.23, before the adoption of FAS 123(R) and excluding restructuring and other non-recurring costs.
Paxar Corporation is a global leader in providing identification solutions to the retail and apparel industry, worldwide.
marketing@alchempro.com
