Broder Bros. Co. Announces Second Quarter 2009 Results
Management sees no reason not to expand its in-stock guarantee to all of its popular products as supply chain improvements increase the quality of its inventory.
Management continues to focus on strengthening operations. Distribution centers and call centers continue to increase both productivity and quality. Fixed costs which were eliminated in the fourth quarter 2008 and first quarter 2009 resulted in $4.1 million of savings in the second quarter 2009. Excess inventory is being depleted through sales at normal margins.