Broder Reports 4th Quarter Loss

Trevose, Pennsylvania-based Broder Bros. announced its fourth quarter earnings for the fiscal year ending December 29, 2007. The company reported sales totaling $232.7 million, amounting to a $90 million fourth quarter loss—a downturn compared to the $240.9 million in sales and $300,000 profit reported for the same period for the 2006 fiscal year. Annually, the company had sales totaling $929.1 million, down just over $30 million from the prior year, amounting to a $124.1 million dollar loss.