TITLE

Quaker Fabric Reports $17.2 Million '05 Loss

AUTHOR(S)
HOGSETT, DON
PUB. DATE
February 2006
SOURCE
Home Textiles Today;2/20/2006, Vol. 27 Issue 21, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Quaker Fabric Corp. has revealed a total loss of $17.2 million for the year 2005 due to a drastic decline in sales and thinning margins. The home textiles company was badly hit by steadily increasing imports. Quarterly sales declined by 26.3 percent to $50.1 million compared to $68.0 million last year.
ACCESSION #
19854713

 

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