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Post a commentBroder Bros.’ revenue down 24%
Broder Bros. Co., a privately held activewear wholesaler in Trevose, said it lost market share for the second quarter in a row, as its shipments fell nearly twice as fast as the overall industry's.
Broder Bros.' revenue fell 24 percent in the quarter ended Sept. 26 to $193 million from $252.3 million in the comparable period a year ago.
The company's loss increased to $1.4 million from $900,000. Broder Bros. barely escaped bankruptcy in the spring, when it completed a debt exchange that gave creditors 96 percent of the stock in the company. - Harold Brubaker
