Broder Bros. Reports Lower Net Sales and Net Income

As reported by the Philadelphia Inquirer newspaper, Broder Bros., Trevose, Pa., announced lower net sales and net income for the quarter ended Dec. 30.

The company reported net sales of $240.9 million, down from $263 million for fourth-quarter 2005. Income from operations was $9.3 million, down from $13.3 million. Fourth-quarter 2006 net income was $0.3 million, compared with $2.3 million a year earlier.