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Although earnings were higher than expected for their lowest-revenue quarter, growth was hampered by the increasing price of cotton, a 9.3 percent decline in the sale of socks, and costs associated with a new distribution center in Charleston, S.C, according to a press release issued by the company.
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Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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