Strong Financial Performance
Sales increased 2% to $760 million, operating profit increased 61%, and EPS increased 240% over prior years.
International Sales Growth
International sales increased 4% on an organic constant currency basis, driven by growth in Australia and Asia.
Successful Debt Reduction
Over $1 billion of debt was paid down last year, and the company refinanced its 2026 maturities in March.
Margin Expansion Achievements
Gross margin increased by 165 basis points to 41.6%, and operating margin expanded by 390 basis points to 10.7%.
New Business Growth
New businesses, including scrubs and loungewear, grew by 60% over the previous year.