New business for Next

US sportswear maker Next this week reported that its largest national retail customers placed additional orders for second quarter delivery of greater than USD 2 million, a significant increase over prior year. In a press release the company said it expects to report net income and positive earnings per share in the second quarter.

Mr. Dan Cooke, Chairman of the Board and CEO, stated: "The positive results are representative of the significant planning and efforts taken by the Company's management and employees to enhance the Company's revenue base and increase shareholder value. During fiscal year 2003, we expect the Company to continue its significant internal growth trend, report positive net income and further expand through acquisitions."