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Rick Roth Page 23

Gildan Announces Stock Buyback

The Gildan announcement goes as follows from their press release this morning: “Gildan Activewear Announces Plan to Buy Back Shares Through Private Agreements Montreal, February 28, 2017 – Gildan Activewear Inc. (GIL: TSX and NYSE) announced today that it intends to purchase for cancellation up to 877,000 of its common shares pursuant to one or…

Misprint Monday: Why is the Ink Cracking?

I got a request last week to help someone figure out why their ink cracked. They thought it was the shirts. I have never seen a shirt that would cause the ink to crack all by itself. There is always an ink solution for cracking. WHAT CAUSES INK TO CRACK? Primarily the cause of the ink cracking…

Favorite Shirts

Most of you reading this post are like me, you make your living selling and/or printing t-shirts. It is nice to remember that besides money we make people very happy with our work sometimes. I saw my old friend Matt Gauland yesterday and he talked about how he loves his piles of t-shirts. He recently…

Gildan Announces 4th Qtr and 2016 Earnings

Gildan released 4th Qtr and full 2016 earnings and their forecasts for 2017. In their own words: Net sales growth of 8.1% in the fourth quarter GAAP diluted EPS and Adjusted diluted EPS of $0.32, both up 14% compared to Q4 2015 2017 Adjusted diluted EPS guidance of $1.60-$1.70, representing 9% growth over 2016 at…

Let’s Chat. A Unique Interface with Customers

Spin Ink Screen Printing has a unique approach to sales. If you get on their website, a chat window opens up. The four of them on the sales team take turns answering customer inquiries this way. Owner Jon Weizman said he was on a utility site with a chat function and got the idea to…

Misprint Monday: What Could Go Wrong?

In a discussion on a Facebook Group “Screen Print Pros” there was a thread about how much to charge for a 30K piece one color job. I think most of the replies were about prices that were too low. One of the first replies I made was that if you do the job for basically…

Sanmar and Alphabroder Working Together?

I have to say this is unprecedented. Alphabroder and Sanmar issued a joint statement today, I have never seen them cooperate on anything. Also unprecedented is their call for congressional action, I have not ever seen that from shirt distributors in the past 25 years. What they are calling for is for folks to fight…

Rave On. Blacklight Ink

We discovered a cool Union Ink product this week called Black Light Clear. It is transparent when printed but glows under blacklight. We printed a normal ink and then printed the clear over it. It glows under blacklight. Rave On!

And the Winner is…Oops!

Apparently a retail outlet got ahead of themselves and put out Falcon Super Bowl Champion merchandise before the game was over. The Atlanta owner came down to the field before the game was over to join the uh… celebration? These were not good moves. My company has printed lots of championship shirts and we have…

Victory Shirts

Winning the Super Bowl means getting a Super Bowl ring (NFL pays for 150 of them at $7K ea.,) kissing the championship Lombardi trophy (#%&* the germs,) a check for $107,000, a parade (in Boston that means riding on a duck boat,) and getting a t-shirt. Funny how getting a t-shirt is part of it…

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