Cone Mills affirms 3Q earnings guidance
September 24, 2002,
Greensboro, NC — In light of recent uncertainty in capital markets and the large number of negative earnings pre-announcements, Cone Mills Corp. has decided to affirm its earnings guidance for third quarter 2002 of $0.08 to $0.10 per share.
The company is also affirming its annual 2002 earnings estimates of $0.20 to $0.25 per share and $50 million of EBITDA, or EBITDA of $56 to $59 million including Cone's pro rata share of Parras Cone.
Related Content By Author
Vegas Performing with PureCare's Lonnie Scheps