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HBI » Topics » Our customers generally purchase our products on credit, and as a result, our results of operations and financial condition may be adversely affected if our customers experience financial difficulties.These excerpts taken from the HBI 10-K filed Feb 19, 2008. Our
customers generally purchase our products on credit, and as a
result, our results of operations, financial condition and cash
flows may be adversely affected if our customers experience
financial difficulties.
During the past several years, various retailers, including some
of our largest customers, have experienced significant
difficulties, including restructurings, bankruptcies and
liquidations. This could adversely affect us because our
customers generally pay us after goods are delivered. Adverse
changes in our customers’ financial position could cause us
to limit or discontinue business with that customer, require us
to assume more credit risk relating to that customer’s
future purchases or limit our ability to collect accounts
receivable relating to previous purchases by that customer, all
of which could have a material adverse effect on our business,
results of operations, financial condition and cash flows.
Our customers generally purchase our products on credit, and as a result, our results of operations, financial condition and cash flows may be adversely affected if our customers experience financial difficulties. During the past several years, various retailers, including some of our largest customers, have experienced significant difficulties, including restructurings, bankruptcies and liquidations. This could adversely affect us because our customers generally pay us after goods are delivered. Adverse changes in our customers’ financial position could cause us to limit or discontinue business with that customer, require us to assume more credit risk relating to that customer’s future purchases or limit our ability to collect accounts receivable relating to previous purchases by that customer, all of which could have a material adverse effect on our business, results of operations, financial condition and cash flows. This excerpt taken from the HBI 10-K filed Sep 28, 2006. Our
customers generally purchase our products on credit, and as a
result, our results of operations and financial condition may be
adversely affected if our customers experience financial
difficulties.
During the past several years, various retailers, including some
of our largest customers, have experienced significant
difficulties, including restructurings, bankruptcies and
liquidations. This could adversely affect us because our
customers generally pay us after goods are delivered. Adverse
changes in our customers’ financial
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position could cause us to limit or discontinue business with
that customer, require us to assume more credit risk relating to
that customer’s future purchases or limit our ability to
collect accounts receivable relating to previous purchases by
that customer, all of which could have a material adverse effect
on our business, results of operations and financial condition.
This excerpt taken from the HBI 8-K filed Sep 5, 2006. Our customers generally purchase our products on credit, and as a result, our results of operations and financial condition may be adversely affected if our customers experience financial difficulties. During the past several years, various retailers, including some of our largest customers, have experienced significant difficulties, including restructurings, bankruptcies and liquidations. This could adversely affect us because our customers generally pay us after goods are delivered. Adverse changes in our customers’ financial position could cause us to limit or discontinue business with that customer, require us to assume more credit risk relating to that customer’s future purchases or limit our ability to collect accounts receivable relating to previous purchases by that customer, all of which could have a material adverse effect on our business, results of operations and financial condition.
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