Cotton prices spiked last year - MERYL WITMER

Cotton prices spiked last year. How did the company manage through that?
MERYL WITMER : The stock fell from the high $30s as cotton dropped to about 70 cents a pound after spiking to more than $2. Gildan's customers are small and the company decided to take the hit itself when prices plummeted. As a result it will earn about $1.30 a share in the fiscal year ending September, instead of $2.60. Next year, as the high-cost cotton moves out of their inventory, earnings should rebound to between $2.50 and $3 a share, and grow thereafter. Gildan has been perennially capacity constrained and recently completed a big addition that will increase capacity by 40%. If it can utilize that capacity in the next few years, earnings will be 40% higher, to $3.50 to $4 a share. - in the Baron's Roundtable June 2012

Gold, Cotton Prices May Rise Further says Gary Mead of VMG

March 9 (Bloomberg) -- Gary Mead, an analyst at VM Group in London, talks about prospects for demand driving cotton and gold prices higher this year. He speaks with Mark Barton on Bloomberg Television's "Countdown."

The Rising Price Of Cotton

The Rising Price Of Cotton
 

China Cotton Prices Hit Record High

Cotton prices in China are up almost double in the past year, driving the up the price of cotton products by 20-30%

Cotton Price Wrinkles

Wed. Oct. 27 2010 | Jones Group stock hit in part on high cotton prices, with CNBC's Brian Shactman, and Eric Tracy, FBR Capital Markets.