EXHIBIT 99.2
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FOR IMMEDIATE RELEASE: |
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CONTACTS: |
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Blair Corporation
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Carl Hymans |
Larry Pitorak, Chief Financial Officer
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G.S. Schwartz & Co |
814-723-3600
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212-725-4500 |
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carlh@schwartz.com |
BLAIR CORPORATION ANNOUNCES SPECIAL DIVIDEND
WARREN, Pa., (November 8, 2005) Blair Corporation (Amex: BL), (www.blair.com), a national
multi-channel direct marketer of womens and mens apparel and home products, today announced that
the Board of Directors has declared a special cash dividend of 15 cents per share. The dividend
will be payable on December 15, 2005, to stockholders of record as of November 21, 2005. The timing
of the record date and payment of this special dividend coincides with the previously declared
regular fourth quarter dividend, bringing the total dividend payable to stockholders to 30 cents
per share. Stockholders will receive two separate dividend payments of 15 cents per share each on
December 15, 2005.
We are pleased to provide this special cash dividend to our loyal stockholders and remain
grateful for their continued support, said John Zawacki, Blair President and CEO.
It is the Companys present intention to increase its regular quarterly cash dividend to 30 cents
per share.
ABOUT BLAIR
Headquartered in Warren, Pennsylvania, Blair Corporation sells a broad range of womens and mens
apparel and home products through direct mail marketing and its Web sites www.blair.com and
www.irvinepark.com. Blair Corporation employs over 2,000 associates (worldwide) and operates
facilities and retail outlets in Northwestern Pennsylvania as well as a catalog outlet in
Wilmington, Delaware. The company, which has annual sales of approximately $500 million, is
publicly traded on the American Stock Exchange (Amex:BL). For additional information, please visit
http://www.blair.com.
This release contains certain statements, including without limitation, statements containing the
words believe, plan, expect, anticipate, strive, and words of similar import relating to
future results of the Company (including certain projections and business trends) that are
forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from those projected as a result of certain risks and
uncertainties, including but not limited to, changes in political and economic conditions, demand
for and market acceptance of new and existing products, as well as other risks and uncertainties
detailed in the most recent periodic filings of the Company with the Securities and Exchange
Commission.