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HANESBRANDS: Q1 results show higher EBIT

BODYWEAR and activewear giant HanesBrands revealed first quarter results that showed a 1 per cent rise in net sales, to USD 1.22bn, and adjusted operating profit 10 per cent higher at USD 147m. Chairman and CEO Richard A. Noll commented: “We remain focused on our previously announced sales initiatives, reaping acquisition synergies, expanding margins and developing growth plans for our pending acquisition of Champion Europe.”

Bali by HanesBrands

Bali by HanesBrands

Despite the considerable expansion of the business in recent years, the company appears to remain focused on further growth.

 

See also:

HANESBRANDS: Champion Europe acquired

HANESBRANDS: 2015 sales hit new high

HANESBRANDS: European labels to be retained

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