Drop in revenue at Hanesbrands in Q2
04/08/2016
Apparel group Hanesbrands reported second quarter sales of $1.47 billion, a 3% drop on the same period of 2015. Operating profit was up 59% to $221 million. The company said the decline in revenue was due to the strong performance in the second quarter of last year, which took advantage of expanded shelf space for product launches. “We are...
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