top shadow
BODY



































Trade Readers:
I am a STORE BUYER or OWNER
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a CONSUMER
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand












current news

Hanesbrands Innerwear Sales Up In 4q


(Filed Under Financial and General Interest News). Hanesbrands, Inc. reported a sales increase in innerwear, its largest segment, during the fourth quarter ended January 2, 2010, with male underwear particularly strong. During the period, the company’s net sales grew 1 percent, to $988.7 million, with innerwear up 5 percent, excluding last year’s 53rd week. For the full year ended January 2, net sales dropped 7 percent, to $3.9 billion, also excluding last year’s extra week.

Richard A. Noll, chairman and chief executive officer of Hanesbrands, remarked: “We have potential for significant earnings growth in 2010. When you combine the benefits of expected sales growth, operating margin improvement, and lower interest expense, we could see EPS growth of at least 25 percent and possibly up to 35 percent or more in 2010. To reach the higher levels of growth, we may need a slight increase in overall consumer-spending levels, potential price increases to offset any systematic inflation, or additional effective use of free cash flow.”

In other news, the company has resumed operations at its four contract T-shirt sewing operations in Haiti, which were impacted by the January 12th earthquake. The company reported that it does not expect the temporary production suspension in Haiti to have a material impact on sales for its T-shirts, as Haiti accounts for a small percent of the company’s overall production. The company has also donated a quantity of underwear to the country with a wholesale value of $2.2 million, which is being distributed by charitable organization CARE.

For further information, contact Brian Lantz with Hanesbrands, Inc. by calling (336) 519-7130.


more Financial and General Interest News >>

Published 02-01-2010 by Amanda Torres Price

Related Articles

Hanes Innerwear Sales -3.4%, Profit -10.4%
Hanes Innerwear Sales, Operating Profit Fall
Hanes New Boxer Briefs Have ’Kangaroo’ Pouch
Hanes Innerwear Sales Rise .8% In Reversal
Hanes Q3 Innerwear Sales -5.2%, Profit -4.7%
Hanes Q2 Innerwear: Sales -2.5%, Profit -7.7%
Hanes First Quarter Innerwear Sales -5.9%
HanesBrands Innerwear Sales Fell 8.2% In Q4
Q3 Innerwear Sales Rose 2% At Hanesbrands
Q2 Innerwear Sales Fell 5% At Hanesbrands


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2017 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2018 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow
*