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Scoring Income Gains in Q4 and Year, Hanesbrands Sees ‘Inflection Point’ in 2020

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Cleaning up its financial picture, Hanesbrands saw sales dip in the fourth quarter on soft innerwear sales even as Champion stayed hot.
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Cleaning up its financial picture, Hanesbrands saw sales dip in the fourth quarter on soft innerwear sales even as its Champion brand stayed hot. In a Nutshell: Hanesbrands reported record operating cash flow for the fourth-quarter and full-year 2019 on Friday and strong diluted earnings per share (EPS) growth. The company, based in Winston-Salem, N.C.,…

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