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

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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