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Hanesbrands Scores Q1 Sales, Profit Gains

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Hanesbrands said its Champion brand and the Hanes innerwear business accelerated on a two-year basis in the first quarter. In a Nutshell: Hanesbrands Inc. said Thursday it exceeded guidance for sales, operating profit, operating margin and earnings per share (EPS) in the first quarter despite an increasingly challenging global operating environment. The better-than-expected performance was…

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