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HanesBrands Sees Income Jump Eightfold in 2018, While Debt Dives

It was a turnaround year for HanseBrands, which saw a steep rise in net income and strength in international and activewear sales, notably the Champion brand. In a Nutshell: HanesBrands reported fourth-quarter net sales growth of 7 percent, double-digit operating profit growth, operating cash flow of $502 million and total debt reduction of $403 million….

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