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How Exiting PPE Business Weighed on Hanesbrands

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Hanesbrands is refining its focus to its Champion brand, innerwear and e-commerce businesses. In a Nutshell: Hanesbrands Inc., a global marketer of branded basic apparel, reported fourth-quarter results that reflected momentum across its business, with solid sales, adjusted operating profit and cash flow. During the fourth quarter, the company completed a comprehensive business assessment and…

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