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Hanesbrands (NYSE: HBI) 1Q19 Results: Strong Champion Sales Propelled Growth

Executive Summary

  • Hanesbrands reported robust 1Q19 revenue growth driven by US activewear and Champion subsidiary sales.
  • International segment sales increased 13%. Champion sales increased 75%, excluding the mass channel and on a constant currency basis.
  • Management reiterated guidance for FY19 and issued 2Q19 guidance.

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