HanesBrands reports strong Q4 growth, expects Q1 sales to improve by 14 percent
HanesBrands Inc. net sales for the fourth quarter ended January 2, 2021, were 1.8 billion dollars, compared with 1.75 billion dollars for the comparable period last year. The company recorded 28 million in revenue from personal protective garments (PPE) globally in the fourth quarter. Excluding net sales of 88 million dollars from the exited C9 Champion mass program and DKNY intimate apparel license and the effect of changes in foreign exchange rates, total constant-currency fourth-quarter net sales increased 6 percent.
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