Hanesbrands Profits from Nine-Digit Tax Asset
HBI was mum on any details regarding the looming sale to Gildan in their Q3 release, which did not feature a conference call given the pending merger agreement. Since the sale of Champion, the company’s activewear business consists mainly of its new Hanes Moves athleisure line, which was not broken out of overall results. Third quarter net income rose ninefold ... Log in to view full article.
