Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
"We've made good progress repositioning our U.S. Imagewear to focus more on branded sectors and de-emphasized the low end commodity segments," Noll said in a conference call yesterday, adding that "the operating losses associated with Imagewear are now behind us."
As anticipated, cotton inflation also negatively affected margins in the quarter, as did supply chain actions of $13 million to balance capacity with unit demand. Supply chain operations are performing well, and continued optimization is expected to yield substantial cost savings. The company continues to expect full-year free cash flow in the range of $400 million to $500 million.
0 Comments
View Comments
- Companies:
- Hanes Printables
Related Content
Comments