Hanesbrands Reports Financial Results for Second Quarter 2015
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Hanesbrands Inc., Winston-Salem, N.C., reported the sixth consecutive quarter of record year-over-year growth for net sales, adjusted operating profit and adjusted earnings per share, due to benefits of acquisitions and Innovate-to-Elevate strategies.
Results were driven by continued acquisition benefits, global supply chain performance and margin expansion. Net sales increased 13 percent to $1.52 billion in the quarter ended July 4, 2015, while adjusted operating profit excluding actions increased 15 percent to $265 million and adjusted EPS excluding actions increased 16 percent to $0.50, according to its release on second-quarter results.
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