
Innerwear maker Hanesbrands Inc reaffirmed its 2010 sales growth view and said it refinanced its debt, giving it more flexibility to make bigger acquisitions.
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Innerwear maker Hanesbrands Inc reaffirmed its 2010 sales growth view and said it refinanced its debt, giving it more flexibility to make bigger acquisitions.
Hanesbrands Inc said it intends to refinance a portion of its existing debt through financing transactions, which may include a debt offering.
Hanesbrands Inc's quarterly profit topped estimates as lower commodity costs and cost-reduction actions boosted margins.
Hanesbrands Inc said it agreed to sell three of its yarn manufacturing plants to privately held Parkdale, and shut a fourth plant and two warehouses.
Underwear maker Hanesbrands Inc reported a quarterly profit that topped Wall Street estimates as cost-reduction efforts helped offset a sales decline, and forecast third-quarter operating margins similar to second-qua...
Hanesbrands Inc said on Thursday March 12 it amended its first-lien credit agreement and is aiming to reduce its long-term debt in 2009 by at least $300 million.
Underwear maker Hanesbrands Inc posted a higher-than-expected fourth-quarter profit, helped by cost-reduction efforts and higher domestic product prices, and said it would cut 310 jobs.
Underwear maker Hanesbrands Inc posted a 59 percent fall in third-quarter profit, partly hurt by restructuring charges, and said it would raise domestic prices effective mid-first quarter of 2009.
Underwear maker Hanesbrands Inc said it will close nine North American plants as it looks to shift manufacturing to lower-cost regions -- a move that will affect about 8,100 employees, or 16 percent of its workforce.