HanesBrands recently reported its first-quarter 2013 net sales, operating profit and diluted earnings per share. For the quarter ended March 30, 2013, net sales declined 3 percent to $945 million, operating profit increased substantially to $85 million, and EPS improved to $0.51 from a $0.25 loss a year ago.
Read MoreCompany: Outer Banks
HanesBrands Reports Fourth-Quarter 2012 Financial Results and Provides Fiscal 2013 Guidance
Winston-Salem, North Carolina-based HanesBrands reported growth in net sales and adjusted earnings per diluted share for its fourth quarter and fiscal year ended Dec. 29, 2012.
Read MoreHanesBrands has “Substantially Completed” Discontinuation of its Outer Banks and Private-label Operations
As part of its recent third-quarter results press release, HandsBrands Inc. announced that it has “substantially completed” the discontinuation of its private-label and Outer Banks domestic operations. From the press release:
“On May 30, Hanes sold its European imagewear business, and the company has substantially completed the discontinuation of its private-label and Outer Banks domestic imagewear operations serving wholesalers that sell to the screen-print industry. In accordance with GAAP requirements, the company reported results for the second and third quarters on a continuing-operations basis and revised prior-period results to reflect continuing operations. The company’s branded printwear operations will continue to operate and serve the branded domestic screen-print market.”
Read MoreHanes Reports Second-Quarter Results, Discusses Discontinuation of Outer Banks and Private Label Business
HanesBrands has reported financial results for the second quarter ended June 30, 2012. The company has also announced that it is continuing plans to remove itself from the private-label industry, including discontinuing the Outer Banks brand.
Read MoreHanesBrands Initiates First Half of Planned $300 Million Reduction of Long-Term Debt in 2012
HanesBrands, based in Winston-Salem, N.C., announced today that it intends to redeem in July $150 million of its Floating Rate Senior Notes due 2014 as part of plans to pay off its approximately $300 million of floating-rate bond debt in 2012.
Read MoreHanesBrands Announces Imagewear Strategy, Exits Private-Label Industry and Plans Divestiture of Outer Banks
HanesBrands announced Wednesday morning that it will narrow the focus of its worldwide imagewear business, which sells basic apparel to wholesalers in the screen-print market. The company is announcing the sale of its European imagewear division and, in the United States, the exit from the private-label category and the planned divestiture of its Outer Banks brand.
Read MoreHanes Imagewear Announces New Partnership with TSC Apparel
Winston-Salem, North Carolina-based Hanes Imagewear announced a new partnership with Cincinnati-based TSC Apparel to offer Hanes EasyColor assortment of T-shirts, fleece and sportshirts. Beginning in January 2011, Hanes will be available at all of TSC Apparel’s locations.
Read MoreEskimo Joe Inducted into Hanes Beefy-T Hall of Fame
Hanesbrands Imagewear, Winston-Salem, N.C., announced Eskimo Joe’s, the popular bar and restaurant located in Stillwater, Okla., has been inducted into the Hanes Beefy-T T-shirt Hall of Fame.
Read MoreThe Americana Company Launches New Catalog
The Americana Company, a West Coast distributor of imprintable sportswear based out of Gardena, Calif., released its new catalog this month. In addition to T-shirts and fleece, the 116-page book includes athleticwear, sport shirts, jackets, children’s apparel, hats, bags and aprons. The wholesaler has also increased inventory levels and has expanded its one-day shipping area.
Read MoreHanes Imagewear Announces Best-Selling Hanes Beefy-T Going Tag-Free in 2010
Hanes Imagewear, Winston-Salem, N.C., announced it is transitioning its Hanes Beefy-T T-shirt to a tag-free neck label during 2010. Now celebrating its 35th year, the Hanes Beefy-T T-shirt is the industry’s leading premium T-shirt and one of the best-known tees within the decorated apparel industry.
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