×
71 647
Fashion Jobs
MACY'S
Manager, Omni Operations
Permanent · Skokie
MACY'S
Director, External Communications – Product And Brand
Permanent · New York
MACY'S
Credit Finance Analyst ii
Permanent · Deerfield Township
MACY'S
Manager, Merchandise Execution
Permanent · Florence
MACY'S
Asset Protection Captain, Clackamas Town Center - Full Time
Permanent · Happy Valley
MACY'S
Multi-Store Detective, Tacoma - Full Time
Permanent · Tacoma
MICHAEL KORS
Part Time Sales Supervisor, Memorial City Mall
Permanent · Houston
MICHAEL KORS
Sales Supervisor, Sugar Land, tx
Permanent · Houston
MICHAEL KORS
Sales Supervisor The Woodlands Mall
Permanent · Houston
JCREW
Junior Account Executive
Permanent · New York
JCREW
Senior Counsel, Intellectual Property & Product Compliance
Permanent · New York
JCREW
Brand Marketing Director, mw Men's
Permanent · New York
JCREW
Product Manager
Permanent · New York
JCREW
Distribution Supervisor
Permanent · Lynchburg
MARSHALLS
Loss Prevention Detective
Permanent · Charlotte
MARSHALLS
Loss Prevention Detective
Permanent · Bloomfield
MARSHALLS
Loss Prevention Detective
Permanent · Charlotte
MARC JACOB'S
Business Analyst, Supply Chain
Permanent · New York
MARC JACOB'S
Director, Business Applications
Permanent · New York
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time - Outlets at Orange
Permanent · Orange
BLOOMINGDALE'S
Outlet Keyholder Selling, Full Time - Riverhead
Permanent · Riverhead
MACY'S
Asset Protection Detective, Temecula Promenade - Part Time
Permanent · Temecula
By
Reuters
Published
Oct 28, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hanesbrands third quarter profit tops Street

By
Reuters
Published
Oct 28, 2009

Oct 28 (Reuters) - Hanesbrands Inc's (HBI.N) quarterly profit topped estimates as lower commodity costs and cost-reduction actions boosted margins.


Hanes spring-summer 2009

Hanesbrands has been shifting its manufacturing units from North America to Asia in a bid to cut costs, a move that has led to layoffs and closure of plants in North America in the recent past.

In the third quarter, the Winston-Salem, North Carolina-based company, whose brands include Wonderbra, Just My Size, Bali, Hanes and Playtex, earned $41.1 million, or 43 cents a share, compared with $15.9 million, or 17 cents a share, a year earlier.

Excluding items, the company earned 63 cents a share.

Revenue at the company, which was spun off from U.S. food maker Sara Lee Corp (SLE.N) in 2006, fell 8 percent to $1.06 billion.

Analysts on average were looking for a profit of 52 cents a share, before items, on revenue of $1.08 billion, according to Thomson Reuters I/B/E/S.

Shares of the company, which have rise more than four-fold in value since they touched a year-low in February, were up 69 cents at $22.50 in post-market trade. They closed at $21.81 Wednesday 28 October on the New York Stock Exchange. (Reporting by Vidya Lakshmi in Bangalore; Editing by Anne Pallivathuckal)

© Thomson Reuters 2022 All rights reserved.