Fashion

Hanesbrands revenue climbs 2 percent for FY19


The company said on Friday its FY19 net profit surged Revenues grew by 2
percent from the same period last year.

The company’s net profit for FY19 was 601 million dollars, grew from 540
million dollars a year earlier. Revenues increased to 6,967 million
dollars.

Hanesbrands Inc. (NYSE: HBI) was founded in 1901 and is best known for
its brandportfolio which includes names like Champion, Playtex, Wonderbra,
Maidenform and of course Hanes. Until 1906 Hanesbrands was part of the Sara
Lee Corporation. The company operates primarily in the innerwear,
activewear and hosiery segments.

As of 2019, Hanesbrands has more than 63,000 employees and operates over
200 stores.

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