ATLANTA — Russell Corp.’s acquisitions are starting to pay off.

In the second quarter ended July 6, the sportswear and sporting goods firm reported net income of $6.7 million, or 20 cents a diluted share, beating the First Call consensus estimate of 17 cents and reversing a year-ago loss of $6.1 million, or 19 cents. Sales for the quarter rose 5.9 percent to $267.9 million from $253.1 million last year.

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