By  on October 24, 2008

Mervyns' liquidation is tightening the financial screws on Hanesbrands Inc.Liquidation of the retailer’s 149 stores will reduce Hanesbrands’  third-quarter earnings by 4 cents a diluted share, after tax. That’s a $5.5 million pretax charge.The innerwear producer now expects third-quarter earnings of 17 cents a diluted share, which includes 35 cents worth of restructuring charges and the charge for Mervyns.The firm will report full results on Oct. 29.For complete coverage, see Monday’s issue of WWD.

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