Hanesbrands Inc. posted second-quarter results in which profits rose 27.1 percent and net sales were up 11.9 percent.
For the three months ended June 28, net income rose to $154.6 million, or $1.51 a diluted share, from $121.6 million, or $1.19, in the year-ago quarter. Net sales rose 11.9 percent to $1.34 billion from $1.2 billion. Wall Street analysts were expecting on average $1.50 on revenues of $1.35 billion.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"