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April 20, 2012

Cotton Costs Impact Hanesbrands' Bottom Line

The company may have been dragged into the red for the first quarter, but it beat analyst estimates and said the worst had passed.

By Evan Clark

financial/news

Higher cotton costs helped drag Hanesbrands Inc. into the red for the first quarter, but the company beat analyst estimates and said the worst had passed.

Net losses totaled $26.8 million,...

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Latest Articles from The Markets

Cotton Costs Impact Hanesbrands' Bottom Line

The company may have been dragged into the red for the first quarter, but it beat analyst estimates and said the worst had passed.

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