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Hanesbrands Quarterly Net Triples, Raises Annual Forecast

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Winston-Salem, NC–Hanesbrands raised its full-year sales and earnings guidance on Tuesday after second quarter net profits nearly tripled to $85.4 million from $30.6 million a year ago. Sales increased 9.1% to $1.08 billion, boosted by double-digit revenue rises from the company’s three main business segments: innerwear, outerwear and international. Outerwear …