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Hanesbrands posts 46 increase in net income, but misses earnings expectations
Story Date: 2/17/2012
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Source: Richard Craver, WINSTON-SALEM JOURNAL, 2/16/12
The fourth quarter yielded mixed results for Hanesbrands Inc., with the company Wednesday posting a 46 percent increase in net income to nearly $41 million.
However, the company's diluted earnings of 41 cents missed analysts' expectations by 10 cents.
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