Hit by negative sales trends and ransomware attack, HanesBrands Q2 sales drop

Sumary of Hit by negative sales trends and ransomware attack, HanesBrands Q2 sales drop:

  • Sales, extinguish PPE, increased 75 percent on a two-year pile foundation.
  • Review of HanesBrands Q2 results The company said global Champion brand sales decreased 20 percent over prior year in regular currency or 23 percent on a reported foundation with similar decreases in both the U.S. and internationally.
  • At the midpoint, this represents 1 percent growth over prior year on a regular currency foundation, or a 2 percent decrease on a reported foundation.
  • By brand, Champion sales within the activewear reporting part decreased 25 percent as analyze to prior year and increased more than 115 percent on a two-year pile foundation.

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