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The Winston-Salem apparel maker, known for brandds such as Champion, Hanes and the Wonderbra, producefd a profit of $49.8 or 52 cents per share, compared with $23.9 million, or 25 cents per in fourth quarter 2006. Meanwhile, salesx grew 2.4 percent, to $1.16 billion, comparex to 2006. Operating profit increased 31 percent, to $125.9 million. Incomes excluding plant closings and other chargeswas $36.2 million, or 38 cents per share. Analysts polled by Thomsonm Financialhad expected, on average, earnings of 39 cents per share on salees of $1.14 billion.
The company said it was pleasecd with its performance and attributedx growth to its Championj brand and successfulinnerwear segment, selling producte such as underwear. Last year markedf Hanesbrands' (NYSE: HBI) first full year as an independent company. The company was formed in September 2006 when it was spun offfrom Chicago-basec . In the last it has taken several cost-cutting measures, includin the recently announced closing of plants in Advancreand Asheboro.
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