(Reuters) - NEW YORK, July 26 - Hanesbrands Inc. reported a better-than-expected profit on Thursday, as cost controls helped boost margins, sending the underwear manufacturer's shares up 15 percent.
The maker of the Wonderbra and Champion T-shirts said net profit in the second quarter was $25.4 million, or 26 cents per share, down sharply from $59.3 million, or 62 cents per share, in the year-earlier period, before it was spun off from Sara Lee .
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The maker of the Wonderbra and Champion T-shirts said net profit in the second quarter was $25.4 million, or 26 cents per share, down sharply from $59.3 million, or 62 cents per share, in the year-earlier period, before it was spun off from Sara Lee .
Read more at Reuters.com Market News
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