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flag Investors boost Hanesbrands stake; company beats earnings estimates despite financial challenges.

flag Arrowstreet Capital and New Age Alpha Advisors have increased their investments in Hanesbrands Inc., purchasing additional shares worth $44.715 million and $419,000, respectively. flag Hanesbrands reported earnings of $0.17 per share, beating estimates by $0.03, though it had a negative net margin of 8.06%. flag The company, which designs and sells apparel globally, has a market cap of $2.03 billion.

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