What would have been basically a flat quarter turned negative the last two weeks of March for HBI as it reported a loss of $7,874,000 against income of $81,088,000 on sales of $1,316,462,000 against $1,588,024,000 as innerwear sales declined 9% to $422.4 million, U.S. activewear sales fell 10% to $288.0 million adjusted for the exit from C9 with Target and international sales dropped 14% to $555.9 million. Adjusted for exited businesses, sales would have been down 12%. Champion, which had been tracking up mid- to high-single digits through the middle of March, ended up in negative territory for the U.S. ... Log in to view full article.