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have businesses been we As implemented, realigned a store strategic to have actions reclassified operations, our U.S. reporting. of discontinued the we our outlet champion our result and and global segment
Relations the on our financial website. posted please packet see For recast supplemental financials, Investor historical as
interest today's per additional I'll results. Operating trends. increased line on margins profit and release, a our and earnings increase quarter year top earnings XXX% our quarter's in all to strong call, lower Overall, point I'll which second FAQ improvement of returned debt, sequential document. to to over handout operations XX% For decreased levels details second in saw for We as you continuing of the news on quarter expense results due focus we delivered and share. guidance. we double-digit operating drive prior
prior For organic of sales the net represents XXX were quarter. an last On from with tosry basis constant year's sales decreased decrease points the coming and X% net currency points versus FX This million. U.S. headline year, XXX a basis, basis divestiture. in from $XXX quarter, X%
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rates X/X lingering which still on interest business, the rate a in mid-single-digit Australia standing Our represents decreased not continue to roughly segment, spending. consumer of as Australia. weigh at But we're high
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All ] year-over-year the and in quarter our of due of business agreement. service the the hosiery sales the to of the chain decrease completion [ divestiture supply
We while gross brand by increasing in quarter Turning saw in marketing XXX margins. simultaneously operating significant our both improvement points. margins basis to the year-over-year and investments
to XXX input increased the quarter, moved increase operating the as we improvement investments support XX.X%, points inflation market driven gains. existing benefits increased peak impact as from to points is to was marketing as initiatives. basis the our us initiatives, by which to margin cost share brand margin past growth-related from XX.X%. basis have lower For The This XXX well gross our contributing costs allowed savings to margin
underscores was our marketing we our Hanesbrands drove consumers. the made one return on XXX our is nearly investments A our behind pleased see to share of basis largest with I financial of points strategy success at number the the customers gains good example of that spend.
and With respect see $X of and costs the confident as continue to in year. we're the lower on debt the focus down compared interest runway in second input significant for we cost to year. incremental existing Our half savings last million long our expansion our programs, Steve that visibility highlighted, EPS, in and the than paying yielded cost with more we gross margins that quarter beyond. to expand a initiatives expense margin savings to XXXX And our of operating can
EPS higher XXX% coupled interest turning guidance. with expense, up margins $X.XX now The last profit lower And or or of year. to $X.XX,
continuing from store range. point results and adjusted to to Champion will and I refer like of based will would operations comments the my of reclassification businesses midpoint the with discontinued outlet operations. that U.S. guidance be our of All on Global to out
comparable not comparing is outlook sales guidance an X. to our is apples-to-apples current our outlook given prior in our Our year current full unchanged. said, on guidance basis, on That May
we on profit to However, and as continue cost we increased delivering outlook our EPS savings. outperform operating
at Looking sales.
We expect continue we basis, trends. to the improvement sales for currency X% an sequential year-over-year in third expect On X% quarter. full for decrease net year to the and sales the organic constant
to strong visibility into cost year the early through and year, balance highlighted costs have next year. on we've savings Turning the as input our and operating we of profit, rest sheet all to
and expect operating XX.X%. operating points we profit to full year, margin XX% to basis to expand increase the XXX For
profit For visibility in place, continued we we our and the we basis With increase as margins year. operating of XX% to expect XX%. program for operating the new just are operating positioned input XXX our well both to cost and to next expand put third cost gross margin and quarter, points expansion savings
at EPS. Looking
$X.XX. to to EPS For full expect we the year, increase XXX%
to for EPS well the quarter, commitment to believe internal strong with growth year. expect cash positioned the with increase $X.XX. And we for and debt EPS With we second year. Champion margin we to debt to double-digit and XXX% expect third our from are pay respect of billion pay in to $X down generation, of down proceeds continued announced an our For incremental leverage, half outlook next we the the improvement, sales this
and approximately on expect adjusted XXXX basis. leverage EBITDA We end net year-end to year-over-year a approximately to our turns X.X at decline Xx debt ratio to
strong So growth second quarter improvement our underscore and solid earnings lower with operational debt. direction trends, year-over-year sequential results in our These delivered profit closing, results strategic share and strength. sales we in in and per
Looking taking forward, new Hanesbrands is direction. a
next ability returns growth reduction. to confident for business strengthened years several our in the we generate continued earnings simplified Our of strong double-digit model, through shareholder combination are and debt a
T.C. that, the call turn to over with I'll And
