US Q1 in brief – Citi Trends, Weyco, Hanesbrands

In the most recent first-quarter filings from US apparel and footwear brands and retailers, Amazon booked both earnings and sales growth, Levi Strauss & Co saw sales increase but profits slip, while Hanesbrands is expecting sales of around US$1.38bn. Kate Spade, meanwhile, saw earnings slump on the back of sales declines and while Under Armour booked a net loss but beat analyst expectations resulting in a share price spike.