Hanesbrands

Hanesbrands, Inc. is a consumer goods company, which engages in the design, manufacture, sourcing, and sale of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia Pacific. It operates through the following three segments: Innerwear, Activewear, and International. The Innerwear segment includes core apparel products, such as men's underwear, women's panties, children's underwear, socks and intimate apparel, sold in the United States (US). The Activewear segment consists of activewear products, such as T-shirts, fleece, performance apparel, sport shirts and thermals, sold in the US. The International segment comprises innerwear, activewear, hosiery and home goods products, sold outside of the US. Its brands include Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex, Bras N Things, Nur Die/Nur Der, Alternative, L'eggs, JMS/Just My Size, Lovable, Wonderbra, Berlei, and Gear for Sports. The company was founded by J. Wesley Hanes in 1901 and is headquartered in Winston-Salem, NC.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hanesbrands beats Q4 sales forecast, targets margin improvement in 2023

Hanesbrands navigated Q4 2022 with sales exceeding forecasts despite macroeconomic challenges and inflation, focusing on long-term transformation and debt reduction strategies.
The company anticipates higher margins and operating cash flows in 2023, targeting mid-14% operating margin and sequential margin improvement throughout the year.
Despite challenges in various markets and headwinds from inflation, Hanesbrands is strategically managing short-term obstacles and focusing on generating savings for future growth.
Analysts raised concerns about leverage improvement, inventory management, and achieving target leverage range by 2025, highlighting the company's proactive strategies and opportunities for growth.

Hanesbrands exceeds Q1 guidance amidst sales decline and challenges

Hanesbrands faced sales declines but exceeded guidance for revenue and profit, focusing on long-term growth globally despite challenges in the U.S.
Efforts to simplify the business, expand into new categories, and manage costs are strengths for the company.
Challenges include sales impact from consumer spending slowdown and inflation pressures on gross margins.
Opportunities lie in global growth strategies, improving gross margins, and using cash flow to enhance financial stability.

Hanesbrands meets Q2 expectations, eyes margin growth and debt reduction

Hanesbrands delivered as expected in Q2 2023 with notable progress.
Strong global retail performance offset challenges in the U.S. market.
Focused strategies on iconic brands and cost-saving initiatives are in place.
Anticipated challenges in Activewear and debt management require attention.
Opportunities exist in margin improvement, new product launches, and channel management.

HanesBrands excels in Q3, eyes global growth amid challenges

HanesBrands delivered a strong performance in Q3 2023, with improvements in gross margin, cash flow, and market share.
The company's strategic focus on debt reduction, product segmentation, and international growth opportunities positions it for future success.
Challenges in the Champion business and high inventory levels require ongoing management, but opportunities in LatAm and Australia offer growth potential.
Overall, HanesBrands remains resilient in navigating macroeconomic headwinds and is poised for recovery and growth in key markets.

Hanesbrands reports Q4 progress, eyes margin growth amidst sales challenges

Hanesbrands navigated sales challenges in 2023 with progress in gross margin and inventory reduction. Despite an anticipated challenging sales environment in 2024, the company expects strong operating profit growth and margin improvement. Sales guidance for 2024 anticipates improvement driven by innovation and strategic actions.

Hanesbrands reports solid Q1 results, focuses on channel strategies

Hanesbrands delivered solid Q1 results, facing challenges in Champion sales but showing improvement. The company is focused on enhancing financial performance, reducing debt, and winning across channels. Strategic shifts and cost reductions aim to drive value creation and margin expansion.

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Hanesbrands, Inc. engages in the business of designing, manufacturing, sourcing, and selling basic apparel such as T-shirts, bras, panties, shape wear, underwear, socks, and activewear. It operates through the following segments: Innerwear, Activewear, and International. The Innerwear segment includes basic apparel including men’s underwear, women’s panties, children’s underwear, and socks, and intimate apparel such as bras, and shape wear. The Activewear segment focuses on T-shirts, fleece, sport shirts, performance T-shirts and shorts, sports bras, thermals, and team wear. The International segment provides activewear, underwear, intimate apparel, socks, and home goods. The company was founded by J. Wesley Hanes in 1901 and is headquartered in Winston-Salem, NC.

Hanesbrands Inc.'s Q3 2024 results showed flat organic revenue and margin improvement, driven by lower product costs, but SG&A expenses increased due to marketing and talent investments. The company completed the Champion divestment and repaid $870 million in debt, focusing on higher-yielding Term Loan B, boosting the stock by 18%. Despite potential Q4 growth from promotions and new distribution points, long-term margin targets (15%) are uncertain given Hanesbrands' historical performance.

Hanesbrands Has Already Priced In Projections, Leaving Little Margin For Error

HBI's Q3 results reflect better-than-expected EPS, driven by operational efficiency. The company expects to revert to revenue growth in Q4.

Hanesbrands Raises Profit Guidance on Q3 Earnings & Sales Beat

Hanesbrands Inc. (NYSE:HBI ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants T.C. Robillard - Vice President of Investor Relations Steve Bratspies - Chief Executive Officer Scott Lewis - Chief Financial Officer Conference Call Participants Brandon Cheatham - Citi David Swartz - Morningstar Paul Kearney - Barclays Capital Rob Rigby - Bank of America Operator Good day, and thank you for standing by.

Hanesbrands Inc. (HBI) Q3 2024 Earnings Call Transcript

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the third-quarter 2024. “We delivered another strong quarter with operating profit, earnings per share, and cash flow results that exceeded our expectations. In addition, we have further reduced our leverage, expect a return to revenue growth in the fourth quarter, and raised our full-year outlook for profit and cash flow,” said Steve Bratspies, CEO. “Our str.

HanesBrands Announces Third-Quarter 2024 Results

HBI's strategic transformation and consumer-centric innovation position it well for strong Q3 earnings despite macroeconomic challenges.

Hanesbrands Q3 Earnings on the Horizon: Key Insights for Investors

The limited-edition line merges authentic athletic comfort and heritage-inspired moto style MILWAUKEE , Oct. 30, 2024 /PRNewswire/ -- Harley-Davidson® and Champion® join forces for a limited-edition capsule, blending athletic comfort with heritage moto style—made for those who hustle and play to win. With over 100 years of dedication to their crafts—Champion in athletic wear and Harley-Davidson in motorcycle culture—these two iconic brands are once again combining their expertise.

Harley-Davidson and Champion Reignite Their Partnership with a Bold New Capsule Collection

In the latest trading session, HanesBrands (HBI) closed at $7.26, marking a -0.14% move from the previous day.

HanesBrands (HBI) Stock Dips While Market Gains: Key Facts

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI) today provided details for its third-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, November 7, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended September 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIa347ba7.

HanesBrands Provides Details for Third-Quarter 2024 Earnings Announcement and Investor Conference Call

In the latest trading session, HanesBrands (HBI) closed at $7.08, marking a -1.39% move from the previous day.

HanesBrands (HBI) Falls More Steeply Than Broader Market: What Investors Need to Know

HanesBrands (HBI) concluded the recent trading session at $7.34, signifying a -0.68% move from its prior day's close.

HanesBrands (HBI) Stock Drops Despite Market Gains: Important Facts to Note

HBI's strategic transformation, consumer-centric approach and innovation suggest strong growth potential. However, macroeconomic challenges raise concerns.

Hanesbrands Gains From Strategic Moves: Staying Invested Makes Sense

HBI sells Champion business to Authentic Brands Group to streamline operations and reduce debt.

What Does HanesBrands' Sale of Champion Mean for its Future?

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced that it has completed the sale of the intellectual property and certain operating assets of the Company's global Champion business to Authentic Brands Group (“Authentic”). “Today marks a major milestone on our journey to strengthen and simplify our business and is the culmination of a significant team effort to position HanesBrands on the optimal path for the future,” sa.

HanesBrands Completes Sale of Global Champion Business to Authentic Brands Group

HBI's strategic transformation, consumer-centric approach and innovation indicate growth prospects. However, macroeconomic issues raise concerns.

Hanesbrands Stock Hits 52-Week High: Is it Time to Buy, Hold or Sell?

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Investors need to pay close attention to Hanesbrands (HBI) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Hanesbrands (HBI) Stock?

Shares of Hanesbrands (HBI) gained Tuesday after UBS boosted its price target on the stock to $6.50 from $5 while maintaining a "neutral" rating.

UBS Lifts Price Target on Hanesbrands, Says Company Is at 'Inflection Point'

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Hanesbrands announced the sale of its Champion business earlier this summer for $1.2 billion, with a potential to increase to $1.5 billion. The second quarter earnings report showed some stability, although GAAP metrics were impacted in a huge manner because of the Champion deal. The pro forma business is expected to generate $3.6 billion in sales with potential earnings of around $0.65 per share, resulting in upside if the company can deliver.

Hanesbrands: No Longer Standing Still After Q2 Earnings

Hanesbrands Inc. (NYSE:HBI ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants T.C. Robillard - VP of IR Stephen Bratspies - CEO Scott Lewis - CFO Conference Call Participants Jay Sole - UBS Ike Boruchow - Wells Fargo Brandon Cheatham - Citi David Swartz - Morningstar Tom Nikic - Wedbush Paul Kearney - Barclays William Reuter - Bank of America Operator Good day, and thank you for standing by.

Hanesbrands Inc. (HBI) Q2 2024 Earnings Call Transcript

Hanesbrands' (HBI) second-quarter 2024 earnings reflect lower sales amid challenges in the consumer and apparel market. Management lowers 2024 sales and earnings view.

Hanesbrands (HBI) Trims FY24 View Despite Q2 Earnings Beat

HanesBrands (HBI) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.01 per share a year ago.

HanesBrands (HBI) Q2 Earnings Surpass Estimates

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the second-quarter 2024. “We delivered solid second-quarter results in a challenging consumer and apparel market, including better-than-expected U.S. innerwear performance and margin expansion,” said Steve Bratspies, CEO. “We've taken several strategic actions that have fundamentally strengthened and simplified our business, better positioning the Company for.

HanesBrands Announces Second-Quarter 2024 Results

Hanesbrands' (HBI) second-quarter 2024 results are likely to reflect gains from lower input costs and cost savings. However, sales are likely to have been hurt by a tough macroeconomic consumer landscape.

News for Hanesbrands Stock (HBI)