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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 (HBI) is grappling with higher inflation, which is affecting its margin performance. However, unfavorable foreign currency rates are a hurdle.

Here's Why Hanesbrands (HBI) drops More Than 25% in 3 Months

In this article, I give you my opinion on one of the highest yields in the consumer sector, Hanesbrands' 5.1% yield. The company is the ultimate value stock due to very low growth, but very high cash generation used to service Hanesbrands' high dividend yield and reduce debt.

A Look At Hanesbrands Inc.'s Fat 5.1% Yield

Hanesbrands Inc. HBI, +2.81% said Tuesday it was the subject of a ransomware attack on May 24 and activated business continuity plans and incident response to contain it. Ina regulatory filing, the company said it has informed law enforcement and is cooperating with the investigation.

Hanesbrands says it suffered a ransomware attack on May 24 and has informed law enforcement

With the U.S. Federal Reserve and other central banks raising interest rates to curb inflation, the stock prices of many companies have been shrinking. Those with high debt are in the most trouble, as it's no longer so easy to pay off debt by taking on even more debt.

Hanesbrands: A Dangerous Stock in a Rising Rate Environment

American Eagle Outfitters

V.F.

These apparel stocks are among the best bargains on the market, and they pay substantial dividends.

These 3 Apparel Stocks Have Dividend Yields of Over 4%

Hanesbrands Inc.'s ( HBI , Financial) products are immensely popular. The stock, not so much.

Hanesbrands Is Getting Threadbare

Retail investors are bracing for trouble after Walmart's earnings report.

Why Hanesbrands Stock Was Falling This Week

Hanesbrands, Inc. is a leading apparel company with a portfolio of iconic brands, which includes Hanes and Champion, among others. The Hanes product line is so widely recognized that it is found in nine out of ten U.S. households.

Hanesbrands: A Champion Apparel Company

The basic apparel giant is more interesting than it may look at first glance.

Is Hanesbrands the Right Fit for This Market?

Hanesbrands' (HBI) first-quarter 2022 results reflect lower earnings. Nevertheless, sales increased year over year on robust consumer demand for its brands.

Hanesbrands (HBI) Q1 Earnings Top Estimates, Sales Rise Y/Y

Hanesbrands Inc. HBI, -7.48% said its first-quarter results were hurt by supply chain challenges that hampered its Champion brand. "[P]roduct supply challenges to the U.S. market did not improve as expected in the quarter resulting in approximately $40 million of in-hand orders in the U.S. that were unfulfilled," the company said in its Thursday earnings announcement.

Hanesbrands lost out on $40 million in Champion brand Q1 sales due to supply chain challenges

Hanesbrands Inc (NYSE: HBI) reported first-quarter FY22 sales growth of 5% year-on-year to $1.58 billion, beating the consensus of $1.54 billion. Consumer demand for the company's brands drove growth in the U.S., Americas, and Europe.

Hanesbrands Shares Slide Post Q1 Results; Eyes Low-End Of FY22 EPS Outlook

Hanesbrands Inc. (NYSE:HBI ) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants Steve Bratspies - Chief Executive Officer Michael Dastugue - Chief Financial Officer TC Robillard - Vice President, Investor Relations Conference Call Participants Omar Saad - Evercore Michael Binetti - Credit Suisse Susan Anderson - B. Riley Jim Duffy - Stifel Jay Sole - UBS Brandon Cheatham - Citi Paul Kearney - Barclays David Swartz - Morningstar Operator Good day and thank you for standing by.

Hanesbrands Inc. (HBI) CEO Steve Bratspies on Q1 2022 Results - Earnings Call Transcript

HanesBrands (HBI) delivered earnings and revenue surprises of 21.43% and 2.26%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

HanesBrands (HBI) Beats Q1 Earnings and Revenue Estimates

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the first quarter of 2022. “I'm very proud of our team for delivering another strong quarter in an incredibly challenging time as we exceeded expectations for sales and earnings per share,” said Steve Bratspies, CEO. “We saw continued strong demand for our brands in the quarter, with global Champion and innerwear growth accelerating on a two-year basis.” Brat

HanesBrands Announces First-Quarter 2022 Results, Exceeding Expectations for Sales and EPS as Company Continues to Execute Full Potential Plan

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that Vanessa LeFebvre has been named president of global activewear. In this role, LeFebvre will drive growth in the global Champion brand with a focus on innovation, key markets and new channels. “I'm thrilled to add Vanessa to our outstanding leadership team as we continue to execute our Full Potential plan,” said Steve Bratspies, CEO of HanesBrands. “Vanessa's extensive ex

HanesBrands Names Vanessa LeFebvre President of Global Activewear

Hanesbrands' (HBI) first-quarter 2022 performance is likely to reflect gains from the Full Potential plan. However, gross margin is likely to have been under pressure in the quarter.

What's in the Cards for Hanesbrands' (HBI) Q1 Earnings?

Investors are witnessing carnage in innovation and disruption stocks, whether it's telemedicine, streaming, cloud, data analytics or the always prevalent “something” as a service-type stocks. Investors of all ages may be turning to less complex stories like food and clothing, which can often make solid long-term investments.

Hanesbrands Looks Significantly Undervalued

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share to be paid May 31, 2022, to stockholders of record at the close of business May 10, 2022. The declared cash dividend will be the 37th consecutive quarterly return of cash to stockholders. The company has returned more than $1.6 billion in quarterly cash dividends to stockholders sinc

HanesBrands Declares Regular Quarterly Cash Dividend

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc., a global leader in iconic apparel brands, is releasing its 2021 Sustainability Summary Report outlining progress and plans toward reaching aggressive sustainability goals by 2030. “At HanesBrands, sustainability is integrated into everything we do — from our iconic brands to sourcing our materials to manufacturing our great products,” said Steve Bratspies, CEO of HanesBrands. “We're proud of our leadership in this area, and we know there i

HanesBrands Announces Progress Toward 2030 Global Sustainability Goals Impacting People, Planet and Product

Hibbett Sports

AT&T

Even considering Friday's market sell-off, the overall stock market is still selling at or near all-time high valuation levels. Whether it's the Shiller price-earnings ratio, a very low S&P 500 dividend yield or a simple price-sales ratio, the stock market still looks very expensive.

3 Quality Companies Selling at Single-Digit P/E Ratios

Comcast

Perrigo

Starbucks

Stanley Black & Decker

U.S. equities vacillated between gains and losses for the week ending April 22, 2022, driven by the release of corporate earnings and the Federal Reserve's interest rate guidance. Strong reports from the airline industry suggest the economy will remain supported by roaring demand for services.

5 Laggards For The Weekend

I'm not terribly comfortable with the stock, even at a low $14 per share. There are too many prevailing downsides. Hold if you own or buy with caution. Wall Street analysts are recommending a buy of HBI. Credit Suisse Group pumped up its expectation for HBI to outperform, setting an average price target of $23-$26.

Hanesbrands Inc.: Buy The Clothes But Discount The Stock

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today announced that it will host an internet audio webcast of its first-quarter 2022 investor conference call at 8:30 a.m. EDT Thursday, May 5, 2022. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended April 2, 2022. The webcast of the conference call, which will consist of prepared comments followed by a question-and-answer session, may be accessed via the

HanesBrands Sets Date for First-Quarter 2022 Earnings Announcement and Investor Conference Call

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Hanes, America's No. 1 Brand of Underwear1, introduces the new X-Temp® Total Support Pouch® with cooling fabric and breathable mesh panels for perfect separation and support. The brand is also launching a new commercial, “Stay Cool. Stay Supported.” in which Hans, the original Ball-ance guru, continues his search for the very best from his underwear. Hanes X-Temp™ Starts Cool. Keeps Cool.™ technology is designed to adapt to men's temperature and activity to

News for Hanesbrands Stock (HBI)