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.

Cognizant Technology Solutions

Oracle

Visa

These five stocks to buy produce plenty of cash flow and earnings to pay dividends and have attractive expected returns to investors.

5 Cash Cow Stocks to Buy With Attractive Upside Potential

Hanesbrands (HBI) is benefiting from impressive protective gear business and cost-saving efforts amid the pandemic. The company's robust digital efforts are yielding.

Hanesbrands Gains on Online Sales & Protective Gear Business

Hanesbrands (HBI) is producing cloth face coverings and medical gowns for the U.S. government amid the coronavirus pandemic.

Hanesbrands Ramps Up Face Mask Production Amid Coronavirus

Hanesbrands Will Probably Suspend Its Dividend

Hanesbrands: Bad Balance Sheet Could Cause Dividend Cut

Champion is Hanesbrands’ hidden asset and the Champion brand is driving growth both domestically and internationally.

Buy Hanesbrands As This Will Be A Champion Of Your Portfolio

HCA Healthcare

Industrias Bachoco SAB de CV

Mobile TeleSystems

According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of June 24.

4 Predictable Stocks With a Margin of Safety

Hanesbrands' (HBI) expects revenues from protective gear business to cross $300 million in 2020. Also, the company has undertaken actions to preserve cash flow amid COVID-19.

Will Hanesbrands' Online Business & Cost Savings Aid Growth?

Brookfield Infrastructure Partners L.P.

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Investors seeking big yields should have these three companies on their watch list.

3 Dividend Stocks - That Pay You More Than Pepsi Does

Boyd Gaming

Dollar General

A trio of companies poised to benefit as the country reopens.

3 Top U.S. Stocks to Buy in June

Stephen Bratspies is an experienced marketing and retail executive.

HanesBrands Names New CEO

Hanesbrands Inc. HBI, +2.24% stock rose nearly 3% in Tuesday premarket trading after it named Stephen Bratspies to the chief executive role, effective August 3.

Hanesbrands appoints Walmart vet to chief executive position

Foot Locker

Under Armour

The markets have been celebrating the early stages of a reopened economy.

Why Shares of Foot Locker, Hanesbrands, and Under Armour All Jumped Today

HanesBrands (HBI) reported earnings 30 days ago. What's next for the stock?

Why Is HanesBrands (HBI) Down 0.8% Since Last Earnings Report?

Capri Holdings Ltd

Shares of the apparel companies jumped Tuesday on bullish macroeconomic news.

Why Under Armour, Hanesbrands, and Capri Holdings Jumped Today

Comparing the trend in Hanesbrands stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can potentially gain 25% to levels over $12, once fears surrounding the coronavirus outbreak are put to rest. While the company is struggling.

Here’s Why Hanesbrands Stock Could Gain 25% Post COVID-19 Crisis

Altria

AT&T

Scoop up these high-yield stocks while they're still cheap.

3 Dividend Stocks to Buy on Sale: HBI, MO & T

Etsy

Gap Inc

Honeywell

Ralph Lauren

A number of apparel brands are not only supplementing for the shortage of protective gear but also looking for a survival strategy by selling facial masks and other protective gear.

Face Mask Production Saving Retailers Amid Coronavirus

Online sales were a bright spot among an otherwise disastrous first quarter earnings report for the clothing manufacturer.

Hanesbrands CEO: Champion Online Sales Are at Black Friday Levels

The company expects to make $300 million off sales of face masks this year, but the long-term opportunity could be significantly bigger.

Hanesbrands Sees Big Opportunity Emerging in Medical Garments

Hanesbrands Inc. (HBI) CEO Gerald Evans on Q1 2020 Results - Earnings Call Transcript

However, net sales were still $1.32 billion and net cash flow increased.

Hanesbrands Reveals 10% Sales Drop in Q1 Report, Misses on Revenue and EPS

The coronavirus had a profound adverse impact on Hanesbrands' (HBI) first-quarter 2020 results.

Hanesbrands (HBI) Q1 Earnings Lag Estimates on Coronavirus Impact

HanesBrands (HBI) delivered earnings and revenue surprises of -54.55% and -2.72%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

HanesBrands (HBI) Lags Q1 Earnings and Revenue Estimates

Hanesbrands' (HBI) first-quarter 2020 performance is likely to reflect strength in the Champion brand and the online business. However, weak Innerwear segment has been a concern.

News for Hanesbrands Stock (HBI)