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.

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today announced that its Board of Directors (the “Board”) has appointed Colin Browne, Natasha Chand and John Mehas as independent directors to the Board, effective immediately. Ronald L. Nelson, Chairman of the Board, said, “We are pleased to welcome Colin, Natasha and John as independent directors to the HanesBrands Board. They bring important relevant experience in retail, consumer brands and operations, and we look forward to gain.

HanesBrands Appoints Three New Independent Directors

Hanesbrands' (HBI) third-quarter 2023 results were hurt due to a macro-driven slowdown in consumer spending and declines in U.S. Activewear. Management lowers its 2023 view.

Hanesbrands (HBI) Lags Q3 Earnings Estimates, Lowers Guidance

Hanesbrands Inc. (NYSE:HBI ) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants T.C. Robillard - Vice President of Investor Relations Stephen Bratspies - Chief Executive Officer Scott Lewis - Chief Financial Officer Conference Call Participants Jay Sole - UBS Ike Boruchow - Wells Fargo Paul Kearney - Barclays Tom Nikic - Wedbush Securities Carla Casella - JPMorgan William Reuter - Bank of America Operator Good day ladies and gentlemen and welcome to the HanesBrands Third Quarter 2023 Earnings Conference Call.

Hanesbrands Inc. (HBI) Q3 2023 Earnings Call Transcript

The headline numbers for HanesBrands (HBI) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

HanesBrands (HBI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the third-quarter 2023. “We've continued to drive improvement in core fundamentals while simultaneously assessing our business and options to unlock shareholder value,” said Steve Bratspies, CEO. “Despite the difficult global macroeconomic environment, which continues to pressure sales, we delivered meaningful improvement across key performance metrics and in.

HanesBrands Announces Third-Quarter 2023 Results

Hanesbrands' (HBI) third-quarter performance will likely reflect the impacts of the challenging apparel market in Australia and softness in the U.S. activewear category.

Hanesbrands (HBI) Queued for Q3 Earnings: Things to Consider

Evaluate the expected performance of HanesBrands (HBI) for the quarter ended September 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Countdown to HanesBrands (HBI) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Hanesbrands is considering a sale of its Champion sportswear brand and WHP Global and Authentic Brands Group are both interested in buying it.

Hanesbrands is shopping Champion — and WHP Global, Authentic Brands Group are both interested in buying

MARKHAM, ON / ACCESSWIRE / October 23, 2023 / iFabric Corp. ("iFabric" or the "Company") (TSX:IFA)(OTCQX:IFABF), today announced that its wholly-owned subsidiary company, Coconut Grove Pads Inc. ("CGP"), has renewed its license and distribution agreement with HBI IP Holdings Switzerland GmbH ("HBI") and Maidenform LLC ("Maidenform"), both subsidiaries of HanesBrands Inc. ("HanesBrands"). The agreement covers the distribution by CGP of intimate apparel accessories and specialty bra solutions which are marketed under HanesBrands' Maidenform® brand.

iFabric Corp Announces Maidenform(R) License Renewal

Hanesbrands Inc. has struggled with a sluggish operating performance and high leverage, leading to a shocking outlook for 2023 which furthermore was revised downwards. The involvement of an activist investor and potential sale may provide a trigger for change, but it is uncertain.

Hanesbrands: Still Falling Short

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today provided details for its third-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, November 9, 2023. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended September 30, 2023. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIfe5b0989c96d.

HanesBrands Provides Details for Third-Quarter 2023 Earnings Announcement and Investor Conference Call

AT&T

The stock market sometimes takes things a little too far. AT&T is facing legitimate challenges, but the stock is extremely cheap based on free cash flow.

2 Stocks Left for Dead That Could Be Ready to Rocket Higher

Hanesbrands (HBI) is grappling with a rising inflationary environment. The challenging apparel market, mainly in Australia, is a concern.

Hanesbrands (HBI) Battles Macro-Driven Slowdown & High Costs

Hecla Mining

JetBlue Airways

Lumen Technologies

Rite Aid

Sirius XM Holdings Inc

Tupperware

WeWork

Penny stocks, defined as equities under $5 per share, offer huge upside potential but also higher risk. Savvy traders look for signals from options activity to identify promising penny stocks poised for gains.

Penny Stocks To Buy Now? 8 To Watch With Unusual Options Action

If you're looking for penny stocks to buy today, broad stock market news might not be at the top of your mind. However, whether focusing on small cap stocks or larger cap stocks, things like today's PPI inflation data report are worth knowing about.

5 Penny Stocks To Buy For Under $5 With Unusual Options Action

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE:HBI), the world's largest supplier of collegiate fan apparel, and the University of Cincinnati today announced a multi-year extension of their current primary apparel partnership that gives HanesBrands exclusive rights across all retail channels to design, manufacture and distribute University of Cincinnati fanwear. In addition to UC, more than a dozen leading universities have primary apparel partnerships with HanesBrands, including the U.

HanesBrands and University of Cincinnati Extend Exclusive Primary Apparel Partnership

Investors are weighing the implications of Hanesbrands potentially selling off its Champion unit. Hanesbrands stock is also being impacted by concerns about interest rates.

Why Hanesbrands Stock Is Sinking This Week

Hanesbrands (HBI) is grappling with a rising inflationary environment and persistent macro-driven slowdown in consumer spending.

Hanesbrands (HBI) Down More Than 15% in 6 Months: Here's Why

Global apparel maker Hanesbrands Inc. NYSE: HBI shares have been in a cascading fall, shedding 37.7% year-to-date (YTD). The company owns many innerwear and athleisure brands, including Hanes, Champion, Playtex, L'eggs, Wonderbra, Bonds, Bali, Maidenform, Berlei, Just My Size, Alternative and Comfortwash.

Is Hanes Worth More than the Sum of Its Parts?

Hanesbrands (HBI) is evaluating strategic options for the Champion business including potential sale.

Hanesbrands (HBI) Reviews Strategic Options for Champion Brand

NEW YORK--(BUSINESS WIRE)--Barington Capital Group L.P. and its affiliates (“Barington”), a fundamental, value-oriented activist investor which is a shareholder of Hanesbrands Inc. (NYSE: HBI) (“Hanesbrands” or the “Company”), today issued the following statement regarding the Company's announcement that it will explore strategic options for its global Champion business. “As we have communicated in our recent discussions with Hanesbrands' Board of Directors and management team, we believe urgen.

Barington Capital Comments on Hanesbrands' Review of Strategic Options for Global Champion Business

Shares of Hanesbrands Inc. HBI, -3.67% jumped 2.2% in premarket trading Tuesday, after the clothes and underwear seller said it is considering a broad range of alternatives for its Champion athletic-apparel business, including a potential sale. The company said it has not set a timetable to complete its review of alternatives, and there is no assurance that the review will result in any transaction.

Hanesbrands stock surges, as potential sale of Champion business is being considered

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today announced that its Board of Directors and executive leadership team, with the assistance of financial and legal advisors, are undertaking an evaluation of strategic options for the global Champion business. As part of this process, the Board will consider a broad range of alternatives to maximize shareholder value, including, among others, a potential sale or other strategic transaction, as well as continuing to operate the bus.

HanesBrands Announces Evaluation of Strategic Options for Global Champion Business

Hanesbrands (HBI) signs a strategic multi-year license agreement with G-III Apparel (GIII). It also inks a multiyear extension of its current apparel partnership with Florida State University.

Hanesbrands' (HBI) Latest Partnerships to Drive Growth

G-III Apparel Group

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands, a global leader in iconic apparel brands, and G-III Apparel Group, Ltd., a global leader in fashion, today announced they have entered into a strategic multi-year license agreement for the design, production and distribution of outerwear for the Champion and C9 Champion brands in North America, including exploring opportunities across Champion's global network as a key partner. “We are thrilled to work with G-III's team of world-class experts i.

News for Hanesbrands Stock (HBI)