HanesBrands Announces First-Quarter 2022 Results, Exceeding Expectations for Sales and EPS as Company Continues to Execute Full Potential Plan
Hanesbrands Inc. (HBI)
Last hanesbrands inc. earnings: 4/30 06:30 am
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US:NYSE Investor Relations:
ir.hanesbrands.com
Company Research
Source: Business Wire
Net sales from continuing operations of $1.58 billion increase 5% over prior year; increase 7% on a constant currency basisGAAP EPS from continuing operations of $0.32; Adjusted EPS from continuing operations of $0.34Global Champion brand sales increase 6% over prior year in constant currency; growth on a two-year stack basis accelerates for second consecutive quarter to 28%U.S. Innerwear sales increase 1.5% over prior year and 37% on a two-year stack basis, driven by retail space gains, price increases and product mixRepurchased $25 million, or approximately 1.6 million shares, of stock in the quarterProvides second-quarter 2022 guidance. Constant currency net sales consistent with prior year as underlying business fundamentals position Company to anniversary last year’s substantial 88% growth, excluding PPE sales; GAAP EPS of $0.28 to $0.32; Adjusted EPS of $0.32 to $0.36Reaffirms full-year 2022 guidance ranges for sales, operating profit and EPS. Expects sales near the midpoint of
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HBI
News
- Decorated Apparel Market Size is expected to reach USD 70.4 billion by 2031, growing at a CAGR of 11.4%: Straits Research [Yahoo! Finance]Yahoo! Finance
- HanesBrands Announces Substantial Progress Toward Reaching Sustainability Goals Around People, Planet and ProductBusiness Wire
- Compression Stockings Market To Reach USD 3.9 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Hanesbrands Inc.'s (NYSE:HBI) latest 8.4% decline adds to one-year losses, institutional investors may consider drastic measures [Yahoo! Finance]Yahoo! Finance
- Sephora appoints Xia Ding as Managing Director of Sephora Greater China [Yahoo! Finance]Yahoo! Finance
HBI
Earnings
- 2/15/24 - Miss
HBI
Sec Filings
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- HBI's page on the SEC website