HanesBrands Reports First-Quarter 2020 Financial Results
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
– Strong revenue and profit trends disrupted by late-quarter effects of COVID-19 – Employees rise to meet challenges, including continuing to serve open channels of trade and pivoting to manufacture much-needed face coverings– 1Q results include net sales of $1.32 billion; GAAP and adjusted operating profit of $34 million and $63 million, respectively; and GAAP and adjusted EPS of $(0.02) and $0.05, respectively– COVID-19 estimated to have reduced GAAP and adjusted results by $181 million in net sales, $86 million in operating profit, and $0.20 in EPS– Despite pandemic, operating cash flow improved by more than $100 million– Actions taken to assure cash preservation and balance sheet flexibility and liquidity WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a leading global marketer of branded everyday basic apparel, today announced first-quarter results that were significantly affected by the COVID-19 pandemic.Prior to the pandemic’s late-quarter disruption of econom
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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