Hanesbrands (NYSE:HBI) Full Year 2024 Results

Key Financial Results

• Revenue: US$3.51b (down 38% from FY 2023).
• Net loss: US$98.0m (loss widened by 453% from FY 2023).
• US$0.28 loss per share (further deteriorated from US$0.051 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hanesbrands Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in the US.

Performance of the American Luxury industry.

The company's shares are down 22% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Hanesbrands you should be aware of.

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