Hanesbrands Fiscal Q4 Adjusted Earnings, Net Sales Rise; Fiscal Q1, Fiscal 2025 Outlooks Issued

MT Newswires Live
13 Feb

Hanesbrands (HBI) reported fiscal Q4 adjusted earnings Thursday of $0.17 per diluted share, up from $0.05 a year earlier.

Analysts polled by FactSet expected $0.14.

Net sales for the quarter ended Dec. 28 were $888.5 million, up from $850.3 million a year earlier.

Four analysts surveyed by FactSet expected $899.2 million.

Hanesbrands said it expects fiscal Q1 adjusted EPS of $0.02 on net sales of $750 million. Analysts surveyed by FactSet expect non-GAAP EPS of $0.03 on sales of $785.3 million.

The company expects fiscal 2025 adjusted diluted EPS of about $0.51 to $0.55 on net sales of about $3.47 billion to $3.52 billion. Analysts polled by FactSet expect non-GAAP EPS of $0.51 on sales of $3.63 billion.

The company's shares were down over 6% in recent premarket activity Thursday.

Price: 7.20, Change: -0.47, Percent Change: -6.1

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