Hanesbrands Raises Profit Guidance on Q3 Earnings & Sales Beat [Yahoo! Finance]
Hanesbrands Inc. (HBI)
Last hanesbrands inc. earnings: 4/30 06:30 am
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ir.hanesbrands.com
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Source: Yahoo! Finance
Management expects to revert to revenue growth in the fourth quarter and raised its full-year profit guidance. Strategic actions to streamline and focus the business are delivering results, enabling significant changes to the cost structure, boosting operational efficiency, lowering inventory and freeing capital for growth investments. These efforts are expected to drive improvements in margins, cash flow, and debt reduction through 2025. The company posted adjusted earnings from continuing operations of 15 cents per share, surpassing the Zacks Consensus Estimate of 11 cents. The metric increased considerably from the adjusted loss from continuing operations of 2 cents per share reported in the year-ago quarter. Hanesbrands Inc. price-consensus-eps-surprise-chart | Hanesbrands Inc. Quote Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Net sales from continuing operations declined 2.5% to $937.1 million while exceeding the Zacks Consensus Estimate of $
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HBI
News
- Careismatic Brands Welcomes Jonathan Ram as Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
- Hanesbrands Inc. (NYSE: HBI) had its price target raised by analysts at Barclays PLC from $6.00 to $7.00. They now have an "equal weight" rating on the stock.MarketBeat
- Hanesbrands Inc (HBI) Q3 2024 Earnings Call Highlights: Strong Profit Growth Amid Sales Challenges [Yahoo! Finance]Yahoo! Finance
- HanesBrands Announces Third-Quarter 2024 ResultsBusiness Wire
- Hanesbrands Q3 Earnings on the Horizon: Key Insights for Investors [Yahoo! Finance]Yahoo! Finance
HBI
Earnings
- 11/7/24 - Beat
HBI
Sec Filings
- 11/13/24 - Form 144
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- HBI's page on the SEC website