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0 0.00120264582080575 -0.0048105832832232 -0.00300661455201447 -0.00120264582080575 -0.00742597714972967 -0.0180396873120866 -0.0108238123872519
Stock impact report

Hanesbrands Raises Profit Guidance on Q3 Earnings & Sales Beat [Yahoo! Finance]

Hanesbrands Inc. (HBI) 
Last hanesbrands inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hanesbrands.com
Company Research 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 $ Show less Read more
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