Hanesbrands Inc (HBI) Q1 2025 Earnings Call Highlights: Strong Profit Growth and Strategic Debt ...
Hanesbrands Inc (HBI) reports a significant increase in operating profit and EPS, while successfully reducing over $1 billion in debt.
Ticker |
HBI
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CIK | 0001359841 |
SIC | 5600 |
Sector | Retail Trade |
Industry Category | Retail |
Industry Group | Retail – Apparel & Accessory Stores |
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Hanesbrands Inc (HBI) Q1 2025 Earnings Call Highlights: Strong Profit Growth and Strategic Debt ...Hanesbrands Inc (HBI) reports a significant increase in operating profit and EPS, while successfully reducing over $1 billion in debt. Hanesbrands Q1 Earnings Beat Estimates, Sales Increase 2.1% Y/YHBI first-quarter results reflect a 2.1% sales rise and solid margin gains driven by cost savings. Management reiterates its 2025 outlook. HanesBrands Posts Strong Q1 Despite Tariff Headwinds, Stock SoarsShares of clothing company HanesBrands Inc. (NYSE:HBI) are trading higher on Thursday after the company reported better-than-expected first-quarter 2025 earnings. Sales grew 2.1% year-over-year to $760.148 million, beating the analyst consensus estimate of $752.34 million. Adjusted EPS of 7 cents beat the analyst consensus of 2 cents. U.S. net sales declined 1% year over year as gains in Basics, Active, and New were outweighed by ongoing challenges in Intimate Apparel business. Operating margin Hanesbrands Shares Rise After Swinging to Fiscal Q1 Adjusted Earnings as Net Sales IncreaseHanesbrands (HBI) shares were up more than 2% in recent Thursday trading after the company reported |