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Hanesbrands Inc. (HBI) Beats Q1 Views; Increases FY11 Outlook Above Street

April 20, 2011 6:36 AM
Hanesbrands Inc. (NYSE: HBI) reported Q1 EPS of $0.49, $0.16 better than the analyst estimate of $0.33. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.01 billion.

Sees FY2011 EPS of $2.70 - $2.90, versus the consensus of $2.68. Also sees FY11 revenue of $4.9 - $5.0 billion, versus the consensus of $4.86 billion.

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