HanesBrands (HBI) Misses Q2 EPS by 1c, Offers Q3 & Q4 Guidance
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HanesBrands Reports Second-Quarter Financial Results
August 2, 2016 4:05 PM EDTCompany Reaffirms Full-Year 2016 Financial Guidance for Net Sales, Net Cash from Operations, and Another Year of Double-Digit EPS Growth
WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- HanesBrands (NYSE: HBI), a leading global marketer of everyday basic apparel under world-class brands, today announced second-quarter financial results and reaffirmed its full-year 2016 financial guidance for net sales, net cash from operations, and other key performance metrics.
Consistent with the companys expectations, net sales decreased 3 percent to $1.47 billion for the quarter ended July 2, 2016, as a result of comparisons with strong performance in the year-ago quarter that included... More
