HanesBrands (HBI) Reports In-Line Q3 EPS, Offers Guidance

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Go back to HanesBrands (HBI) Reports In-Line Q3 EPS, Offers Guidance

HanesBrands Reports Third-Quarter Financial Results

October 27, 2016 4:06 PM EDT

- Quarter Results Include Net Sales Growth of 11%, Record Cash Flow from Operations of $337 Million, and Double-Digit EPS Growth in Line with Hanes Guidance

- Sales Initiatives and Inventory-Reduction Efforts Delivering Intended Results

- Full-Year 2016 Guidance Continues to Expect Record Cash Flow, High-Single-Digit Net Sales Growth, and 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 third-quarter growth for net sales, operating profit and diluted earnings per share consistent with... More