HanesBrands (HBI) Reports In-Line Q2 EPS; Reaffirms

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HanesBrands Reports In-Line Results for Second-Quarter 2017

August 1, 2017 4:05 PM EDT

2Q Net Sales of $1.65 Billion Increased 12%; GAAP EPS of $0.47 Increased 38%; Adjusted EPS of $0.53 Increased 4% Working Capital Discipline Delivered Strong Cash Flow Company Reaffirms Full-Year 2017 Guidance for Net Sales, Operating Profit, EPS and Cash from Operations

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 2017 net sales and earnings growth in line with company guidance.

For the second quarter ended July 1, 2017, net sales of $1.65 billion... More