HanesBrands (HBI) Reports In-Line Q3 EPS

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HanesBrands Reports Third-Quarter 2018 Financial Results

November 1, 2018 7:00 AM EDT

3Q net sales increase 3 percent with constant-currency organic sales up 1%; Activewear and International sales increase, while Innerwear sales decrease 3Q GAAP EPS was $0.47 and pro forma adjusted EPS excluding actions was $0.55 Company uses free-cash generation to pay down debt and improve debt leverage Company issues 4Q guidance for GAAP EPS of $0.42 to $0.46 and adjusted EPS excluding actions of $0.46 to $0.50

WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- HanesBrands (NYSE: HBI), a leading global marketer of everyday basic apparel under... More