HanesBrands (HBI) Tops Q4 EPS by 9c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus

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Go back to HanesBrands (HBI) Tops Q4 EPS by 9c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus

HanesBrands Reports Solid Fourth-Quarter Results

February 9, 2021 6:30 AM EST

Launches Full Potential Plan

Net sales of $1.8 billion, driven by strong performance across biggest business segments Continued momentum in global Champion and U.S. Innerwear Full Potential plan to drive long-term growth and higher profitability Company exploring strategic alternatives for European Innerwear business GAAP loss per share of $0.95, includes $1.33 of charges primarily related to personal protective garment business and 20% SKU reduction effort across company Adjusted EPS of $0.38 per share Declares regular quarterly dividend Virtual... More