HanesBrands (HBI) Tops Q2 EPS by 8c, Guidance Tops Views
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HanesBrands Announces Strong Second-Quarter 2021 Results
August 5, 2021 6:00 AM EDTRevenue, operating profit, operating margin and EPS from continuing operations exceed guidance
Net sales from continuing operations of $1.75 billion, up 13% over prior year; up 15% over second-quarter 2019 GAAP EPS from continuing operations of $0.42; adjusted EPS from continuing operations of $0.47 Growth driven by global Champion brand and U.S. Innerwear Global Champion sales up more than 120% over prior year and 21% over second-quarter 2019 Raises second-half and full-year 2021 guidance for net sales, operating profit, and EPS from continuing operations Issues third-quarter 2021 guidance, including net sales from... More