HBI Stock - Hanesbrands Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $3.51B | $3.64B | $3.86B | $6.80B | $6.13B |
| Gross Profit | $1.36B | $1.29B | $1.35B | $2.65B | $1.60B |
| Gross Margin | 38.8% | 35.5% | 34.9% | 39.0% | 26.2% |
| Operating Income | $185.95M | $266.28M | $267.37M | $797.73M | $42.67M |
| Net Income | $-320,431,000 | $-17,726,000 | $-127,204,000 | $77.22M | $-75,579,000 |
| Net Margin | -9.1% | -0.5% | -3.3% | 1.1% | -1.2% |
| EPS | $-0.91 | $-0.05 | $-0.36 | $0.22 | $-0.21 |
Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children. The company operates through three segments: Innerwear, Activewear, and International. It sells men's underwear, women's panties, children's underwear, activewear, and socks, as well as intimate apparel, such as bras and shapewears; home goods; and T-shirts, fleece, performance apparel, sport shirts, performance T-shirts and shorts, sports bras, teamwear, and thermals, as well as licensed logo apparel in collegiate bookstores, mass retailers, and other channels. The company licenses its Champion name for footwear and sports accessories. Hanesbrands Inc. provides its products primarily under the Hanes, Champion, Maidenform, JMS/Just My Size, Bali, Polo Ralph Lauren, Playtex, DKNY, Alternative, Gear for Sports, Comfortwash, Hanes Beefy-T, Bonds, DIM, Sheridan, Bras N Things, Lovable, Wonderbra, Berlei, Abanderado, Shock Absorber, Zorba, Explorer, Sol y Oro, Maidenform, Rinbros, and Bellinda brand names. The company markets its products through retailers, wholesalers, and third-party embellishers. As of January 2, 2022, it operated 216 retail and direct outlet stores in the United States and the Commonwealth of Puerto Rico, as well as 626 retail and outlet stores internationally. The company also sells its products in Europe, Australia, Asia, Latin America, Canada, the Middle East, Africa, Mexico, and Brazil. Hanesbrands Inc. was founded in 1901 and is headquartered in Winston-Salem, North Carolina.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 26th 2024 | UBS | Upgrade | Buy | $11← $9 |
| November 10th 2022 | Credit Suisse | Downgrade | Neutral | $7← $10 |
| October 31st 2022 | Wells Fargo | Downgrade | Underweight | $5← $13 |
| July 13th 2022 | Evercore ISI | Downgrade | In-line | - |
| June 8th 2022 | Barclays | Downgrade | Equal Weight | $13← $18 |
| May 6th 2022 | Stifel | Downgrade | Hold | $13← $26 |
Earnings History & Surprises
HBIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 12, 2026 | $0.19 | — | — | — |
Q4 2025 | Nov 6, 2025 | $0.16 | $0.15 | -6.3% | ✗ MISS |
Q3 2025 | Aug 7, 2025 | $0.18 | $0.24 | +33.3% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $0.03 | $0.07 | +133.3% | ✓ BEAT |
Q1 2025 | Feb 13, 2025 | $0.14 | $0.17 | +21.4% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $0.11 | $0.15 | +36.4% | ✓ BEAT |
Q3 2024 | Aug 8, 2024 | $0.10 | $0.15 | +50.0% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $-0.06 | $-0.02 | +66.7% | ✓ BEAT |
Q1 2024 | Feb 15, 2024 | $0.09 | $0.03 | -66.7% | ✗ MISS |
Q4 2023 | Nov 9, 2023 | $0.11 | $0.10 | -9.1% | ✗ MISS |
Q3 2023 | Aug 10, 2023 | $-0.01 | $-0.01 | -51.5% | ✗ MISS |
Q2 2023 | May 3, 2023 | $-0.06 | $-0.06 | 0.0% | = MET |
Q1 2023 | Feb 2, 2023 | $0.08 | $0.07 | -12.5% | ✗ MISS |
Q4 2022 | Nov 9, 2022 | $0.27 | $0.29 | +7.4% | ✓ BEAT |
Q3 2022 | Aug 11, 2022 | $0.32 | $0.28 | -12.5% | ✗ MISS |
Q2 2022 | May 5, 2022 | $0.28 | $0.34 | +21.4% | ✓ BEAT |
Q1 2022 | Feb 3, 2022 | $0.43 | $0.44 | +2.3% | ✓ BEAT |
Q4 2021 | Nov 4, 2021 | $0.47 | $0.53 | +12.8% | ✓ BEAT |
Q3 2021 | Aug 5, 2021 | $0.39 | $0.47 | +20.5% | ✓ BEAT |
Latest News
First Interstate BancSystem Inc. Will Replace Hanesbrands Inc. In The S&P SmallCap 600 Effective Prior To The Opening Of Trading On Tuesday, December 2
📈 PositiveHanesbrands Q3 Adj. EPS $0.15 Misses $0.16 Estimate, Sales $891.683M Miss $895.797M Estimate
📉 NegativeWipro Signs Multi-Year Strategic Agreement To Transform HanesBrands' IT Infrastructure And Cybersecurity Operations With AI-First Approach
📈 PositiveCitigroup Maintains Neutral on Hanesbrands, Raises Price Target to $7
➖ NeutralReported Earlier, Gildan Prices $600M 4.700% Notes Due 2030 And $600M 5.400% Notes Due 2035 In $1.2B Offering To Fund Hanesbrands Deal
📈 PositiveInfosys To Serve As HanesBrands' Strategic Collaborator In Digital, Business Applications And Data Landscape
📈 PositiveGildan Activewear to acquire HanesBrands
📈 PositiveHanesbrands stock soars on beat-and-raise Q2 report
📈 PositiveFrequently Asked Questions about HBI
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