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Hanesbrands Q1 Earnings Coming Up: Key Factors You Should Know
ZACKS· 2025-05-05 12:20
Hanesbrands Inc. (HBI) is likely to register a top-line decline when it reports first-quarter 2025 earnings on May 8. The Zacks Consensus Estimate for revenues is pegged at $765.8 million, suggesting a decrease of 33.8% from the prior-year quarter's level.The consensus mark for first-quarter earnings has remained unchanged in the past 30 days at 3 cents per share, indicating a significant improvement from a loss of 2 cents per share in the year-ago quarter. HBI has a trailing four-quarter earnings surprise ...
How Hanesbrands is Transforming Its Business for Long-Term Stability
ZACKS· 2025-04-03 16:50
Hanesbrands Inc. (HBI) is driving long-term growth through cost-saving initiatives, supply-chain optimization and debt reduction. The company is strengthening retail partnerships, expanding in key international markets and leveraging AI-driven analytics for better demand forecast and inventory management. These moves have supported the HBI stock’s performance, with shares rising 1.3% in the past month, outperforming the industry and the S&P 500’s declines of 11.9% and 2.8%, respectively.HBI Stock Past Month ...
Hanesbrands Is Mature And Stagnated, Does Not Deserve A 10x Multiple
Seeking Alpha· 2025-02-25 17:13
Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very sm ...
Hanes(HBI) - 2024 Q4 - Annual Report
2025-02-14 13:31
Business Operations - Hanesbrands operates a portfolio of recognized apparel brands, reaching nine out of ten U.S. households and holding the No. 1 position in innerwear sales[13] - The company produced or sourced nearly 75% of its apparel units through its own plants or dedicated contractors, enhancing cost efficiency and scalability[15] - The company plans to exit the U.S.-based outlet store business and the global Champion business, with the sale of related assets expected to be completed by September 30, 2024[22] - The company aims to drive transformational growth by expanding its core business and exploring new markets and opportunities[20] - The company’s business strategy focuses on simplifying its portfolio, improving operations, and delivering measurable results to enhance sales and margins[19] Financial Performance - In 2024, the U.S. segment generated net sales of $2.6 billion, accounting for approximately 74% of total net sales[34] - The International segment reported net sales of $908 million, representing about 26% of total net sales[36] - Walmart, Amazon, and Target were the largest customers, contributing 24%, 13%, and 11% of total net sales, respectively[38] - Sales to mass merchants in the U.S. accounted for approximately 38% of total net sales in 2024[39] - Sales to pure play e-commerce customers in the U.S. represented about 13% of total net sales[40] - Brand investment, including advertising and promotion expenses, was approximately $174 million in 2024, representing 5.0% of total net sales, compared to $126 million or 3.5% in 2023[55] Sustainability Initiatives - Hanesbrands achieved over $31 million in cost savings from sustainability initiatives since 2020, with significant progress made in 2024[17] - Hanesbrands has set 2030 targets to reduce carbon emissions, surpassing its goals seven years ahead of schedule[16] - The company achieved a 51.5% reduction in Scope 1 and 2 emissions and a 27.7% reduction in Scope 3 emissions against a 2019 baseline, exceeding its science-based greenhouse gas goals[69] - The company is committed to sustainability, with updated sustainability goals expected to be announced in the second quarter of 2025[68] Product Innovation - In 2023, Hanesbrands launched the M by Maidenform collection, targeting younger consumers, and received strong initial consumer response[30] - The Hanes brand introduced the Hanes Originals SuperSoft collection in 2024, reinforcing its innovation leadership in comfort-driven apparel[28] - In 2024, the company filed 20 patent applications and had 23 patents issued globally, focusing on innovative fabric platforms and product design innovations[55] - The Total Support Pouch is sold in eight countries, while Hanes Originals and M by Maidenform are sold in eight and five countries, respectively[55] Workforce and Employment - As of December 28, 2024, the company employed approximately 41,000 employees, with 93% located outside the United States[70] - Approximately 36% of the global workforce is male and 64% is female, with 18% representation of people of color at senior manager levels in the U.S.[72] - The company's OSHA recordable rate improved to 0.29 in 2024 from 0.33 in the prior year, indicating enhanced workplace safety[71] - In 2024, associates completed over 11,000 hours of micro-learning modules as part of the company's talent development initiatives[73] - The company plans to launch another global engagement survey in 2025, following positive results from the 2023 survey[74] Manufacturing and Distribution - The company operates 20 manufacturing facilities, with most cutting and sewing operations located in Asia, Central America, and the Caribbean Basin[45] - As of December 28, 2024, the company distributed products from 26 distribution centers, including 9 in the U.S. and 17 internationally[48] - The company reduced the number of SKUs across its portfolio by nearly 40% since 2020[50] - Approximately 75% of apparel units sold in 2024 were from finished goods manufactured through owned and third-party facilities[44] - Approximately 79% of employees are employed in large-scale supply chain facilities primarily located in Central America, the Caribbean Basin, and Asia[70] Market Position - Bonds, Australia's largest innerwear brand, operates over 140 retail stores and has a thriving e-commerce business[29] - The International segment's largest markets include Australia, Mexico, Canada, and Latin America[36] - The company is a market leader in men's underwear and intimate apparel in the U.S. under the Hanes and Polo Ralph Lauren brands[34]
Hanes(HBI) - 2024 Q4 - Earnings Call Transcript
2025-02-13 20:41
HanesBrands (HBI) Q4 2024 Earnings Call February 13, 2025 04:41 PM ET Company Participants TC Robillard - Vice President, Investor RelationsSteve Bratspies - Chief Executive OfficerScott Lewis - CFOPaul Kearney - VP - Equity ResearchAditya Kulkarni - Equity Research AssociatePaul Lejuez - Managing DirectorPeter McGoldrick - Equity Research Associate Conference Call Participants Ike Boruchow - Managing Director: Senior Analyst - Retailing, Specialty Softlines and E-commerceWilliam Reuter - AnalystCarla Casel ...
Hanesbrands Earnings Beat Estimates in Q4, Sales Increase Y/Y
ZACKS· 2025-02-13 18:31
Hanesbrands Inc. (HBI) has reported fourth-quarter 2024 results, with the top line increasing year over year and missing the Zacks Consensus Estimate. The bottom line improved from the year-ago quarter’s reported figure and surpassed the consensus mark. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company posted adjusted earnings from continuing operations of 17 cents per share, surpassing the Zacks Consensus Estimate of earnings of 14 cents. The metric increased from 5 cents i ...
Hanes(HBI) - 2024 Q4 - Earnings Call Transcript
2025-02-13 16:15
Hanesbrands Inc. (NYSE:HBI) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants T.C. Robillard - VP, IR Steve Bratspies - CEO Scott Lewis - CFO Conference Call Participants Paul Kearney - Barclays Capital Aditya Kulkarni - UBS Paul Lejuez - Citi Ike Boruchow - Wells Fargo Peter McGoldrick - Stifel William Reuter - Bank of America Carla Casella - JPMorgan Operator Good day, and thank you for standing by. Welcome to the Hanesbrands' Fourth Quarter 2024 Earnings Conference Call. ...
Hanes(HBI) - 2024 Q4 - Annual Results
2025-02-13 12:03
Historical Financial Results Revised to Present the Champion Japan Business as Discontinued Operations along with the Global Champion and U.S.-Based Outlet Store Businesses Fiscal Year 2022 thru Fiscal Year 2024 Exhibit 99.3 Supplemental Information February 13, 2025 1 Table of Contents In the second quarter of 2024, the Company reached the decision to exit the U.S.-based outlet store business and the global Champion business, excluding the Champion Japan business, and began to separately report the results ...
Hanesbrands Gears Up for Q4 Earnings: What to Expect From the Stock?
ZACKS· 2025-02-11 17:56
Hanesbrands (HBI) is likely to report fourth-quarter 2024 earnings on Feb. 13. The Zacks Consensus Estimate for quarterly revenues is pegged at $899.3 million. The consensus mark for earnings has remained unchanged in the past 30 days and is pegged at 14 cents per share. HBI delivered a trailing four-quarter earnings surprise of 21.6%, on average. In the last reported quarter, the company reported an earnings surprise of 36.4%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Things to ...
Undercovered Dozen: Nokia, Juniper Networks, Hanesbrands, Infinera +
Seeking Alpha· 2025-02-01 13:30
Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight twelve actionable investment ideas on tickers with less coverage. These ideas can range from "boring" large caps to promising up-and-coming small caps. Specifically, the inclusion criteria for "undercovered" include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days. Follow this account ...