Company Overview - Hanesbrands Inc (NYSE: HBI) operates in the apparel industry, selling products through brands such as Hanes, Bonds, Bali, Maidenform, Playtex, and JMS [1] - The company has a strong focus on underwear but also offers a variety of other clothing items [1] Investment Philosophy - The investment approach emphasizes identifying mispriced securities by understanding the drivers behind a company's financials [1] - A DCF (Discounted Cash Flow) model is often used to evaluate a stock's prospects, considering all aspects of the company rather than limiting to traditional value, dividend, or growth investing [1] Analyst Disclosure - The analyst has no stock, option, or derivative positions in any of the mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article reflects the analyst's personal opinions and is not influenced by any compensation or business relationships with the mentioned companies [2] Seeking Alpha Disclosure - Seeking Alpha's analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified by any regulatory body [3] - The platform does not provide investment advice or recommendations, and the views expressed may not reflect those of Seeking Alpha as a whole [3]

While Paycom (PAYC 0.39%) and Hanesbrands (HBI -0.47%) registered gains in 2024, both stocks have tumbled from their all-time highs. Paycom is sacrificing near-term growth to take advantage of a long-term opportunity to the ire of Wall Street, and Hanesbrands is fixing its balance sheet and stabilizing after a rough post-pandemic period.While there are no guarantees, both Paycom and Hanesbrands look ripe for further gains in 2025 and beyond.PaycomShares of payroll software provider Paycom have rebounded rec ...

For Immediate ReleasesChicago, IL – December 11, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including The Walt Disney Company (DIS) , Choice Hotels International, Inc. (CHH) , Snap-on Inc. (SNA) , Hanesbrands Inc. (HBI) and Mattel, Inc. (MAT) .Here are highlights from Wednesday’s Analyst Blog:5 Discretion ...

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 ...

Earnings Performance - The company posted adjusted earnings from continuing operations of 15 cents per share, surpassing the Zacks Consensus Estimate of 11 cents and showing a significant improvement from the adjusted loss of 2 cents per share in the year-ago quarter [3] - Net sales from continuing operations declined 2.5% to $937.1 million but exceeded the Zacks Consensus Estimate of $928 million [4] - Adjusted gross profit increased by 11% year over year to $392 million, with the adjusted gross margin rising by 525 bps to 41.8% [5] - Adjusted operating profit surged 46% year over year to $122 million, with the adjusted operating margin increasing by 435 bps to 13% [6] Segment Performance - The U.S. segment's net sales dropped 1% year over year to $678.3 million, but the segmental operating margin improved by 665 bps to 22.1% [8] - International net sales grew 1.3% to $259.1 million, with a 4% increase at constant currency, driven by growth in the Americas and Asia [9] - The international segment's operating margin improved by 465 bps to 14.2%, supported by reduced input costs and cost-saving measures [9] Financial Health - The company ended the quarter with cash and cash equivalents of $317.3 million, long-term debt of $3,211.2 million, and total stockholders' equity of $149.3 million [10] - Year-to-date cash flow from operations amounted to $197 million, with free cash flow of $165 million [11] - The company had approximately $1.1 billion of available capacity under its credit facility at the end of the quarter [10] Guidance and Expectations - For 2024, net sales from continuing operations are anticipated to be around $3.61 billion, reflecting a 4% year-over-year decline on a reported basis and a 2% decline on an organic basis at constant currency [12] - Adjusted operating profit from continuing operations is expected to be $417 million, with adjusted EPS from continuing operations envisioned at approximately 39 cents [13] - Cash flow from operations is forecasted to be nearly $250 million, with free cash flow expected to be approximately $210 million in 2024 [14] - For Q4 2024, net sales from continuing operations are expected to be around $900 million, suggesting a 2% year-over-year growth on a reported basis and a 3% increase on an organic basis at constant currency [15] - Adjusted operating profit from continuing operations for Q4 is likely to be around $115 million, with adjusted earnings from continuing operations envisioned at about 14 cents per share [16] Strategic Actions - Strategic actions to streamline and focus the business are delivering results, enabling significant changes to the cost structure, boosting operational efficiency, lowering inventory, and freeing capital for growth investments [2] - These efforts are expected to drive improvements in margins, cash flow, and debt reduction through 2025 [2]

Hanesbrands Inc. (NYSE:HBI) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants T.C. Robillard - Vice President of Investor Relations Steve Bratspies - Chief Executive Officer Scott Lewis - Chief Financial Officer Conference Call Participants Brandon Cheatham - Citi David Swartz - Morningstar Paul Kearney - Barclays Capital Rob Rigby - Bank of America Operator Good day, and thank you for standing by. Welcome to the Hanesbrands' Third Quarter 2024 Earnings Conference Call. At th ...

Exhibit 99.1 HANES Brands Inc News Media contact: Nicole Ducouer (336) 986-7090 Analysts and Investors contact: T.C. Robillard (336) 519-2115 HanesBrands Announces Third-Quarter 2024 Results Raises Full-Year and Fourth-Quarter Operating Profit, EPS, and Cash Flow Outlook On Track to Pay Down $1 Billion of Debt in Second-Half 2024 • Reports net sales at the mid-point of expected range with operating profit and earnings per share (EPS) above the high-end of expected range. • Raises full-year and fourth-quarte ...

Hanesbrands (HBI) is likely to register year-over-year bottom-line growth when it reports third-quarter 2024 earnings on Nov. 7, before market open. The Zacks Consensus Estimate for earnings has declined a penny in the past 30 days to 11 cents per share, suggesting an increase of 10% from the prior-year reported figure.The consensus estimate for quarterly revenues is pegged at $928.3 million, indicating a drop of 38.6% from the year-ago quarter’s reported figure.HBI has a trailing four-quarter earnings surp ...

"This collaboration captures the best of both worlds, blending Harley's rebellious spirit with Champion's athleticwear heritage. It's a collection built for those who live boldly—whether on the open road or the city streets," said Erica Bullard, Senior Vice President, Harley-Davidson. The Champion x Harley-Davidson® Capsule Collection features sweatshirts, tees, and hats with modern cuts and oversized graphics. Each piece combines rugged durability with the comfort of your favorite sweats, offering a unique ...

In the latest trading session, HanesBrands (HBI) closed at $7.26, marking a -0.14% move from the previous day. This change lagged the S&P 500's 0.16% gain on the day. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq gained 0.78%. Coming into today, shares of the underwear, T-shirt and sock maker had lost 1.09% in the past month. In that same time, the Consumer Discretionary sector gained 0.21%, while the S&P 500 gained 1.67%. The investment community will be paying close attention to the earn ...