HanesBrands (HBI) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this underwear, T-shirt and sock maker would post a loss of $0.06 per share when it actually produced a loss of $0.02, delivering a surprise of 66.67%. Over the last four quarters, t ...

Exhibit 99.3 1 Supplemental Information Historical Financial Results Revised to Present the Global Champion and U.S.-Based Outlet Store Businesses as Discontinued Operations 1st Quarter of 2022 - 1st Quarter of 2024 August 8, 2024 Table of Contents In the second quarter of 2024, the Company reached the decision to exit the global Champion and U.S.-based outlet store businesses and began to separately report the results of the global Champion and U.S.-based outlet store businesses as discontinued operations. ...

Hanesbrands Inc. (HBI) is likely to post year-over-year bottom-line growth when it reports second-quarter 2024 earnings on Aug 8 before market open. The Zacks Consensus Estimate for earnings is pegged at 10 cents per share. The company incurred a loss of 1 cent per share in the prior-year quarter. The consensus mark has remained unchanged in the past 30 days. The consensus estimate for quarterly revenues is pegged at $1.4 billion, indicating a drop of 6.1% from the year-ago quarter's reported figure. HBI ha ...

The investment community will be closely monitoring the performance of HanesBrands in its forthcoming earnings report. The company is scheduled to release its earnings on August 8, 2024. The company's upcoming EPS is projected at $0.10, signifying a 1100% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.35 billion, indicating a 6.14% decrease compared to the same quarter of the previous year. Our research demonstrates that the ...

HanesBrands (HBI) shares rallied 5.8% in the last trading session to close at $5.67. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.2% gain over the past four weeks. This underwear, T-shirt and sock maker is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents a year-over-year change of +1100%. Revenues are expected to be $1.35 billion, down 6.1% from the year-ag ...

The latest trading session saw HanesBrands (HBI) ending at $5.36, denoting no adjustment from its last day's close. This change was narrower than the S&P 500's daily loss of 2.32%. Meanwhile, the Dow lost 1.25%, and the Nasdaq, a tech-heavy index, lost 3.64%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.46 per share and a revenue of $5.37 billion, indicating changes of +666.67% and -4.66%, respectively, from the former year. Ranging from #1 (Strong Buy) to #5 (Str ...

The most recent trading session ended with HanesBrands (HBI) standing at $5.42, reflecting a -1.28% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.78%. Elsewhere, the Dow lost 1.29%, while the tech-heavy Nasdaq lost 0.7%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.46 per share and a revenue of $5.37 billion, indicating changes of +666.67% and -4.66%, respectively, from the former year. The upcomi ...

HanesBrands (HBI) closed at $4.74 in the latest trading session, marking a +1.72% move from the prior day. The stock's change was more than the S&P 500's daily gain of 1.02%. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%. For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.46 per share and a revenue of $5.37 billion, signifying shifts of +666.67% and -4.66%, respectively, from the last year. In the context of valuation, HanesBrands is at present ...

HanesBrands (HBI) closed the most recent trading day at $4.84, moving +0.41% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.09%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.3%. Investors will be eagerly watching for the performance of HanesBrands in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.10, showcasing a 1100% upward movement from the corresponding quarter of the prior year ...

What's Working Well? Although HanesBrands' global Innerwear business was pressurized by limited consumer spending in the first quarter of 2024, the company continued to strengthen this business amid headwinds. A focus on innovation launches, coupled with increased investment in brand marketing, keeps the company well-positioned for continued market share growth. All the abovementioned actions are likely to drive strong earnings growth this year and position the company for more consistent top and bottom-lin ...