Hanes(HBI) - 2025 Q1 - Quarterly Results

Exhibit 99.1 • Reports better-than-expected first quarter results. Reiterates full-year 2025 guidance, which includes its expected impacts from U.S. tariffs. • Net Sales were $760 million; an increase of 2.1% over prior year and consistent with prior year on an organic constant currency basis. • GAAP Gross Margin increased 170 basis points over prior year to 41.7%. Adjusted Gross Margin increased 165 basis points to 41.6%. • GAAP Operating Profit increased 126% over prior year to $80 million and GAAP Operat ...