Hanesbrands Inc

NYSE:HBI  
12.09
+0.33 (+2.81%)
Other Pre-Announcement

HanesBrands Announces First-Quarter 2022 Results

Published: 05/05/2022 11:25 GMT
Hanesbrands Inc (HBI) - Hanesbrands Announces First-quarter 2022 Results, Exceeding Expectations for Sales and EPS As Company Continues to Execute Full Potential Plan.
Q1 Adjusted Earnings per Share $0.34 From Continuing Operations.
Q1 GAAP Earnings per Share $0.32 From Continuing Operations.
Q1 Sales Rose 5 Percent to $1.58 Billion.
Sees Q2 Adjusted Earnings per Share About $0.32 to $0.36 From Continuing Operations.
Sees Q2 GAAP Earnings per Share About $0.28 to $0.32 From Continuing Operations.
Sees FY Adjusted Earnings per Share About $1.64 to $1.81 From Continuing Operations.
Sees FY GAAP Earnings per Share About $1.50 to $1.67 From Continuing Operations.
Sees Q2 Sales About $1.68 Billion to $1.73 Billion.
Sees FY Sales About $7.0 Billion to $7.15 Billion.
Q2 Earnings per Share View $0.42, Revenue View $1.79 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $1.75, Revenue View $7.02 Billion -- Refinitiv Ibes Data (analyst estimates).
Q1 Earnings per Share View $0.28, Revenue View $1.54 Billion -- Refinitiv Ibes Data (analyst estimates).
Reaffirms Full-year 2022 Guidance Ranges for Sales, Operating Profit and Eps.