Item 2.02. Results of Operations and Financial Condition
On July 30, 2020, Hanesbrands Inc. (the "Company" or "Hanesbrands") issued a
press release announcing its financial results for the second quarter ended June
27, 2020. A copy of the press release is attached as Exhibit 99.1 to this
Current Report on Form 8-K.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
In connection with his previously announced retirement as Chief Executive
Officer of the Company, on July 28, 2020, Gerald W. Evans, Jr. notified the
Board of Directors (the "Board") of the Company of his decision to resign from
the Board effective as of August 3, 2020.
On July 28, 2020, the Board elected Stephen B. Bratspies to serve on the Board
to fill the vacancy resulting from Mr. Evans' resignation. The election of Mr.
Bratspies is effective August 3, 2020, and he will serve until the Company's
next annual meeting of stockholders and until his successor is elected and
qualified, or until his resignation or removal. Mr. Bratspies will not serve on
any Committees of the Board.
Mr. Bratspies, who has been elected Chief Executive Officer of the Company
effective August 3, 2020, will receive compensation as disclosed in the
Company's Current Report on Form 8-K filed with the Securities and Exchange
Commission on June 9, 2020 in connection with his service as Chief Executive
Officer of the Company. Mr. Bratspies will not receive any additional
compensation for his service as a director of the Company.
There are no arrangements or understandings between Mr. Bratspies and any other
person pursuant to which he was elected as a director. The Company is not aware
of any transaction with Mr. Bratspies that would require disclosure under Item
404(a) of Regulation S-K.
Item 7.01. Regulation FD Disclosure
The Company has made available on the investors section of its corporate
website, www.Hanes.com/investors, certain supplemental materials regarding
Hanesbrands' financial results and business operations (the
"Supplemental Information"). The Supplemental Information is furnished herewith
as Exhibit 99.2 and is incorporated by reference. All information in the
Supplemental Information is presented as of the particular date or dates
referenced therein, and Hanesbrands does not undertake any obligation to, and
disclaims any duty to, update any of the information provided.
Exhibits 99.1 and 99.2 to this Current Report on Form 8-K include
forward-looking financial information that is expected to be discussed on
Hanesbrands' previously announced conference call with investors and analysts to
be held at 8:30 a.m., Eastern time on July 30, 2020. The call may be accessed at
www.Hanes.com/investors. Replays of the call will be available at
www.Hanes.com/investors and via telephone. The telephone playback will be
available from approximately 12:00 p.m., Eastern time, on July 30, 2020, until
midnight, Eastern time, on August 6, 2020. The replay will be available by
calling toll-free (855) 859-2056, or by toll call at (404) 537-3406. The replay
pass code is 5907699.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit 99.1 Press Release dated July 30, 2020
Exhibit 99.2 Supplemental Information
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline
XBRL document)
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