Hanesbrands Inc Provides Earnings Guidance for the Second Quarter Ending June 28, 2025 and Full Year Ending January 3, 2026
Published on 05/08/2025 at 07:00,
updated on 05/08/2025 at 08:52
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Hanesbrands Inc. provided earnings guidance for the second quarter ending June 28, 2025 and full year ending January 3, 2026. For the second quarter company expects Net Sales from continuing operations of approximately $970 million, which includes projected headwinds of approximately $15 million from changes in foreign currency exchange rates. Net Sales are expected to be relatively consistent with prior year on both a reported and organic constant currency basis. GAAP Operating Profit from continuing operations of approximately $129 million. The operating profit outlook includes a projected headwind of approximately $2 million from changes in foreign currency exchange rates. GAAP Earnings Per Share from continuing operations of approximately $0.16.
For the full year company expects Net Sales from continuing operations of approximately $3.47 billion to $3.52 billion, which includes projected headwinds of approximately $60 million from changes in foreign currency exchange rates. At the midpoint, Net Sales are expected to be relatively consistent with prior year on a reported basis and increase approximately 1% on an organic constant currency basis. GAAP Operating Profit from continuing operations of approximately $425 million to $440 million. GAAP Earnings Per Share from continuing operations of approximately $0.42 to $0.46.
Hanesbrands Inc. designs, manufactures, sources, and sells a range of innerwear apparel, such as t-shirts, bras, panties, shapewear, underwear and socks, as well as other apparel products. It offers everyday apparel in the Americas, Australia and Asia, under apparel brands, such as Hanes, Bonds, Bali, Maidenform, Bras N Things, Playtex, Wonderbra, Berlei, Comfortwash and JMS/Just My Size. Its segments include the U.S. and International. U.S. includes innerwear sales in the United States of basic branded apparel products that are replenishment in nature under the product categories of menâs underwear, womenâs panties, childrenâs underwear and socks, and intimate apparel, which includes bras and shapewear. It also includes other apparel sales in the United States of branded products that are seasonal in nature to both retailers and wholesalers. International includes sales of its innerwear and other apparel products outside the United States, Australia, Asia, Latin America and Canada.
