HBI's third-quarter results reflect lower sales and an earnings miss but highlight improved profits and cost savings.
HBI is set to post modest sales softness but improved profitability as cost cuts and efficiency gains are likely to have supported its Q3 performance.
Hanesbrands is executing major transformations, including debt reduction, asset sales, and technology upgrades, positioning for margin expansion, and improved financials in 2025-2026. Recent EPS and revenue beats, plus raised 2025 guidance and a lower net leverage ratio, signal operational momentum and potential for stock price appreciation. With a net debt of $6.7 billion, a 7x FCF multiplier, a cost of debt of 6.6%, and a WACC of 7.7%, my DCF returned a fair price of $12.6 per share.
U.S. equities gained at midday after the latest report on consumer inflation came in lower than expected, boosting hopes of a Federal Reserve rate cut. The Nasdaq and S&P 500 traded at record highs, and the Dow Jones Industrial Average was up as well.
Hanesbrands (NYSE:HBI) shares popped almost 37% premarket on a report that it will be acquired by Canada's Gildan Activewear (NYSE:GIL) for $5 billion, including debt. Per a report from the Financial Times, which cited people with knowledge of the matter, talks are at an advanced stage.
HBI's second-quarter results reflect a 1.8% sales rise and solid margin gains driven by cost savings. Management raises its 2025 outlook.
Hanesbrands Inc. (NYSE:HBI ) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Markland Scott Lewis - CFO, Chief Accounting Officer & Senior VP Stephen B. Bratspies - CEO & Director Thomas C.
Despite a tough retail landscape, LULU, RL, UAA and HBI push forward with digital upgrades and brand-boosting strategies.
HBI first-quarter results reflect a 2.1% sales rise and solid margin gains driven by cost savings. Management reiterates its 2025 outlook.
Hanesbrands Inc. (NYSE:HBI ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants T.C. Robillard - Vice President of Investor Relations Steve Bratspies - Chief Executive Officer Scott Lewis - Chief Financial Officer Conference Call Participants Jay Soul - UBS Paul Kearney - Barclays David Swartz - Morningstar Ike Boruchow - Wells Fargo Brandon Cheatham - Citi Operator Good day, and thank you for standing by.
HBI's Q1 results are likely to reflect macroeconomic headwinds and currency impacts, though strategic initiatives may support modest improvement.
HBI strengthens financial position with cost-saving initiatives, debt reduction and efficiency, positioning itself for long-term growth despite challenges.