The earnings call reflected a strong financial performance with significant improvements in revenue, margins, debt reduction, and earnings per share. However, the challenging consumer environment and the impact of reclassifying Champion Japan as discontinued operations were noted as concerns. Overall, the positive highlights significantly outweighed the lowlights, indicating a robust financial position and strategic execution.
Company Guidance
In the recent Hanesbrands fourth quarter 2024 earnings call, the company provided updated guidance for 2025, emphasizing strong foundational progress and strategic growth initiatives. Key metrics highlighted include a 4% year-over-year sales growth in the fourth quarter, driven by improved sales trends and strategic initiatives, while gross margin improved by 580 basis points to 41.4% and operating margin expanded by 390 basis points to 11.8%. Earnings per share surged by 670%, and the company significantly reduced its debt by over $1 billion, lowering leverage by nearly 2 turns. For 2025, Hanesbrands projects further leveraging its competitive strengths to achieve over 15% margin expansion, more than $400 million in annual operating cash flow, and a focus on debt reduction, aiming to bring leverage down to around 3 times. The company anticipates positive organic constant currency sales growth for the year, driven by new innovations, distribution gains, and market share opportunities, with specific guidance indicating a 1% growth in net sales ($3.5 billion), 10% operating profit growth, over 30% EPS growth, and $350 million in operating cash flow.
Year-Over-Year Revenue Growth
Hanesbrands delivered a 4% year-over-year revenue growth in the fourth quarter, with full-year sales trends improving each quarter.
Gross Margin Improvement
Gross margin improved by 580 basis points over the prior year to 41.4%, attributed to cost savings and improved assortment management.
Debt Reduction
Successfully paid down over $1 billion of debt, reducing leverage by nearly 2 turns.
Earnings Per Share Surge
Earnings per share increased by 670%, reflecting strong financial performance.
Operating Margin Expansion
Operating margin expanded by 390 basis points to 11.8%, supported by a 150 basis point increase in brand investment.
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Hanesbrands (HBI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HBI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 13, 2025
$7.67
$6.25
-18.51%
Nov 07, 2024
$7.10
$8.38
+18.03%
Aug 08, 2024
$5.20
$6.14
+18.08%
May 09, 2024
$4.46
$4.68
+4.93%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hanesbrands (HBI) report earnings?
Hanesbrands (HBI) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Hanesbrands (HBI) earnings time?
Hanesbrands (HBI) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.