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Recap: Hanesbrands Q4 Earnings

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Benzinga Insights
·1 min read
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Shares of Hanesbrands (NYSE:HBI) rose 1.1% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 25.49% over the past year to $0.38, which beat the estimate of $0.29.

Revenue of $1,801,000,000 rose by 2.86% from the same period last year, which beat the estimate of $1,640,000,000.

Guidance

Q1 EPS expected to be between $0.24 and $0.27.

Q1 revenue expected to be between $1,485,000,000 and $1,515,000,000.

Details Of The Call

Date: Feb 09, 2021

View more earnings on HBI

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/2oazc7ps

Recent Stock Performance

52-week high: $17.73

Company's 52-week low was at $6.96

Price action over last quarter: Up 27.09%

Company Overview

Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Champion, Playtex, Bali, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers. Hanesbrands is vertically integrated as it produces more than 70% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas, Europe, and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.

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