HanesBrands (HBI) Misses Q1 EPS by 1c, Offers Guidance
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HanesBrands Reports First-Quarter 2015 Financial Results
April 23, 2015 4:05 PM EDTRecord First-Quarter Results Driven by Acquisition Benefits and Strong Execution
Net Sales of $1.2 Billion Increased 14%, Adjusted Operating Profit of $133 Million Increased 16% and Adjusted Earnings per Share of $0.22 Increased 16%
Company Increases 2015 Guidance to Reflect Recent Acquisition of Knights Apparel
WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- HanesBrands (NYSE: HBI), a leading global marketer of everyday basic apparel under world-class brands, announced today that acquisition benefits helped drive record first-quarter financial results for the second consecutive year.
Net sales increased 14 percent to $1.2 billion in the quarter ended April 4, 2015, while adjusted operating profit... More
