HanesBrands (HBI) Tops Q3 EPS by 3c, Offers Q4 Guidance
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HanesBrands Reports Third-Quarter 2020 Financial Results
November 5, 2020 6:30 AM ESTNet Sales, operating profit, EPS and operating cash flow above expectations
U.S. Innerwear sales up 8.4% over last year, excluding protective garments; up 11.5% on rebased basis
Global Champion net sales more than doubled over previous quarter
3Q net sales of $1.81 billion driven by improved sales trends across apparel businesses
3Q GAAP EPS $0.29; Adjusted EPS $0.42
3Q net cash from operations of $249 million
Launches in-depth business review as it prepares long-term growth strategy
WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- Hanesbrands Inc. (NYSE: HBI), a... More

