HanesBrands (HBI) Misses Q2 EPS by 1c; Reaffirms

HanesBrands (NYSE: HBI) reported Q2 EPS of $0.45, $0.01 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $1.72 billion versus the consensus estimate of $1.71 billion.

Company reaffirms full-year 2018 financial guidance. The company continues to expect full-year 2018 net sales of $6.72 billion to $6.82 billion, GAAP operating profit of $870 million to $905 million, adjusted operating profit excluding actions of $950 million to $985 million, GAAP EPS of $1.54 to $1.62, adjusted EPS excluding actions of $1.72 to $1.80, and net cash from operations of $675 million to $750 million.

For earnings history and earnings-related data on HanesBrands (HBI) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Jefferies Reinstates Talen Energy (TLN) at Hold
• Wintermar acquires full control of Fast Offshore Supply, adding 5 new CTVs