HanesBrands (HBI) Misses Q1 EPS by 5c; offers guidance

HanesBrands (NYSE: HBI) reported Q1 EPS of ($0.11), $0.05 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.19 billion.

GUIDANCE:

HanesBrands sees Q2 2024 EPS of $0.07-$0.11, versus the consensus of $0.10. HanesBrands sees Q2 2024 revenue of $1.335-1.375 billion, versus the consensus of $1.34 billion.

HanesBrands sees FY2024 EPS of $0.42-$0.48, versus the consensus of $0.43. HanesBrands sees FY2024 revenue of $5.35-5.47 billion, versus the consensus of $5.33 billion.

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

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