HanesBrands meets Q1 expectations, reaffirms outlook
HanesBrands headquarters Credits: HanesBrands HanesBrands has reported first quarter net sales of approximately 750 million dollars, up 2.1 percent aligning with its earlier guidance. Operating profit for the quarter was 52 million dollars, with an operating margin of 4.5 percent, reflecting stable performance compared to the same period last year. The company also emphasized its commitment to debt reduction, with plans to refinance its 2026 maturities during the first quarter. Steve Bratspies, CEO of HanesBrands, stated, "We delivered another strong quarter, including revenue, operating profit and earnings per share that exceeded our expectations as we continue to see the benefits of our growth strategy and prior transformation initiatives.” Looking ahead, HanesBrands expects continued margin expansion and strong earnings per share growth for the full year 2025, as outlined in its previous guidance. “We also reiterated our full-year outlook, which now reflects our expected impact from U.S. tariffs, as the current environment presents challenges but also creates real revenue opportunities. We’re confident we can fully mitigate the cost headwinds as we have many levers to pull, including further cost reductions and pricing actions,” added Bratspies. For Fiscal year 2025, which ends January 3, 2026, the company currently expects net sales from continuing operations of approximately 3.47 billion dollars to 3.52 billion dollars, relatively consistent with prior year on a reported basis and increasing approximately 1 percent on an organic constant currency basis with adjusted earnings per share of approximately 51 cents to 55 cents.
HanesBrands has reported first quarter net sales of approximately 750 million dollars, up 2.1 percent aligning with its earlier guidance.
Operating profit for the quarter was 52 million dollars, with an operating margin of 4.5 percent, reflecting stable performance compared to the same period last year. The company also emphasized its commitment to debt reduction, with plans to refinance its 2026 maturities during the first quarter.
Steve Bratspies, CEO of HanesBrands, stated, "We delivered another strong quarter, including revenue, operating profit and earnings per share that exceeded our expectations as we continue to see the benefits of our growth strategy and prior transformation initiatives.”
Looking ahead, HanesBrands expects continued margin expansion and strong earnings per share growth for the full year 2025, as outlined in its previous guidance.
“We also reiterated our full-year outlook, which now reflects our expected impact from U.S. tariffs, as the current environment presents challenges but also creates real revenue opportunities. We’re confident we can fully mitigate the cost headwinds as we have many levers to pull, including further cost reductions and pricing actions,” added Bratspies.
For Fiscal year 2025, which ends January 3, 2026, the company currently expects net sales from continuing operations of approximately 3.47 billion dollars to 3.52 billion dollars, relatively consistent with prior year on a reported basis and increasing approximately 1 percent on an organic constant currency basis with adjusted earnings per share of approximately 51 cents to 55 cents.
