US’ HanesBrands’ earnings climb as gross margin hits 41.7% in Q1 2025

HanesBrands Inc has reported net sales of $760 million in Q1 2025, up 2.1 per cent YoY, with gross margin rising to 41.7 per cent. Adjusted operating profit grew 61 per cent to $81 million, and adjusted EPS rose to $0.07. US and international sales declined slightly. For FY25, sales are projected at $3.47–$3.52 billion. Its Q2 sales are expected at $970 million, with adjusted EPS of $0.18.

May 9, 2025 - 14:56
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US’ HanesBrands’ earnings climb as gross margin hits 41.7% in Q1 2025
HanesBrands Inc has reported net sales of $760 million in Q1 2025, up 2.1 per cent YoY, with gross margin rising to 41.7 per cent. Adjusted operating profit grew 61 per cent to $81 million, and adjusted EPS rose to $0.07. US and international sales declined slightly. For FY25, sales are projected at $3.47–$3.52 billion. Its Q2 sales are expected at $970 million, with adjusted EPS of $0.18.