HanesBrands: Q3 Earnings Snapshot

WINSTON-SALEM, N.C. (AP) — WINSTON-SALEM, N.C. (AP) — HanesBrands Inc. (HBI) on Thursday reported profit of $30 million in its third quarter.

On a per-share basis, the Winston-Salem, North Carolina-based company said it had profit of 8 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 15 cents per share.

The underwear, T-shirt and sock maker posted revenue of $937.1 million in the period.

For the current quarter ending in December, HanesBrands expects its per-share earnings to be 14 cents.

The company said it expects revenue in the range of $900 million for the fiscal fourth quarter.

HanesBrands expects full-year earnings to be 39 cents per share, with revenue expected to be $3.61 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBI at https://www.zacks.com/ap/HBI

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up