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Hanesbrands Has 3 Business Catalysts To Catapult Its Earnings Multiples (NYSE:HBI)

Hanesbrands Has 3 Business Catalysts To Catapult Its Earnings Multiples (NYSE:HBI)
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HanesBrands exceeds expectations in Q1

HanesBrands exceeds expectations in Q1 ....

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Hanesbrands Inc (HBI) Q1 2021 Earnings Call Transcript

Hanesbrands Inc (HBI) Q1 2021 Earnings Call Transcript
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Hanesbrands Inc (HBI) Q1 2021 Earnings Call Transcript

Hanesbrands Inc (HBI) Q1 2021 Earnings Call Transcript
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US clothing company HanesBrands' Q1 FY21 sales grow 25% to $1.5 bn

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Pic: HanesBrands
HanesBrands, a US-based global marketer of branded everyday basic apparel, has reported 25.3 per cent sales growth to $1.5 billion in its first quarter (Q1) FY21 ended on April 3, 2021, compared to the sales of $1.2 billion in same period previous fiscal. However, the company incurred a net loss during the quarter of $263.2 million (Q1 FY20: $7.8 million).

“Our strong first-quarter results showed growth across all business segments,” Steve Bratspies, chief executive officer at HanesBrands, said in a press release. “Champion continued its rapid growth, driven by strong consumer demand. We gained share in US innerwear, and our Hanes Total Support Pouch launch shows how our brands can appeal to younger consumers with a combination of innovative products and compelling marketing. ....

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