Hanesbrands Inc ( (HBI) ) has released its Q3 earnings. Here is a breakdown of the information Hanesbrands Inc presented to its investors.
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HanesBrands Inc. is a global leader in everyday iconic apparel, known for its well-recognized brands such as Hanes, Bonds, Maidenform, and Bali, and operates primarily in the apparel industry with a focus on ethical business practices and reducing environmental impact.
In its third-quarter 2025 earnings report, HanesBrands Inc. announced a slight decline in net sales by 1% compared to the previous year, totaling $892 million. Despite this, the company saw a significant increase in operating profit by 14% to $108 million, and a remarkable rise in earnings per share (EPS) by 986% to $0.76, largely due to a discrete tax benefit.
Key financial highlights include an increase in adjusted operating profit by 3% to $116 million, and a 25% rise in adjusted EPS to $0.15. The company’s balance sheet showed improvement with a decrease in leverage to 3.3 times net debt-to-adjusted EBITDA. However, U.S. net sales decreased by 4.5% due to shifts in ordering patterns, while international sales faced an 8% decline, impacted by foreign exchange rates.
Looking ahead, HanesBrands is focused on completing its merger with Gildan, which was announced earlier in August 2025. The company remains optimistic about meeting its full-year 2025 EPS outlook, despite not providing forward guidance due to the pending transaction.