HanesBrands Inc. Reports Strong Q1 2025 Results

Hanesbrands Inc ( (HBI) ) has released its Q1 earnings. Here is a breakdown of the information Hanesbrands Inc presented to its investors.

HanesBrands Inc., a global leader in everyday iconic apparel, specializes in producing and selling a wide range of clothing items, including innerwear and activewear, with a strong emphasis on ethical business practices and environmental sustainability.

HanesBrands Inc. reported a strong first-quarter performance for 2025, surpassing expectations in revenue, operating profit, and earnings per share. The company also reiterated its full-year guidance, taking into account the anticipated impacts of U.S. tariffs.

Key financial highlights include a 2.1% increase in net sales to $760 million, a significant rise in GAAP operating profit by 126% to $80 million, and an impressive 145% increase in GAAP earnings per share to $0.04. The company also completed refinancing of its 2026 maturities, reducing leverage by 1.4 times to 3.6 times net debt-to-adjusted EBITDA.

Despite challenges such as U.S. sales decreasing by 1% and international sales dropping by 2% due to unfavorable foreign exchange rates, HanesBrands demonstrated resilience through cost savings initiatives and strategic brand investments. The company remains focused on optimizing its supply chain and pursuing new revenue opportunities.

Looking ahead, HanesBrands maintains a positive outlook, with expectations of stable net sales and operating profit for the full year 2025. The management is confident in mitigating cost headwinds and capitalizing on new growth opportunities, leveraging its robust supply chain and retailer relationships.