Hanesbrands Inc ( (HBI) ) has released its Q2 earnings. Here is a breakdown of the information Hanesbrands Inc presented to its investors.
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HanesBrands Inc., a global leader in everyday iconic apparel, is renowned for its diverse portfolio of well-known brands and its commitment to ethical business practices and environmental sustainability.
In its latest earnings report, HanesBrands Inc. announced a better-than-expected financial performance for the second quarter of 2025, with significant improvements across key financial metrics. The company also raised its full-year outlook, reflecting confidence in its strategic initiatives and growth trajectory.
Key highlights from the report include a 1.8% increase in net sales to $991 million, a substantial rise in gross margin by 1,100 basis points to 41.6%, and a 345% increase in operating profit to $155 million. Earnings per share also saw a significant boost, increasing by 162% to $0.24. The company successfully reduced its leverage ratio to 3.3 times net debt-to-adjusted EBITDA, showcasing a strengthened balance sheet.
Despite a slight decrease in U.S. net sales and a 3% drop in international sales due to foreign exchange headwinds, HanesBrands’ strategic focus on cost savings, productivity initiatives, and brand investments has driven overall profitability. The company remains committed to optimizing its supply chain and enhancing customer service.
Looking ahead, HanesBrands has raised its full-year 2025 outlook, anticipating continued sales growth, margin expansion, and debt reduction. The company remains confident in its long-term strategy and its ability to deliver increased shareholder returns through consistent financial performance.