The earnings call highlighted strong financial performance with better-than-expected results across key metrics and significant debt reduction, providing confidence to raise the full-year guidance. However, challenges in the intimates business and potential tariff impacts present areas of concern.

Company Guidance

In the second quarter of 2025, Hanesbrands reported a robust financial performance, surpassing expectations across several key metrics, including sales, gross margin, operating profit, and earnings per share (EPS). The company recorded a 2% year-over-year increase in sales to $991 million and a 22% rise in operating profit, leading to a 60% increase in EPS to $0.24. The operating margin expanded by 255 basis points to 15.5%, driven by a 145 basis point improvement in gross margin and a 110 basis point leverage in SG&A expenses. Hanesbrands also successfully reduced its debt by $1.5 billion over the past two years, lowering leverage by nearly 2.5 turns. For the full year, the company has raised its guidance, now expecting sales of approximately $3.53 billion, a 17% increase in operating profit to $485 million, and a 65% rise in EPS to $0.66. The company attributes its strong performance to strategic initiatives, including cost restructuring actions, productivity improvements, and leveraging advanced analytics for operational enhancements.

Better-than-Expected Financial Performance

For the third consecutive quarter, Hanesbrands delivered better-than-expected sales, gross margin, operating profit, and earnings per share, leading to an increase in full-year guidance.

Debt Reduction and Leverage Improvement

Hanesbrands paid down $1.5 billion of debt and reduced leverage by nearly 2.5 turns over the past 2 years, with leverage at the end of the second quarter at 3.3x on a net debt to adjusted EBITDA basis, which is 1.3x lower than prior year.

Significant Earnings Per Share Growth

Earnings per share increased 60% over the previous year to $0.24, driven by higher margins and lower interest expense.

Operating Margin Improvement

Operating margin expanded 255 basis points over the last year to 15.5% for the quarter, driven by cost restructuring actions and productivity improvement initiatives.

Growth in New Business Segments

Hanesbrands saw nearly 30% growth in the active segment and 165% growth in new businesses, including scrubs and loungewear products.

Hanesbrands (HBI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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HBI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.16 / -	0.15	―	―	―
Aug 07, 2025	2025 (Q2)	0.18 / 0.24	0.15	60.00% (+0.09)	―
May 08, 2025	2025 (Q1)	0.02 / 0.07	-0.02	450.00% (+0.09)	―
Feb 13, 2025	2024 (Q4)	0.14 / 0.17	0.03	466.67% (+0.14)	―
Nov 07, 2024	2024 (Q3)	0.12 / 0.15	0.1	50.00% (+0.05)	―
Aug 08, 2024	2024 (Q2)	0.09 / 0.15	-0.01	1600.00% (+0.16)	―
May 09, 2024	2024 (Q1)	-0.06 / -0.02	-0.06	66.67% (+0.04)	―
Feb 15, 2024	2023 (Q4)	0.09 / 0.03	0.07	-57.14% (-0.04)	―
Nov 09, 2023	2023 (Q3)	0.11 / 0.10	0.29	-65.52% (-0.19)	―
Aug 10, 2023	2023 (Q2)	>-0.01 / -0.01	0.28	-103.57% (-0.29)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HBI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$4.17	$4.65	+11.51%
May 08, 2025	$4.89	$5.09	+4.09%
Feb 13, 2025	$7.67	$6.25	-18.51%
Nov 07, 2024	$7.10	$8.38	+18.03%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.