=Hanesbrands (HBI) reported earnings on Thur 21 Apr 2016 (a/h)

Hanesbrands beats by $0.04, reports revs in-line; reaffirms FY16 guidance :

• Reports Q1 (Mar) earnings of $0.26 per share, excluding non-recurring items,$0.04 better than the Capital IQ Consensus of $0.22; revenues rose 0.8% year/year to $1.22 bln vs the $1.21 bln Capital IQ Consensus.
• Co reaffirms guidance for FY16, sees EPS of $1.85-1.91 vs. $1.88 Capital IQ Consensus Estimate; sees FY16 revs of $5.8-5.9 bln vs. $5.86 bln Capital IQ Consensus Estimate. The company's guidance does not reflect the planned acquisition of Champion Europe, which was announced on April 7, 2016, and is expected to close mid-year.