-=Hanesbrands (HBI) reported earnings on Thur 2 Feb 23 (b/o)

 

Hanesbrands misses by $0.01, reports revs in-line; guides Q1 EPS below consensus, revs below consensus; guides FY23 EPS below consensus, revs below consensus

• Reports Q4 (Dec) earnings of $0.07 per share, excluding non-recurring items, $0.01 worse than the S&P Capital IQ Consensus of $0.08; revenues fell 15.9% year/year to $1.47 bln vs the $1.47 bln S&P Capital IQ Consensus.
• Co issues downside guidance for Q1, sees EPS of ($0.09)-($0.04), excluding non-recurring items, vs. $0.15 S&P Capital IQ Consensus; sees Q1 revs of ~$1.35-1.40 bln vs. $1.42 bln S&P Capital IQ Consensus.
• Co issues downside guidance for FY23, sees EPS of ~$0.31-0.42, excluding non-recurring items, vs. $0.95 S&P Capital IQ Consensus; sees FY23 revs of ~$6.05-6.20 bln vs. $6.23 bln S&P Capital IQ Consensus.
  • With respect to its 2023 guidance, the Company's outlook reflects, but is not limited to, the following assumptions: a muted consumer demand environment given the continued macroeconomic uncertainty; first-half margin pressure as it sells through the remainder of its higher-cost inventory; and year-over-year improvement in second-half margins, particularly the fourth quarter, as lower-cost inventory currently being produced is sold and it anniversaries last year's manufacturing time-out costs related to its inventory reduction initiative in 2022. The Company's outlook also assumes completion of the expected refinancing of indebtedness with 2024 maturities.

Earnings this week : Jan 30 - Feb 3, 23 (wk 5)

Monday (Jan 30)

• Morning:  BEN GEHC PHG SOFI
• Afternoon: AGNC ARE CADE ELS GGG HLIT HTLF HP JJSF NXPI PCH PFG SANM WHR WWD

Tuesday (Jan 31)

• Morning: AOS ALGM CAT CVLT GLW DOV AQUA XOM GM HUBB IMO IP KEX LII MAN MPC MCD MDC MCO MPLX MSCI NYCB NVR PNR PFE PSX PBI PII PHM ST SPOT SYY UBS UPS
• Afternoon:  AMD DOX AMGN APAM ASH BXP CP CB CACC EW EA HA IEX JNPR MTCH MRCY MDLZ NATI OI RNR SNAP SYK SMCI UNM VREX WDC

Wednesday (Feb 1)

• Morning:  MO ABC ATKR BSX EAT GIB CMCO DT EPD EVR FTV HUM JCI NVS ODFL OTIS PTON SMG SLAB SR TMUS TMO TGI WM WRK
• Afternoon:  EGHT AFL ALGN ALGT ALL AFG AVT BHE BDN CHRW CCS CHX CLB CTVA DXC ELF ENVA GL THG HOLX KRC KLIC LSTR LFUS MXL MCK MTH META MET MTG MAA MUSA NTGR PTC QRVO RYN RRX SLM SITM TTEK TBI UGI VSTO

Thursday (Feb 2)

• Morning: FLWS ABB WMS APD ATI AME APTV ARW ABG AVY BALL BCE BDX BERY TECH BMY BR BIP BC GOOS CAH CMS CNHI COP DLX DGII LLY EL RACE FCFS GWW HBI HOG HSY HON ITW ICE JHG LANC LAZ LEA MTSI MMP MRK NJR PH PENN PBH DGX RCI SBH SNDR SIRI SNA SWK TW TT WNC WEC
• Afternoon:  TWOU ATGE GOOG AMZN AAPL TEAM BZH BILL BYD CPT CRUS CLX CTSH COLM CNMD DECK DLB EXPO F GEN GILD GPRO HIG HUBG KMPR LESL LPLA MANH MEOH MCHP MSTR MTX MWA NFG OHI OTEX PCTY PFSI POST QCOM RGA SIGI SKX SKYW SBUX SNCY SYNA X VIAV WWE

Friday (Feb 3)  

• Morning:  AON ARCB AVTR BEP CBOE CHD CI EAF LYB MOG.A PIPR REGN SAIA SNY TWST WT ZBH

-=Hanesbrands (HBI) reported earnings on Thur 5 May 22 (b/o)

 

Hanesbrands beats by $0.06, beats on revs; guides Q2 EPS below consensus; reaffirms FY22 EPS guidance, revs guidance

• Reports Q1 (Mar) earnings of $0.34 per share, $0.06 better than the S&P Capital IQ Consensus of $0.28; revenues rose 4.5% year/year to $1.58 bln vs the $1.54 bln S&P Capital IQ Consensus.
• Co issues downside guidance for Q2, sees EPS of $0.32-0.36 vs. $0.42 S&P Capital IQ Consensus.
  • Q1 Constant currency net sales consistent with prior year as underlying business fundamentals position Company to anniversary last year's substantial 88% growth, excluding PPE sales
• Co reaffirms guidance for FY22, sees EPS of $1.64-1.81 vs. $1.75 S&P Capital IQ Consensus; sees FY22 revs of $7.0-7.15 bln vs. $7.02 bln S&P Capital IQ Consensus.

Earnings this week : May 2 - 6, 22 (wk 18)

Monday (May 2)

• Morning:  AMG AKTS CNA NPO EPD FSS GPN GPRE INMD ITRI JELD MCO ON PK SAIA TKR WEC
• Afternoon: ADUS AGNC AMKR ANET CAR NTB BIGC BXP BRX CBT CDLX CHGG CC CLX CNO CTRA CACC DVN FANG PLOW EVER EXPE FN FLS FMC FRPT HLIT JJSF KMPR KMT KFRC LEG LOGI MED MGM MPWR MOS MWA NE NTR NXPI OHI OGS ORA OTTR OUT QTWO RMBS RHP SANM SEDG RIG VRNS VNOM VNO WMB WWD ZI

Tuesday (May 3)

• Morning: AGCO AME ARNC ATKR BIIB BPMC BP BR CTLT CNP CMS CNHI CIGI CVLT CMI DK DD DEA ETN ETRN ESPR EL AQUA EXPD FIS BEN IT GEO HSC HSIC HLT HWM ITW INCY IPGP ITT KKR KYMR LEA LDOS LGIH LPX MPC MLM MTOR TAP MPLX NNN NRZ PARA PFE PINC PEG RDWR QSR ROK SPGI SABR SAGE SPNS SMG SEE SMP TEVA TRI TRTN VSH WAT WLK XHR ZBRA ZBH
• Afternoon:  ACHC AMD ABNB AKAM AYX AMCR AIG AIZ ATRC BTG BNFT BLKB BFAM CZR CWH CRUS CRK CNDT DENN DEI EIX EHTH ENVA EXR FRSH FLGT THG PEAK HLF HURN IAG INFN IOSP INSP NVTA JKHY KAI KAR LSCC LFUS LTHM LYFT MTW MASI DOOR MTCH MATX MRCY MSTR MUSA OSH OKE OSPN ONTO OMI PAYC PEN PKI PUMP PRO PRU PTCT PSA LUNG RDN RRR REG RNR REZI RVLV SPNE SCI TSLX SWKS SRC SPT STAG SBUX SMCI VREX VRSK VIAV VVNT VOYA WTI WCN WTS WERN WK YUMC

Wednesday (May 4)

• Morning:  ATI AMRN ABC AMRX APG ASTE AVNS AVA GOLD BDC TECH BCOR BWA BHG EAT BIP BRKR CSII CDW FUN CRL LNG CQP CLH CRTO CVS DIN EDIT EMR EVOP EXPI RACE FTS FDP GTES GNRC GEL THRM ROCK HZNP IDXX IONS JHG JCI LIVN LL LITE MAR MFA MRNA MUR NBIX NYT NI NWN OTLY ODP PCRX PSN DOC PNW REGN SBGI SITE SPR STWD SUN TT TUP UTHR VCEL VMC WING XYL YUM
• Afternoon:  TXG ONEM ACAD ADPT ADTN AEIS ALB ALGT ALL AEL AFG AMPL ANSS APA ATO ACLS BAND BKH BKNG WHD CPE CDAY CF CHK CCMP CDE CTSH CNMD CLR CXW CTVA CCRN CW CYTK DCP DGII DOCN DIOD EBAY LOCO ECPG ET NVST EPR EQC ETSY FSLY FATE FSR FLEX FTNT FNV GFL GIL GKOS GBT GDDY LOPE GXO HST TWNK ICFI NARI IR NGVT IIPR INSG IRBT JAZZ KW KLIC LPI LHCG LSI LGND LNC LUMN MGNI MANT MRO MMS MDU MET MTG MRTX MNTV NSA NVRO NMIH NUS NUVA OTEX ONL OCDX ORCC PACB PLMR PAY PDCE PETQ PING PXD PAA PCOR QRVO QLYS QDEL QNST RPD RYN O RGNX RCII RLJ RPT RSI SRPT SEER SIGI SGFY SIMO SILK SITM SKLZ SAVE SFM SPXC STAA SRI STOR RGR SUM RUN SHO TNDM TTEK THRY TMST TRIP TTEC TTMI TPC TWLO TWO UBER UDMY UGI UPLD VAPO VICI VMEO WOLF

Thursday (May 5)

• Morning: ACIW GOLF ADNT ADT AGIO APD ALE AMCX BUD APO APTV MT ARW AAWW BLL BALY BCE BDX BERY BV CRC CCJ CAH CARS CBRE CIM IMOS COMM COP CROX DDOG DLX XRAY DBRG D DFIN ESMT EPAM EVRG ES FRT FOCS GOGO HAIN HBI HR HII IDA INGR NSIT INSM IBP NTLA ICE IDCC IRWD K KTB LAMR LANC TREE LXP MMP MODV NTCT NFE NKLA NJR DNOW OGE OGN PZZA PH PENN PTLO PWR RCL SBH SEAS SLQT SRE FOUR SHOP SWI SHC TMX BLD TRMB USPH UNIT VSTO VNT WD W WCC WRK ZTS
• Afternoon:  AAON ATGE AES AL ATSG ALRM ALKT Y MDRX AOSL ALTR AEE AMH COLD AMN APPN AVLR AVDX AXNX BGS BILL BL SQ BE BCC CABO CMBM CDNA CERT CHUY CLNE NET CDXS CGNX CODI CMP ED CFLT CRSR CYRX CWK DVA DRH BOOM DLB DASH DBX ENDP ENV EOG FLT FND FOXF FRG FTDR FUBO FNKO G GPRO GDOT GDYN GH HTGC HMN HUBS ILMN INGN PODD IOVA IRTC KTOS LESL LYV LCID MRVI VAC MTZ MCK MAX MELI MTD MNST MP NFG NWSA LASR NLOK LPRO OPEN OEC PYCR PCTY PBA PFSI PRDO PLYA POST PBH PRI PGNY PBYI KWR RDFN RGA RSG SAIL SGMO SEM SHAK SPWR SG SYNA TRHC SKT TDC TXRH TVTY TPIC TVTX TWST RARE OLED UNM VLDR VTR VRTX VRAY VIR SPCE HCC WPM WISH WWE WW XNCR YELP ZG ZIMV

Friday (May 6)  

• Morning:  ACMR AXL ABR BKI BEP ECOM CI CNK ROAD ENB ESNT FLR FYBR GT GTN IEP IMGN TILE KOP NRG PRLB QRTEA SSP SPB FLOW TU UAA
• Afternoon:  BLDP WPRT

-=Hanesbrands (HBI) reported earnings on Thur 7 Feb 2019 (b/o)

Hanesbrands beats on top and bottom lines; guides mixed Q1 and FY19 EPS near the low end, sales above consensus

• Reports Q4 (Dec) earnings of $0.48 per share, excluding items, $0.02 better than the S&P Capital IQ Consensus of $0.46; revenues of $1.768 bln vs the $1.71 bln S&P Capital IQ Consensus. U.S. Activewear segment sales +13 percent and operating profit +4 percent.
• Co sees Q1 EPS of $0.24-0.26, excluding items, vs. $0.28 S&P Capital IQ Consensus, sales $1.52-1.55 bln vs $1.488 bln consensus; FY19 EPS of $1.72-1.80, excluding items, vs. $1.80 S&P Capital IQ Consensus, sales $6.885-6.985 bln vs $6.815 bln consensus.
• Key assumptions in the guidance include: a cautious outlook for the U.S. brick-and-mortar market, including continued door closures; continued progress in U.S. Innerwear revitalization initiatives; price increases and a conservative view on elasticity; negative effects of currency exchange rates; and increased marketing investment to support brand plans. The acquisition of Bras N Things is expected to contribute $17 million to net sales prior to the acquisition's Feb. 12 anniversary date. Organic sales growth in constant currency for 2019 is expected to be ~2.5 percent. Adverse foreign currency exchange rates for the year are expected to reduce net sales as reported by approximately $60 million, primarily in the first quarter.

-=Hanesbrands (HBI) reported earnings on Wed 1 Aug 2018 (b/o)

Hanesbrands misses by $0.01, reports revs in-line; guides Q3 in-line; reaffirms FY18 EPS guidance, revs guidance; Target and co will not renew their contract for an exclusive line of C9 by Champion activewear apparel when the current contract expires at the end of January 2020 

• Reports Q2 (Jun) earnings of $0.45 per share, $0.01 worse than the Capital IQ Consensus of $0.46; revenues rose 4.2% year/year to $1.72 bln vs the $1.71 bln Capital IQ Consensus; organic sales up slightly.
• Co issues in-line guidancefor Q3, sees EPS of $0.54-0.57, excluding non-recurring items, vs. $0.56 Capital IQ Consensus Estimate; sees Q3 revs of $1.85-1.90 bln vs. $1.88 bln Capital IQ Consensus Estimate.
• Co reaffirms guidance for FY18, sees EPS of $1.72-1.80 vs. $1.76 Capital IQ Consensus Estimate; sees FY18 revs of $6.72-6.82 bln vs. $6.77 bln Capital IQ Consensus Estimate. 
• HanesBrands announced that the company and Target Corporation (TGT) will not renew their contract for an exclusive line of C9 by Champion activewear apparel when the current contract expires at the end of January 2020. The C9 program is fully booked for 2018 and the conclusion of the contract is not expected to have a meaningful effect on the company's outlook for 2019. In the past 12 months, the company generated ~$380 million in C9 by Champion activewearsales. With the brand's forecasted growth rate, the company continues to expect to achieve global Champion sales of more than $2 billion by 2022. The company does not expect the end of the C9 by Champion program at Target to affect that projection.

=Hanesbrands (HBI) reported earnings on Thur 8 Feb 2018 (b/o)

Hanesbrands reports EPS in-line, revs in-line; guides Q1 EPS below consensus, revs in-line; guides FY18 EPS below consensus, revs above consensus 

• Reports Q4 (Dec) earnings of $0.52 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.52; revenues rose 4.4% year/year to $1.65 bln vs the $1.63 bln Capital IQ Consensus.
• Co issues guidancefor Q1, sees EPS of $0.23-0.25, excluding non-recurring items, vs. $0.30 Capital IQ Consensus Estimate; sees Q1 revs of $1.42-1.44 bln vs. $1.43 bln Capital IQ Consensus Estimate.
• Co issues mixed guidancefor FY18, sees EPS of $1.72-1.80, excluding non-recurring items, vs. $2.04 Capital IQ Consensus Estimate; sees FY18 revs of $6.72-6.82 bln vs. $6.64 bln Capital IQ Consensus Estimate. 

=Hanesbrands (HBI) reported earnings on Wed 1 Nov 2017 (a/h)

Hanesbrands reports EPS in-line, revs in-line; guides Q4 EPS below consensus, revs in-line 

• Reports Q3 (Sep) earnings of $0.60 per share, in-linewith the Capital IQ Consensus of $0.60; revenues rose 2.2% year/year to $1.8 bln vs the $1.8 bln Capital IQ Consensus.
• HBI generated organic sales growth -- as reported and in constant currency -- for the first time in eight quarters. The company benefitted from increasing geographic diversification as International sales growth more than offset sluggish domestic sales.
• HBI generated $297 million in cash from operations in the third quarter and has generated $331 million year to date, up 59% from a year ago. Cash flow is benefitting from working capital improvements and increased profitability.
• Co issues guidance for Q4, sees EPS of $0.51-$0.53 vs. $0.56 Capital IQ Consensus Estimate; sees Q4 revs of $1.625-$1.650 bln vs. $1.63 bln Capital IQ Consensus Estimate. The sales guidance reflects several factors, including: a cautious outlook for the U.S. sales environment; an estimated $15 million in sales expected from the acquisition of Alternative Apparel; and the expected adverse effect of the Sears Canada bankruptcy.

=Hanesbrands (HBI) reported earnings on Thur 2 Feb 2017 (a/h)

Hanesbrands misses by $0.05, misses on revs; guides Q1 EPS below consensus; guides FY17 EPS below consensus, revs below consensus:

• Reports Q4 (Dec) earnings of $0.53 per share, excluding non-recurring items, $0.05 worse than the Capital IQ Consensus of $0.58; revenues rose 11.8% year/year to $1.58 bln vs the $1.7 bln Capital IQ Consensus.
• Co issues downside guidance for Q1, sees EPS of $0.27-0.29, excluding non-recurring items, vs. $0.32 Capital IQ Consensus Estimate.
• Co issues downside guidance for FY17, sees EPS of $1.93-2.03, excluding non-recurring items, vs. $2.15 Capital IQ Consensus Estimate; sees FY17 revs of $6.45-6.55 bln vs. $6.68 bln Capital IQ Consensus Estimate.
• Q1 Guidance Details: The company expects total net sales growth in the first quarter as a result of acquisition-driven International gains as well as Activewear growth. Organic sales are expected to decline in the quarter as a result of lower Innerwear sales affected by the retail climate of store closings and tight inventory as well as the exits from the company's domestic catalog business and noncore offerings. Innerwear sales trends are expected to normalize starting in the second quarter, with expected full-year net sales comparable to 2016.

=Hanesbrands (HBI) reported earnings on Tue 2 Aug 2016 (a/h)

Hanesbrands misses by $0.01, misses on revs; guides Q3 EPS in-line; guides Q4 (Dec) EPS in-line; reaffirms FY16 guidance :

• Reports Q2 (Jun) earnings of $0.51 per share, excluding non-recurring items, $0.01 worse than the Capital IQ Consensus of $0.52; revenues fell 3.4% year/year to $1.47 bln vs the $1.53 bln Capital IQ Consensus.
  • Co raised FY16 to include acquisitions on June 1
• Co issues in-line guidance for Q3, sees EPS of $0.55-0.57 vs. $0.61 Capital IQ Consensus Estimate.
• Co issues in-line guidance for Q4 (Dec), sees EPS of $0.57-0.61 vs. $0.54 Capital IQ Consensus Estimate.
• Co reaffirms guidance for FY16, sees EPS of $1.89-1.95, excludes debt refinancing and acquisition-related actions, vs. $1.93 Capital IQ Consensus Estimate; sees FY16 revs of $6.15-6.25 bln vs. $6.19 bln Capital IQ Consensus Estimate.
• Expects FY16 net cash from operations of $750 million to $850 million.
• The company expects capital expenditures of approximately $90 million, up $15 million from previous guidance due to the acquisitions of Champion Europe and Pacific Brands.

=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.

Hanesbrands (HBI) reported earnings on Wed 28 Oct 15 (a/h)

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