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Hanesbrands' (HBI) first-quarter 2024 results reflect lower sales amid weakness in the Activewear segment. Nevertheless, the bottom line improved year over year.
While the top- and bottom-line numbers for HanesBrands (HBI) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
HanesBrands (HBI) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.06 per share a year ago.
Hanesbrands (HBI) first-quarter results are likely to reflect challenges in sales environment and specific product categories like the Activewear segment.
Evaluate the expected performance of HanesBrands (HBI) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today provided details for its first-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, May 9, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended March 30, 2023. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BI028ce83df51c4e9495063.
Hanesbrands Inc. (HBI) is witnessing challenges in the sales environment and its categories. Nevertheless, the company's reignite Innerwear strategy is offering respite.
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The niche apparel specialist posted its fourth-quarter and full-year 2023 results. The quarterlies didn't meet analyst expectations.