Shares of Hanesbrands (NYSE:HBI) moved higher by 2.4% in pre-market trading after the company reported Q1 results.
Earnings per share rose 680.00% over the past year to $0.39, which beat the estimate of $0.26.
Revenue of $1,500,000,000 higher by 13.98% from the same period last year, which were in line with the estimate of $1,500,000,000.
Q2 EPS expected to be between $0.37 and $0.40.
Q2 revenue expected to be between $1,560,000,000 and $1,590,000,000.
Details Of The Call
Date: May 11, 2021
Time: 08:30 AM
ET Webcast URL: https://hbiregistration.eventfinity.co/register
Recent Stock Performance
52-week high: $22.82
Company's 52-week low was at $7.71
Price action over last quarter: Up 19.91%
Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Champion, Playtex, Bali, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers. Hanesbrands is vertically integrated as it produces more than 70% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas, Europe, and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.