Hanesbrands Inc. (HBI) announced Loss for first quarter of -$9.456 million
The company's bottom line came in at -$9.456 million, or -$0.03 per share. This compares with -$39.122 million, or -$0.11 per share, last year.
The company's revenue for the period rose 2.1% to $760.148 million from $744.675 million last year.
Hanesbrands Inc. earnings at a glance (GAAP) :
-Earnings: -$9.456 Mln. vs. -$39.122 Mln. last year.-EPS: -$0.03 vs. -$0.11 last year.-Revenue: $760.148 Mln vs. $744.675 Mln last year.
For the first quarter, the company reported income from continuing operations of $14 million, or $0.04 per share, compared with a loss of $33 million, or $0.09 per share, in first-quarter of 2024. Loss from discontinued operations was $23.602 million, or $0.07 per share, wider than a loss of $6.320 million, or $0.02 per share a year ago.
Hanesbrands posted adjusted income from continuing operations of $25 million, or $0.07 per share as against a loss of $18 million, or $0.05 per share last year.
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.