Hanesbrands Inc is a leading global apparel company known for its diverse portfolio of intimate apparel, activewear, and socks. The company designs and manufactures a wide range of products under well-established brands that cater to various consumer needs, focusing on comfort, quality, and innovation. With a commitment to sustainability and responsible manufacturing practices, Hanesbrands aims to deliver value to its customers while also promoting environmentally friendly initiatives throughout its operations. The company's extensive distribution channels allow it to reach a broad audience, both through retail partners and direct-to-consumer platforms. Read More
U.S. stocks rallied Thursday after the Trump administration signed its first major trade agreement with the United Kingdom, igniting optimism about further global deals — especially with China — and lifting investor appetite for riskier assets.
HanesBrands Inc. reported better-than-expected Q1 2025 earnings, with sales growing 2.1%. Company remains confident in full-year outlook despite challenges.
Clothing company Hanesbrands (NYSE:HBI) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 2.1% year on year to $760.1 million. On the other hand, next quarter’s revenue guidance of $970 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.18 per share was significantly above analysts’ consensus estimates.
Bonds, the iconic Australian underwear brand trusted by Aussies for more than 100 years, is bringing its “Made for Down Under” comfort to the U.S. Known for keeping Aussie bums, boobs, and bits comfy with hardworking underwear, Bonds creates essentials built to handle whatever life throws at you.
Over the past six months, Hanesbrands’s shares (currently trading at $6.03) have posted a disappointing 10% loss while the S&P 500 was down 1.4%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Hanes, America’s No. 1 brand of basic apparel, is making “Moves”- literally! Introducing Hanes Moves, a game-changing collection designed for movement, versatility, and comfort you can live in all day long. Hanes Moves marks the brand’s first-ever cross-category push in the athleisure space, with an extensive range of athletic-inspired innerwear and apparel for men, women, and children.
HanesBrands Inc. (NYSE: HBI) today announced the completion of the refinancing of its 2026 maturities. The Company successfully closed on an upsized new senior secured term loan B facility in an aggregate principal amount of $1.1 billion maturing in 2032 (the “Term Loan B”), a new $750 million senior secured revolving credit facility maturing in 2030, and a new $400.0 million senior secured term loan A facility maturing in 2030 (the “Term Loan A”). The net proceeds from the Term Loan B, together with the proceeds from the Term Loan A, are being used to redeem the Company’s outstanding 4.875% Senior Notes due 2026, to refinance the Company’s existing senior secured credit facilities, and to pay related fees and expenses.
Hanes, America’s No. 1 brand of basic apparel, is drawing from its nearly 125-year legacy to release an exclusive collaboration with lifestyle retailer Urban Outfitters. The Hanes Heritage x Urban Outfitters capsule collection features 28 pieces of innerwear and apparel for men and women, blending nostalgia with the effortless style and self-expression that define today’s fashion and culture.
HanesBrands (NYSE: HBI) today announced that it has successfully priced its senior secured term loan B facility in an aggregate principal amount of $1.1 billion (the “Term Loan B”) to replace the Company’s existing $300 million Term Loan B due 2030 (the “Existing Term Loan B”). The Term Loan B will mature seven years after the date of closing, which is expected to occur in the next few weeks. The Term Loan B priced at SOFR + 275 basis points with an OID of 99 3/4. Additionally, HanesBrands announced a $750 million senior secured revolving credit facility (the “Revolver”) due 2030 to replace the Company’s existing $1.0 billion senior secured revolving credit due 2026 and a $400M Term Loan A facility (the “Term Loan A”) due 2030 to replace the Company’s existing $403 million term loan A due 2026 (the “Existing Term Loan A”). Hanesbrands intends to use the net proceeds from the Term Loan B, together with the proceeds from the Revolver and Term Loan A, to redeem the Company’s outstanding 4.875% Senior Notes due 2026, to refinance the Existing Term Loan B, the Existing Revolver, and the Existing Term Loan A, and to pay related fees and expenses.
Clothing company Hanesbrands (NYSE:HBI) missed Wall Street’s revenue expectations in Q4 CY2024 as sales only rose 1.1% year on year to $888.5 million. Next quarter’s revenue guidance of $750 million underwhelmed, coming in 4.1% below analysts’ estimates. Its non-GAAP profit of $0.17 per share was 19.5% above analysts’ consensus estimates.
HanesBrands reported 4.5% sales growth in Q4, falling short of analyst expectations at $888.47 million. Looking ahead, HanesBrands projects FY25 sales of $3.47B to $3.52B, lower than estimates.
HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that Steve Bratspies will depart as Chief Executive Officer of the Company at the end of 2025, or upon the appointment of his successor. As part of the Company’s leadership succession planning process, the Board has begun a comprehensive search to identify the Company’s next CEO and has retained Spencer Stuart, a leading executive search firm, to support its work. Bratspies will step down from the Board of Directors concurrent with the end of his tenure as CEO. He will stay on in an advisory role once a new CEO is named to support a smooth transition.
