Brief: HanesBrands - Company Continues To Expect To Exit Year With Meaningfully Higher Gross And Operating Margins

Hanesbrands

09/11/2023 12:31

Nov 9 (Reuters) - HanesBrands Inc  HBI.N :
    * COMPANY CONTINUES TO EXPECT TO EXIT YEAR WITH MEANINGFULLY
HIGHER GROSS AND OPERATING MARGINS
    * QTRLY ADJUSTED INCOME FROM CONTINUING OPERATIONS TOTALED
$34
MILLION, OR $0.10 PER DILUTED SHARE
    * LOSS FROM CONTINUING OPERATIONS $0.11 PER DILUTED SHARE IN
THIRD-QUARTER 2023
    * SEES Q4 NET SALES FROM CONTINUING OPERATIONS OF
APPROXIMATELY
$1.36 BILLION
    * SEES Q4 ADJUSTED EARNINGS PER SHARE FROM CONTINUING
OPERATIONS
OF APPROXIMATELY $0.09
    * SEES Q4 GAAP EARNINGS PER SHARE FROM CONTINUING OPERATIONS
OF
APPROXIMATELY $0.05
    * Q4 EARNINGS PER SHARE VIEW $0.16, REVENUE VIEW $1.47
BILLION --
LSEG IBES DATA
    * Q3 EARNINGS PER SHARE VIEW $0.11, REVENUE VIEW $1.55
BILLION --
LSEG IBES DATA

Source text for Eikon:  ID:nBw6ynG44a 
Further company coverage:  HBI.N 

 ((Reuters.Briefs@thomsonreuters.com;))