Hanesbrands Sees Stronger Than Expected Q1
Despite headwinds from Walmart and Target inventory shifts, Hanesbrands said sales will be $1.38 billion for the first quarter and earnings per share will be $0.28-29 compared to a forecast of $0.27-29 in an announcement about its preliminary assessment of the period. It also reaffirmed its guidance for the year for revenues of $6.45-6.55 billion and EPS of $1.93-2.03. In recent comments at the UBS ... Log in to view full article.