Hanesbrands updated FY 2024 earnings and revenue guidance, projecting Q2 EPS of $0.02-$0.06.

Hanesbrands (NYSE:HBI) updated its FY 2024 earnings guidance with EPS of 0.420-0.480, compared to the consensus estimate of 0.430, and revenue guidance of $5.4B-$5.5B, compared to the consensus revenue estimate of $5.3B. The company also issued Q2 2024 guidance with projected EPS of $0.02-$0.06 and adjusted EPS of $0.07-$0.11. Hanesbrands shares were up around 5.4% in pre-market trading.

May 09, 2024
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