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Hanesbrands Inc. Reports $45.7 Million Quarterly Profit
By USinMinutes - Feb 13, 2025, 07:04 AM ET
Last Updated - Feb 13, 2025, 07:08 AM EST
The company records $888.5 million revenue for Q4 ended Dec 28, 2024
Hanesbrands Inc. [HBI] reported $45.7 million profit for Q4 ended Dec 28, 2024, showing a decrease of $53.2 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 13, 2025 that it generated revenue of $888.5 million for the period, showing an increase of $38.2 million in the same quarter of the previous year.
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Based in Winston-Salem, N.C., the company reported $0.1 earnings per share for the period, compared to $0.3 in the last quarter.
The company's profit decreased by 53.84% from $98.8 million in the last quarter.
The revenue increased 4.49% from $850.3 million in the same quarter of the previous year.
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