Insight Report 2 minutes PremiumHanes Brands Inc (HBI) 1Q16 Results: Beats Estimates, Sees Synergies from Acquisitions Coresight Research April 21, 2016 Executive Summary Hanesbrands reported net sales of $1.22 billion, up 0.8% from a year ago and slightly above the consensus estimate. Adjusted EPS was $0.26, up 18% from a year ago and beating consensus of $0.22. For 2016, the company continues to expect net sales of $5.8–$5.9 billion and adjusted EPS of $1.85–$1.91. The guidance reflects synergies from the acquisitions of Maidenform, Knights Apparel and Hanes Europe Innerwear. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Holiday 2023: Exclusive Black Friday and Cyber Monday Survey FindingsThree Data Points We’re Watching This Week: Tech FocusAmazon Apparel US Consumer Survey 2024—Infographic: Amazon Regains Its Spot as America’s Most-Shopped Clothing and Footwear RetailerWeinswig’s Weekly: Four Trends in How US Consumers Are Shopping for Groceries
