Company Earnings UpdateHanesbrands (HBI) 4Q17 Results: EPS in Line, EPS Guidance Below Consensus Coresight Research February 12, 2018 Executive Summary Hanes Brands reported 4Q17 adjusted EPS of $0.52, down 1.5% from $0.53 in the year-ago quarter and in line with the consensus estimate. Revenues were $1.65 billion, up 4.4% year over year and roughly in line with the $1.63 billion consensus estimate. Separately, the company announced an agreement to acquire Bras N Things, a leading specialty retailer and online seller of intimate apparel in Australia, New Zealand and South Africa, for an enterprise value of approximately $400 million. The company offered 2018 adjusted EPS guidance of $1.72–$1.80, below the consensus estimate of $2.04. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Financial Confidence Reaches Five-Month High; TJX Dominates Off-Price Retail; Dollar Tree Leads Dollar Stores: US Consumer Survey InsightsMass Merchandisers, Warehouse Clubs and Discount Stores: Themes, Concepts and Innovators—Target at a Crossroads, Dollar Stores Revive and Warehouse Clubs Gain MomentumUS Store Openings and Closures Midyear 2025 Review and Outlook: Where Does Retail Real Estate Stand in a Year of Disruption?Sustained Stimulus Measures Give Rise to Consumer Optimism: China Consumer Survey Insights
