Company Earnings Update 3 minutesRegister for Free AccessHanesbrands (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? Register for a free user account. This document was generated for Other research you may be interested in: US Black Friday 2023: Early Read—Store Traffic Exceeds Expectations Despite Lack of DoorbustersWeinswig’s Weekly: ’Twas the Night Before CESHome and Home-Improvement Shopping in Focus: US Consumer Survey InsightsRetail Shrink and ORC: Theft and Fraud Remain Top Challenges for Food Retailers
