3 minutes

Hanesbrands (NYSE: HBI) 2Q19 Results: Champion Drives Double-Digit Activewear Sales Growth

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Sunny Zheng, Analyst
Company Earnings Update

Executive Summary

  • Hanesbrands reported 2.7% 2Q19 revenue growth, or 5% on a constant-currency basis, driven by US Activewear and Champion sales.
  • Champion sales increased more than 50%, excluding the mass channel and on a constant currency basis
  • Management reiterated guidance for FY19 and issued 3Q19 guidance.

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