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Hanesbrands Inc. (HBI) released earnings for second quarter that dropped from last year.


RTTNews | Aug 5, 2021 06:16AM EDT

06:16 Thursday, August 5, 2021 (RTTNews.com) - Hanesbrands Inc. (HBI) released earnings for second quarter that dropped from last year.

The company's profit came in at $128.67 million, or $0.37 per share. This compares with $161.18 million, or $0.46 per share, in last year's second quarter.

Analysts had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.6% to $1.75 billion from $1.54 billion last year.

Hanesbrands Inc. earnings at a glance:

-Earnings (Q2): $128.67 Mln. vs. $161.18 Mln. last year.-EPS (Q2): $0.37 vs. $0.46 last year.-Analysts Estimate: $0.39-Revenue (Q2): $1.75 Bln vs. $1.54 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3216305/hanesbrands-inc-q2-income-declines.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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