welcome
Benzinga

Benzinga

Business

Business & Economics

HanesBrands Posts Strong Q1 Despite Tariff Headwinds, Stock Soars

Benzinga
Summary
Nutrition label

81% Informative

Sales grew 2.1% year-over-year to $760.148 million , beating the analyst consensus estimate of $752.34 million .

U.S. net sales declined 1% year over year as gains in Basics , Active, and New were outweighed by ongoing challenges in Intimate Apparel business.

International sales declined 2% on a reported basis due to a $12 million FX headwind but rose 4% in constant currency.

Operating margin rose to 20.9% , up 285 basis points from last year .