Hanesbrands (NYSE: HBI) reported earnings on Oct. 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 29 (Q3), Hanesbrands met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share increased significantly.

Gross margins shrank, operating margins expanded, net margins expanded.

Revenue details
Hanesbrands tallied revenue of $1.22 billion. The eight analysts polled by S&P Capital IQ anticipated revenue of $1.22 billion on the same basis. GAAP reported sales were 0.9% lower than the prior-year quarter's $1.23 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.11. The 10 earnings estimates compiled by S&P Capital IQ predicted $1.06 per share. GAAP EPS of $1.10 for Q3 were 21% higher than the prior-year quarter's $0.91 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 32.8%, 180 basis points worse than the prior-year quarter. Operating margin was 12.6%, 20 basis points better than the prior-year quarter. Net margin was 9.0%, 160 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.15 billion. On the bottom line, the average EPS estimate is $1.06.

Next year's average estimate for revenue is $4.54 billion. The average EPS estimate is $2.56.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 180 members out of 222 rating the stock outperform, and 42 members rating it underperform. Among 67 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Hanesbrands a green thumbs-up, and 12 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hanesbrands is buy, with an average price target of $36.10.

With hundreds of companies like Hanesbrands competing for shoppers' limited dollars, strong brands matter. Household names can provide growth for even boring, mature companies -- as long as you choose the right ones. Learn about a few who have what it takes in "3 American Companies Set to Dominate the World." Click here for instant access to this free report.