The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Hanesbrands's revenues will expand 2.5% and EPS will grow 38.2%.
The average estimate for revenue is $1.21 billion. On the bottom line, the average EPS estimate is $0.94.
Last quarter, Hanesbrands chalked up revenue of $945.5 million. GAAP reported sales were 2.8% lower than the prior-year quarter's $973.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.51. GAAP EPS were $0.51 for Q1 against -$0.28 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 34.6%, 840 basis points better than the prior-year quarter. Operating margin was 9.0%, 790 basis points better than the prior-year quarter. Net margin was 5.4%, 820 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $4.59 billion. The average EPS estimate is $3.45.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 192 members out of 232 rating the stock outperform, and 40 members rating it underperform. Among 76 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Hanesbrands a green thumbs-up, and 10 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 $46.18.
Selling to fickle consumers is a tough business for Hanesbrands or anyone else in the space. But some companies are better equipped to face the future than others. In a new report, we'll give you the rundown on three companies that are setting themselves up to dominate retail. Click here for instant access to this free report.
- Add Hanesbrands to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.