NYSE$HBI

Hanesbrands Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported solid fourth-quarter results and launched the “Full Potential” plan.

HanesBrands reported solid fourth-quarter results, driven by strong performance across its biggest business segments. Net sales were $1.8 billion, and adjusted EPS was $0.38 per share. The company also launched its “Full Potential” plan to drive long-term growth and higher profitability.

  • Net sales of $1.8 billion, driven by strong performance across biggest business segments
  • Continued momentum in global Champion and U.S. Innerwear
  • Full Potential plan to drive long-term growth and higher profitability
  • Company exploring strategic alternatives for European Innerwear business

Headline financials

Total Revenue

$1.8B

Previous: $1.75B+2.9%
EPS (adj)

$0.38

Previous: $0.51-25.5%
Operating Margin

-24.6%

Previous: 13.9%-277.0%
Net Income

-$332M

Previous: $185M-279.6%
Operating Income

-$444M

Previous: $243M-282.3%
Gross Profit

$125M

Previous: $707M-82.3%
Cash & Equivalents

$909M

Previous: $329M+176.5%

Revenue & EPS history

Hanesbrands · Revenue · Quarterly

$1.8B

Q4 2020+2.9%vs Q4 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

The company expects first-quarter 2021 net sales to total approximately $1.485 billion to $1.515 billion and GAAP and adjusted earnings per share are expected to range from $0.24 to $0.27.

Tailwinds

  • Higher sales
  • Positive manufacturing variances
  • Anniversary of last year’s COVID-driven volume de-leverage.

Headwinds

  • Continued uncertainty related to the COVID-19 pandemic
  • Impact on the global consumer environment.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports

Historical avg

-1.7%

Avg return

Earnings day

+1.0%

Avg return

5 days after

-0.8%

Avg return

30 days after

39%

25 / 64 earnings

Positive

+17.2%

Q4 2020

Best reaction

-24.8%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-3.3%-2.6%
Q2 2025+11.8%+48.3%+54.1%
Q1 2025+4.1%+10.0%+2.3%
Q4 2024-18.5%-20.6%-23.4%
Q3 2024+12.7%+12.4%+19.2%
Q2 2024+17.1%+16.3%+21.5%
Q1 2024+11.2%+11.0%+16.4%
Q4 2023-9.3%-3.8%+20.4%
Q3 2023-4.7%-1.4%-8.5%
Q2 2023+4.3%+3.4%-11.1%
Q1 2023-11.2%-11.6%-10.2%
Q4 2022-24.8%-31.3%-33.2%
Q3 2022-4.0%+3.8%-10.3%
Q2 2022-8.6%-3.4%-20.5%
Q1 2022-11.1%-14.0%-16.9%
Q4 2021-0.5%+0.9%-2.2%
Q3 2021-1.6%-1.2%-9.9%
Q2 2021+8.1%
Q1 2021-14.3%
Q4 2020+17.2%
Q3 2020-21.5%
Q2 2020-3.5%
Q1 2020-7.8%
Q4 2019-3.7%
Q3 2019-3.4%
Q2 2019-5.8%
Q1 2019-1.8%
Q4 2018+14.6%
Q3 2018-7.0%
Q2 2018-17.9%
Q1 2018-6.4%
Q4 2017-12.3%
Q3 2017-10.8%
Q2 2017+3.2%
Q1 2017-5.0%
Q4 2016-18.3%
Q3 2016+7.9%
Q2 2016-5.8%
Q1 2016+1.3%
Q4 2015-18.0%
Q3 2015+17.0%
Q2 2015-8.0%
Q1 2015-5.6%
Q4 2014-2.7%
Q3 2014-3.2%
Q2 2014+3.3%
Q1 2014+6.1%
Q4 2013+13.0%
Q3 2013+6.3%
Q2 2013+6.1%
Q1 2013+3.0%
Q4 2012+4.1%
Q3 2012-1.6%
Q2 2012+4.8%
Q1 2012+10.3%
Q4 2011+0.6%
Q3 2011-1.2%
Q2 2011+1.3%
Q4 2009-1.9%
Q1 2011+0.8%
Q3 2010-5.5%
Q4 2010-2.4%
Q2 2010-2.4%
Q1 2010-1.8%

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