Company logo

HBI - Hanesbrands Inc.

NYSE -> Consumer Cyclical -> Apparel Manufacturing
Winston-Salem, United States
Type: Equity

HBI price evolution
HBI
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $205.5 $191.09 $191.83 $213.21
Short term investments
Net receivables $557.73 $712.83 $686.04 $681.92
Inventory $1368.02 $1516.78 $1836.02 $1969.13
Total current assets $2276.22 $2595.76 $2891.7 $3028.97
Long term investments
Property, plant & equipment $843.28 $843.14 $872.19 $896.96
Goodwill & intangible assets $2348.45 $2294.11 $2340.43 $2348.21
Total noncurrent assets $3364.1 $3317.53 $3387.33 $3403.71
Total investments
Total assets $5640.31 $5913.29 $6279.03 $6432.68
Current liabilities
Accounts payable $736.25 $789.92 $958.54 $965.63
Deferred revenue
Short long term debt $175.64 $372.22 $309.54 $319.02
Total current liabilities $1390.57 $1655.28 $1728.09 $1764.47
Long term debt $3589.66 $3658.33 $3869.86 $3968.31
Total noncurrent liabilities $3830.39 $3983.97 $4202.98 $4328.68
Total debt $3765.3 $4030.55 $4179.4 $4287.33
Total liabilities $5220.96 $5639.25 $5931.07 $6093.15
Shareholders' equity
Retained earnings $554.8 $476.8 $515.6 $537.7
Other shareholder equity -$492.31 -$555.1 -$514.17 -$538.52
Total shareholder equity $419.35 $274.04 $347.96 $339.53
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $205.5 $238.41 $536.28 $909.44
Short term investments
Net receivables $557.73 $721.4 $894.15 $831.86
Inventory $1368.02 $1979.67 $1584.02 $1491.1
Total current assets $2276.22 $3131.75 $3528.1 $3408.39
Long term investments
Property, plant & equipment $843.28 $857.3 $805.25 $1013.04
Goodwill & intangible assets $2348.45 $2364.6 $2353.26 $2833.65
Total noncurrent assets $3364.1 $3372.12 $3543.33 $4290.49
Total investments
Total assets $5640.31 $6503.88 $7071.44 $7698.87
Current liabilities
Accounts payable $736.25 $917.48 $1214.85 $948.51
Deferred revenue
Short long term debt $175.64 $361.79 $134.53 $411.56
Total current liabilities $1390.57 $1790.63 $2327.05 $2103.37
Long term debt $3589.66 $3612.08 $3607.94 $4099.79
Total noncurrent liabilities $3830.39 $4314.98 $4041.89 $4781.55
Total debt $3765.3 $4300.52 $3742.47 $4511.35
Total liabilities $5220.96 $6105.61 $6368.94 $6884.92
Shareholders' equity
Retained earnings $554.8 $572.11 $935.26 $1069.55
Other shareholder equity -$492.31 -$512.01 -$551.6 -$566.96
Total shareholder equity $419.35 $398.26 $702.49 $813.96
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $1296.83 $1511.31 $1438.98 $1389.41
Cost of revenue $803.16 $1040.99 $956.24 $939.72
Gross Profit $493.67 $470.31 $482.74 $449.69
Operating activities
Research & development
Selling, general & administrative $397.57 $404.35 $413.33 $392.37
Total operating expenses $397.57 $404.35 $413.33 $392.37
Operating income $96.1 $65.96 $69.4 $57.32
Income from continuing operations
EBIT $88.72 $56.85 $62.14 $42.55
Income tax expense -$58.91 $23.04 $10 $18.5
Interest expense $69.69 $72.61 $74.61 $58.45
Net income
Net income $77.94 -$38.8 -$22.46 -$34.4
Income (for common shares) $77.94 -$38.8 -$22.46 -$34.4
(in millions $) 31 Dec 2023 31 Dec 2022 1 Feb 2022 31 Dec 2020
Revenue
Total revenue $5636.52 $6233.65 $6664.35
Cost of revenue $3740.11 $4012.54 $4816.09
Gross Profit $1896.41 $2221.11 $1848.26
Operating activities
Research & development
Selling, general & administrative $1607.63 $1701.56 $1841.76
Total operating expenses $1607.63 $1701.56 $1841.76
Operating income $288.78 $519.54 $6.5
Income from continuing operations
EBIT $250.26 $513.78 -$16.63
Income tax expense -$7.37 $483.91 -$107.54
Interest expense $275.35 $157.07 $166.49
Net income
Net income -$17.73 -$127.2 -$75.58
Income (for common shares) -$17.73 -$127.2 -$75.58
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $77.94 -$38.8 -$22.46 -$34.4
Operating activities
Depreciation $22.37 $24 $21.94 $20.16
Business acquisitions & disposals
Stock-based compensation $20.55
Total cash flows from operations $274.4 $155.11 $87.7 $44.54
Investing activities
Capital expenditures -$8.11 -$2.15 -$9.22 -$24.24
Investments
Total cash flows from investing -$8.11 -$0.85 -$9.22 -$5.3
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings -$272.27 -$144.52 -$97.86 -$62.51
Total cash flows from financing -$272.3 -$144.61 -$98.98 -$64.18
Effect of exchange rate $20.41 -$10.39 -$0.87 -$0.26
Change in cash and equivalents $14.41 -$0.74 -$21.38 -$25.2
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$17.73 -$127.2 $77.22 -$75.58
Operating activities
Depreciation $88.47 $88.06 $93.81 $107.73
Business acquisitions & disposals
Stock-based compensation $20.55 $23.46 $16.63 $18.97
Total cash flows from operations $561.75 -$358.8 $623.41 $448.47
Investing activities
Capital expenditures -$43.73 -$111.97 -$66.46 -$53.06
Investments
Total cash flows from investing -$23.48 -$216.43 -$52.45 -$41.08
Financing activities
Dividends paid -$209.31 -$209.48 -$210.38
Sale and purchase of stock -$25.02 -$200.27
Net borrowings -$577.15 $533.58 -$668.64 $557.31
Total cash flows from financing -$580.08 $295.83 -$888.02 $142.17
Effect of exchange rate $8.9 -$42.81 -$32.91 $31.12
Change in cash and equivalents -$32.91 -$322.22 -$349.97 $580.68
News
Hanesbrands Inc. (NYSE:HBI) Q4 2023 Earnings Call Transcript
Insider Monkey via Yahoo Finance 16 Feb 2024
Company News for Feb 16, 2024
Zacks via Yahoo Finance 16 Feb 2024
Hanesbrands CEO Touts Upside as Investors Focus on Negatives
Sourcing Journal via Yahoo News 15 Feb 2024
HanesBrands still pursuing twin strategic plans for Champion brand
Winston-Salem Journal 15 Feb 2024
Reducing expenses lifts HanesBrands to fourth-quarter profit
Winston-Salem Journal 15 Feb 2024
Hanesbrands (HBI) Q4 Earnings Lag Estimates, Sales Decline Y/Y
Zacks via Yahoo Finance 15 Feb 2024
Hanesbrands to Cut Another 159 Jobs
Sourcing Journal via Yahoo News 14 Feb 2024
4th-Quarter Earning?s Season Coming Up Roses
GuruFocus.com via Yahoo Finance 12 Feb 2024
Hanesbrands (HBI) Q4 Earnings Coming Up: What to Expect?
Zacks via Yahoo Finance 12 Feb 2024
Krispy Kreme secures joint venture to enter Brazil
Winston-Salem Journal 9 Feb 2024
Fundamentals
Market cap $2.03B
Enterprise value $5.59B
Shares outstanding 350.14M
Revenue $5.64B
EBITDA $338.73M
EBIT $250.26M
Net Income -$17.73M
Revenue Q/Q -11.98%
Revenue Y/Y N/A
P/E ratio -114.57
EV/Sales 0.99
EV/EBITDA 16.50
EV/EBIT 22.34
P/S ratio 0.36
P/B ratio 2.23
Book/Share 2.60
Cash/Share 0.59
EPS -$0.05
ROA -0.29%
ROE -5.13%
Debt/Equity 12.45
Net debt/EBITDA 14.81
Current ratio 1.64
Quick ratio 0.65