Home Street Fashion US’ HanesBrands Q2 profit surges 345%, raises FY25 guidance

US’ HanesBrands Q2 profit surges 345%, raises FY25 guidance

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HanesBrands Inc has reported better-than-expected Q2 FY25 results with net sales up 1.8 per cent YoY to $991 million and gross profit rising 38 per cent.
The operating profit soared 345 per cent to $155 million, with EPS at $0.24.
US sales declined slightly, while international sales dropped 3 per cent.
The company raised its full-year outlook and expects Q3 sales of $900 million.HanesBrands Inc has reported better-than-expected Q2 FY25 results with net sales up 1.8 per cent YoY to $991 million and gross profit rising 38 per cent.
The operating profit soared 345 per cent to $155 million, with EPS at $0.24.
US sales declined slightly, while international sales dropped 3 per cent.
The company raised its full-year outlook and expects Q3 sales of $900 million.