Hanesbrands has shown a net turnover of around $ 750 million (665 million euros) for the first quarter, which corresponds to an increase of 2.1 percent and is within the framework of the previous forecasts.
The operational profit for the quarter was $ 52 million, which reflects a stable performance compared to the same period last year. The company also emphasized its commitment to reducing debt and plans to refinance its due densities for 2026 in the first quarter.
“We delivered another strong quarter, including sales, surgical profit and result per share that exceeded our expectations because we continue to see the advantages of our growth strategy and previous transformation initiatives,” said Hanesbrands CEO Steve Bratspies. “We have also confirmed our outlook for the year, which now reflects our expected effects of the US tariffs, since the current environment has challenges, but also real sales opportunities. We are confident that we can fully cushion the front winds, since we have many adjustments, including further cost reductions and price measures.”
With a view to the future, Hanesbrands expects further margin expansion and strong growth of the profit per share for the year 2025, as explained in the previous forecast. For the 2025 financial year, which ends on January 3, 2026, the company is currently expecting a net turnover of around 3.47 billion US dollars up to $ 3.52 billion, which is essentially corresponding to the previous year on a proven basis and is increasing organically by currency.
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