OverviewSuggest Edit

HanesBrands is a manufacturer and marketer of everyday basic apparel. It sells bras, panties, shapewear, sheer hosiery, men's underwear, children's underwear, socks, T-shirts, sweatshirts, fleece and other activewear. The company's brands include Hanes, Champion, Playtex, Bali, Maidenform, JMS/Just My Size, Wonderbra, Gear for Sports, DIM, Nur Die/Nur Der, Lovable, Abanderado, Shock Absorber, Zorba, Sol y Oro, Rinbros, Track N Field, and Ritmo.

TypePublic
Founded1901
HQWinston-Salem, NC, US
Websitehanes.com
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)63,000(-7%)
Job Openings631
Revenue (FY, 2019)$7 B(+3%)
Share Price (Nov 2021)$17.6(-1%)
Cybersecurity ratingBMore
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Key People/Management at HanesBrands

Steve Bratspies

Steve Bratspies

Chief Executive Officer
Joe Cavaliere

Joe Cavaliere

Group President, Global Innerwear
Michael P. Dastugue

Michael P. Dastugue

Chief Financial Officer
M. Scott Lewis

M. Scott Lewis

Chief Accounting Officer , Controller
Sean J. McBride

Sean J. McBride

Senior Vice President, , Corporate Development , Financial Business Support
Kristin L. Oliver

Kristin L. Oliver

Chief Human Resources Officer
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HanesBrands Office Locations

HanesBrands has offices in Winston-Salem and Rural Hall
Winston-Salem, NC, US (HQ)
1000 E Hanes Mill Rd
Rural Hall, NC, US
8201 Broad St
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HanesBrands Financials and Metrics

HanesBrands Revenue

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HanesBrands's revenue was reported to be $6.97 b in FY, 2019 which is a 2.4% increase from the previous period.
USD

Revenue (Q3, 2020)

1.8b

Gross profit (Q3, 2020)

616.7m

Gross profit margin (Q3, 2020), %

34.1%

Net income (Q3, 2020)

103.3m

EBIT (Q3, 2020)

174.6m

Market capitalization (12-Nov-2021)

6.2b

Closing stock price (12-Nov-2021)

17.6

Cash (26-Sept-2020)

731.5m

EV

10.0b
HanesBrands's current market capitalization is $6.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

6.5b6.8b7.0b

Revenue growth, %

7%5%2%

Cost of goods sold

4.0b4.1b4.2b

Gross profit

2.5b2.7b2.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.5b1.7b1.8b1.6b1.8b1.9b1.3b1.7b1.8b

Cost of goods sold

892.6m1.1b1.1b967.1m1.1b1.2b842.7m1.1b1.2b

Gross profit

578.9m660.0m712.7m620.9m674.7m712.3m473.7m633.0m616.7m

Gross profit Margin, %

39%38%39%39%38%38%36%36%34%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

421.6m433.0m328.9m

Accounts Receivable

903.3m870.9m815.2m

Inventories

1.9b2.1b1.9b

Current Assets

3.4b3.5b3.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

373.7m398.0m398.5m287.1m257.9m317.0m1.1b683.1m731.5m

Accounts Receivable

874.7m973.8m1.0b932.9m1.0b1.0b725.1m1.2b984.6m

Inventories

2.0b2.1b2.1b2.2b2.2b2.1b2.0b2.0b2.2b

Current Assets

3.4b3.6b3.7b3.6b3.7b3.6b4.0b4.0b4.1b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

61.9m553.1m600.7m

Depreciation and Amortization

122.5m131.8m131.0m

Inventories

22.6m(205.3m)147.3m

Accounts Payable

71.8m165.8m(67.4m)
Quarterly
USDFY, 2017

Revenue/Employee

96.3k

Debt/Equity

5.6 x

Debt/Assets

0.6 x

Financial Leverage

10 x
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HanesBrands Operating Metrics

FY, 2017FY, 2018FY, 2019

Countries (Facilities)

394139

Distribution Centers

434547

Facility Space, sq. ft.

21.48 m22.61 m22.28 m

Manufacturing Facilities

504140
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HanesBrands Acquisitions / Subsidiaries

Company NameDateDeal Size
Bras N ThingsFebruary 08, 2018$400 m
Alternative ApparelOctober 18, 2017$60 m
Pacific BrandsApril 27, 2016$800 m
Champion EuropeApril 07, 2016
Knights ApparelFebruary 24, 2015
DBApparelJune 25, 2014$528 m
MaidenformJuly 24, 2013
TNF GroupMarch 11, 2011
Gear for SportsNovember 01, 2010
Alternative Apparel, Inc.
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HanesBrands Revenue Breakdown

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HanesBrands revenue breakdown by business segment: 25.8% from Activewear, 35.2% from Innerwear, 35.2% from International and 3.9% from Other

HanesBrands revenue breakdown by geographic segment: 17.9% from Asia Pacific, 66.9% from Americas, 14.7% from Europe and 0.5% from Other

HanesBrands Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

HanesBrands Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

HanesBrands Online and Social Media Presence

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HanesBrands Company Culture

  • Overall Culture

    D-

    55/100

  • CEO Rating

    C-

    64/100

  • Compensation

    D-

    47/100

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HanesBrands News and Updates

Hanesbrands sales miss expectations after PPE declines

Hanesbrands Inc. reported third-quarter net income of $151.8 million, or 43 cents per share, up from $103.3 million, or 29 cents per share, last year. Adjusted EPS of 53 cents beat the FactSet consensus for 47 cents. Sales of $1.790 billion were up from $1.692 billion last year and below the FactSe…

Hanesbrands to require all U.S. office employees to be fully vaccinated for COVID-19

Hanesbrands Inc. said Wednesday that it will require all U.S. office employees to be fully vaccinated against COVID-19 by Oct. 15. The apparel company, which brands include Hanes and Champion, said it "tentatively" plans for most of its U.S. employees to return to offices on Oct. 18, but said it wa…

Hanesbrands upgraded as addition of Walmart vets and brand investment strategy drive momentum

Hanesbrands Inc. was upgraded to overweight from equal weight at Wells Fargo as optimistic analysts say a turnaround is building momentum. Hanesbrands has brought on a number of former Walmart Inc. veterans in the past nine months, including Chief Executive Steve Bratspies, Chief Financial Officer…

: Hanesbrands aims to drive $1 billion in revenue growth from the Champion brand

The athletic gear and underwear company has a plan to increase overall revenue from $6.25 billion in 2021 to $7.4 billion in 2024.

Deutsche Bank says buy Hanesbrands for a trade ahead of earnings

Deutsche Bank said Hanesbrands' upcoming earnings reports has the potential give shares a boost.

Hanesbrands Gained 10%, Room To Run More?

Hanesbrands, an apparel company that designs, manufactures, sources, and sells activewear and innerwear, has rallied by 10% over the last five trading days and currently stands at around $18. In comparison, the broader S&P 500 returned only around 1% growth over the same period...
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HanesBrands Blogs

Greg Hall Joins HanesBrands as Chief Consumer Officer

Greg Hall Joins HanesBrands as Chief Consumer Officer Content Import Thu, 11/12/2020 - 08:01 Greg Hall Joins HanesBrands as Chief Consumer Officer November 12, 2020 at 8:00 AM EST This release is a backfill from a News Wire General …

HanesBrands Announces Retirement of Joia M. Johnson

WINSTON-SALEM, N.C. --(BUSINESS WIRE)--Nov. 10, 2020-- HanesBrands (NYSE: HBI), a leading global marketer of branded everyday basic apparel, today announced that Joia M. Johnson , chief administrative officer, general counsel and corporate secretary, plans to retire effective May 2021 .

HanesBrands Proprietary Surgical Face Mask Receives Authorization by U.S. Food and Drug Administration

WINSTON-SALEM, N.C. --(BUSINESS WIRE)--Nov. 5, 2020-- HanesBrands (NYSE:HBI) today announced that a proprietary surgical face mask developed in conjunction with North Carolina State University , the University of North Carolina at Chapel Hill and UNC Health has been authorized by the U.S.

HanesBrands Reports Third-Quarter 2020 Financial Results

Net Sales , operating profit, EPS and operating cash flow above expectations U.S. Innerwear sales up 8.4% over last year, excluding protective garments; up 11.5% on rebased basis Global Champion net sales more than doubled over previous quarter 3Q net sales of $1.81 billion driven by improved sales

College Students Reflect on Their Sustainability Journey in Final Episode of HanesBrands’ “Crop to Campus” Minidocumentary

The seven-part, minidocumentary follows three North Carolina State University students on an all-questions-answered journey from the fields to the finished product WINSTON-SALEM, N.C. --(BUSINESS WIRE)--Oct. 20, 2020-- In the final episode of filmmaker Rod Murphy’s “Crop to Campus” minidocumentary

HanesBrands Sets Date for Third-Quarter 2020 Earnings Announcement and Investor Conference Call

HanesBrands Sets Date for Third-Quarter 2020 Earnings Announcement and Investor Conference Call Content Import Thu, 10/15/2020 - 16:28 HanesBrands Sets Date for Third-Quarter 2020 Earnings Announcement and Investor Conference Call October 15, 2020 at 4:28 PM EDT …
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HanesBrands Frequently Asked Questions

  • When was HanesBrands founded?

    HanesBrands was founded in 1901.

  • Who are HanesBrands key executives?

    HanesBrands's key executives are Steve Bratspies, Joe Cavaliere and Michael P. Dastugue.

  • How many employees does HanesBrands have?

    HanesBrands has 63,000 employees.

  • What is HanesBrands revenue?

    Latest HanesBrands annual revenue is $7 b.

  • What is HanesBrands revenue per employee?

    Latest HanesBrands revenue per employee is $110.6 k.

  • Who are HanesBrands competitors?

    Competitors of HanesBrands include VF Corporation, Nike and Gildan Activewear.

  • Where is HanesBrands headquarters?

    HanesBrands headquarters is located at 1000 E Hanes Mill Rd, Winston-Salem.

  • Where are HanesBrands offices?

    HanesBrands has offices in Winston-Salem and Rural Hall.

  • How many offices does HanesBrands have?

    HanesBrands has 2 offices.