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, US
Websitehanes.com
Overall CultureD+

Latest Updates

Employees (est.) (Dec 2019)63,000(-7%)
Job Openings465
Revenue (FY, 2019)$7 B(+3%)
Share Price (Nov 2020)$13.5 (+2%)
Cybersecurity ratingBMore

Key People/Management at HanesBrands

Steve Bratspies

Steve Bratspies

Chief Executive Officer
David L. Bortolussi

David L. Bortolussi

Group President, International Innerwear
Michael E. Faircloth

Michael E. Faircloth

Group President, Global Operations, American Casualwear and E-commerc
Joia M. Johnson

Joia M. Johnson

Chief Administrative Officer, General Counsel and Corporate Secretary
M. Scott Lewis

M. Scott Lewis

Chief Accounting Officer and Controller
Sean J. McBride

Sean J. McBride

Senior Vice President, Corporate Development and Financial Business Support
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HanesBrands Office Locations

HanesBrands has offices in Winston-Salem and Rural Hall
Winston-Salem, US (HQ)
1000 E Hanes Mill Rd
Rural Hall, 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
USD

Revenue (FY, 2019)

7.0b

Gross profit (FY, 2019)

2.7b

Gross profit margin (FY, 2019), %

39%

Net income (FY, 2019)

600.7m

EBIT (FY, 2019)

889.7m

Market capitalization (17-Nov-2020)

4.7b

Closing stock price (17-Nov-2020)

13.5

Cash (28-Dec-2019)

328.9m

EV

8.1b
HanesBrands's current market capitalization is $4.7 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.6b4.5b4.6b5.3b5.7b6.0b6.5b6.8b7.0b

Revenue growth, %

15%8%5%7%

Cost of goods sold

3.1b3.1b3.0b3.4b3.6b3.8b4.0b4.1b4.2b

Gross profit

1.5b1.4b1.6b1.9b2.1b2.3b2.5b2.7b2.7b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.1b1.2b1.0b1.2b1.2b1.0b1.2b1.2b945.5m1.2b1.2b1.1b1.3b1.4b1.6b1.2b1.5b1.8b1.2b1.5b1.4b1.6b1.8b1.5b3.2b1.8b1.6b1.8b1.9b

Cost of goods sold

701.0m809.5m681.9m798.0m804.7m754.0m813.7m818.8m618.2m763.7m775.7m702.6m837.7m903.0m1.0b762.7m953.8m1.1b761.9m915.4m840.8m1.0b1.1b892.6m1.9b1.1b967.1m1.1b1.2b

Gross profit

374.8m363.9m354.5m427.2m425.4m254.4m366.9m399.9m327.3m435.5m421.7m356.8m504.4m497.7m580.8m446.2m568.2m649.4m457.3m557.3m539.5m645.9m678.5m578.9m1.2b712.7m620.9m674.7m712.3m

Gross profit Margin, %

35%31%34%35%35%25%31%33%35%36%35%34%38%36%37%37%37%37%38%38%39%39%38%39%39%39%39%38%38%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

35.3m42.8m115.9m239.9m319.2m460.2m421.6m433.0m328.9m

Accounts Receivable

470.7m506.3m903.3m870.9m815.2m

Prepaid Expenses

62.5m59.1m159.2m174.6m

Inventories

1.6b1.3b1.3b1.5b1.8b1.8b1.9b2.1b1.9b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

36.8m75.5m64.8m44.7m48.0m34.6m29.7m182.3m68.5m82.3m132.3m151.1m143.6m215.8m284.6m277.1m315.4m450.2m332.4m661.0m463.6m449.4m400.0m373.7m398.0m398.5m287.1m257.9m317.0m

Accounts Receivable

512.8m531.4m547.1m612.2m589.4m524.7m586.0m585.5m550.7m616.6m585.7m611.6m779.5m874.9m850.3m713.1m835.3m961.7m722.1m857.6m800.5m935.5m1.0b874.7m973.8m1.0b932.9m1.0b1.0b

Prepaid Expenses

57.3m64.7m55.1m49.5m53.4m63.3m55.7m106.8m132.8m154.9m166.1m152.9m166.7m

Inventories

1.3b1.4b1.5b1.6b1.7b1.6b1.4b1.3b1.3b1.3b1.3b1.4b1.4b1.7b1.8b1.7b1.8b2.0b2.0b2.0b2.0b2.0b2.0b2.0b2.1b2.1b2.2b2.2b2.1b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

266.7m164.7m330.5m404.5m428.9m539.4m61.9m553.1m600.7m

Depreciation and Amortization

90.7m92.3m122.5m131.8m106.1m

Inventories

(287.9m)313.8m83.7m(40.2m)(289.7m)135.8m22.6m(205.3m)147.3m

Accounts Payable

39.7m(40.6m)30.9m71.9m74.6m(61.0m)71.8m165.8m(67.4m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

121.9m183.2m48.1m134.9m225.7m(26.8m)(25.6m)84.3m51.4m173.0m125.3m41.6m154.6m118.9m309.7m52.6m147.5m382.3m80.3m208.4m70.6m243.1m446.5m79.4m220.0m391.5m79.5m233.5m421.2m

Depreciation and Amortization

36.6m54.2m18.1m44.1m66.6m19.5m6.8m10.1m3.4m(6.7m)79.1m

Inventories

(249.4m)(333.1m)(215.0m)(307.4m)(404.8m)(8.6m)131.6m230.4m(95.2m)(91.5m)(281.0m)(228.7m)4.6m(140.4m)(129.6m)(140.6m)(130.6m)(74.9m)(150.8m)(244.7m)(279.0m)(183.9m)(178.5m)(72.1m)

Accounts Payable

108.0m110.0m58.6m149.7m93.5m(49.6m)(51.3m)(18.5m)19.1m42.8m35.7m56.2m(80.6m)(141.3m)(79.7m)(14.3m)9.0m71.3m(63.7m)68.8m116.2m(18.2m)7.7m(12.0m)
USDQ2, 2011

Financial Leverage

7.8 x
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HanesBrands Acquisitions / Subsidiaries

Company NameDateDeal Size
Bras N ThingsFebruary 08, 2018$400 m

HanesBrands Revenue Breakdown

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HanesBrands revenue breakdown by business segment: 31.7% from International, 25.6% from Activewear, 38.1% from Innerwear and 4.6% from Other

HanesBrands revenue breakdown by geographic segment: 9.3% from Australia, 69.5% from United States and 21.2% from Other

HanesBrands Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

HanesBrands Online and Social Media Presence

Embed Graph

HanesBrands Company Culture

  • Overall Culture

    D+

    59/100

  • CEO Rating

    D+

    62/100

  • Compensation

    D-

    48/100

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HanesBrands News and Updates

: Hanesbrands earnings beat expectations but weak guidance sinks stock

Hanesbrands is conducting an "in-depth review," the company's new CEO announced

Hanesbrands stock jumps after surprise profit and big sales beat, helped by pivot to protective garments

Shares of Hanesbrands Inc. shot up 9.3% toward an 8-month high in premarket trading Thursday, after the underwear maker reported a surprise second-quarter profit and a big sales beat, resulting from its ability to pivot to producing face masks and medical gowns amid the COVID-19 pandemic and a 68% …

Hanesbrands upgraded on sales at major retailers like Walmart and potential market share gains from Victoria's Secret store closures

Hanesbrands Inc. shares rose 5.6% in Wednesday premarket trading after it was upgraded to strong buy from market perform at Raymond James based on its distribution at major retailers and the potential market share gains from Victoria's Secret store closures. Raymond James has a $20 price target on …

Hanesbrands appoints Walmart vet to chief executive position

Hanesbrands Inc. stock rose nearly 3% in Tuesday premarket trading after it named Stephen Bratspies to the chief executive role, effective August 3. Bratspies was most recently chief merchandising officer at Walmart Inc. . He succeeds Gerald Evans Jr., who previously announced his retirement after …

Here’s Why Hanesbrands Stock Could Gain 25% Post COVID-19 Crisis

Comparing the trend in Hanesbrands stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can potentially gain 25% to levels over $12, once fears surrounding the coronavirus outbreak are put to rest. While the company is struggling...

HanesBrands CEO Gerald Evans to retire in January 2021

HanesBrands Inc. announced Wednesday that Chief Executive Gerald Evans intends to retire at the end of the company's current fiscal year, which runs until Jan. 2, 2021. The company has begun a search process for his successor. Evans joined HanesBrands in 1983 and had been in the chief-executive rol…
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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, David L. Bortolussi and Michael E. Faircloth.

  • 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 Gildan Activewear, VF Corporation and Adidas.

  • 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.