Hanesbrands Inc. Provides Earnings Guidance for the First Quarter Ending March 30, 2024 and Full Year Ending December 28, 2024
For the quarter, the company expects net sales from continuing operations of approximately $1.13 billion to $1.19 billion, which includes projected headwinds of approximately $20 million from the U.S. Hosiery divestiture and approximately $13 million from changes in foreign currency exchange rates. GAAP operating profit from continuing operations of approximately $45 million to $65 million. GAAP loss per share from continuing operations of $0.14 to $0.08.