Nov. 7 at 12:52 PM
$HBI Q3 miss — but is it all bad news? 🤔
👕 EPS of 15 cents missed the Zacks Consensus Estimate of 16 cents, but improved YoY from 12 cents.
📉 Net sales from continuing operations decreased 1% YoY, missing estimates, but underlying demand trends improved despite a late-quarter shift in orders.
💰 Margin expansion continues with cost-savings efforts.
Full breakdown here 👉 https://www.zacks.com/stock/news/2787582/hanesbrands-q3-earnings-miss-estimates-sales-decline-yy?cid=sm-stocktwits-2-2787582-body-19987&ADID=SYND_STOCKTWITS_TWEET_2_2787582_BODY_19987