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Underwear Maker Hanesbrands Profits Rose In The Fourth Quarter

2015/2/7 20:51:00 53

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Manufacturers Hanesbrands Inc. (NYSE:HBI) continued to soar in the fourth quarter, but the group's weak forecast for the 2015 fiscal year led to a sharp drop in its stock price on Friday and a decrease of 4.04% to $111.38.

As of the four quarter of January 3, 2015, the Hanesbrands Inc. earnings per share recorded a total of US $0.88, up 175% from 0.32 US dollars in the same period last year, and net profit of US $89 million 437 thousand, up 177.2% from the 32 million 266 thousand US dollars in the same period last year.

The income was recorded at $1 billion 522 million 600 thousand during the period, up 18.4% from 1 billion 285 million 800 thousand US dollars in the same period last year.

Gross profit margin

It rose 260 basis points to 35.8%; gross profit rose 27.7%, from 427 million 200 thousand US dollars in the same period last year to US $545 million 600 thousand; operating profit rose 82.9%, from 71 million 698 thousand US dollars in the same period last year to US $131 million 200 thousand; operating profit margin increased by 300 basis points to 8.6%.

Hanesbrands Inc. expects revenue in the 2015 fiscal year to increase to $5 billion 775 million, -58.25 billion, an increase of 9%; the adjusted operating profit is expected to be 835 million US $-8.55 billion, an increase of 9%-12%; the adjusted EP is US $6.30 US dollars, an increase of 11%-15% and an operating cash flow of US $550 million US $200 billion.

The company also announced that it would dismantle 4 shares in 1 shares in March 3rd, so the adjusted EPS actually amounted to US $1.58 -1.63 US dollars.

The group said the reasons for its expected weakness in 2015 included strong U.S. dollar and Target group's withdrawal from the Canadian market.

In 2014, the underwear group will distribute its annual dividend of $0.40 on the basis of stock split, up 33% over the same period last year.

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In the cradle of the knitwear industry in the United Kingdom, Scotland was born with such a brand, Pringle of Scotland, and the first design of the classic of (Argylepattern) inlaid pattern.

This classic pattern not only wins the favor of Duke of Windsor, but also raises the craze for contemporary fashion.

In 2015, when Pringle (Pringle of Scotland) 200th anniversary, Pringle (Pringle of Scotland) will continue to show its pursuit of superior quality, unique style, authenticity, and innovative brand DNA.

It is also such a crucial brand management concept that supports the design and creation of the brand spanning two centuries and becomes one of the oldest fashion brands.

To commemorate the creation of brand 200th anniversary, Pringle (Pringle of Scotland) opened the classic retrospective exhibition of "Fully Fashioned Pringle".

Pringle (Pringle of Scotland) classic retrospective exhibition will trace back to brand history and tradition. Through the creativity of well-known curator Alistair ONeil (Alistair O'Neill), we should explore the core position of knitwear in modern fashion.

The classic retrospective exhibition of "Fully Fashioned's story" was first previewed by the February London dress week in the Serpentine Gallery, and then officially launched in April at the National Museum in Scotland, Edinburgh, after which the tour is planned for the United States and Asia.


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