24/7 Market News Snapshot 07 August, 2025 – Hanesbrands, Inc. (NYSE:HBI)
DENVER, Colo., 07 August, 2025 (www.247marketnews.com) – (NYSE:HBI) are discussed in this article.
Hanesbrands, Inc. is currently experiencing significant momentum in the financial market, evidenced by its latest trading performance and impressive second quarter results for 2025. Today, shares opened at $3.38 and have surged to $5.095, reflecting a notable increase of 22.18% from a previous close of $4.170. This rise comes with robust trading activity, with a volume of 2.21 million shares exchanged, signaling a bullish outlook among investors.
In its recently reported earnings, Hanesbrands noted net sales of approximately $991 million, which represents a year-over-year growth of 1.8%. This growth was complemented by a remarkable 38% increase in gross profit, reaching $412 million, driven by effective cost management and enhanced operational efficiency, yielding a gross margin of 41.6%. CEO Steve Bratspies highlighted that this performance marks the third consecutive quarter of surpassing expectations in revenue and earnings per share, reflecting the successful execution of the company’s strategic transformation initiatives.
The company also reported a substantial operating profit increase of 345%, totaling $155 million, with a 22% rise in adjusted operating profit to $153 million. These results underscore the impact of Hanesbrands’ supply chain enhancements and its commitment to reducing overhead costs.
Confident in its trajectory, Hanesbrands has elevated its full-year guidance, anticipating net sales of approximately $3.53 billion and an expected operating profit of around $471 million. This optimism is underscored by a dedication to consistent sales growth and margin improvement. With continued strategic investments in innovation and operational excellence, Hanesbrands is reinforcing its position as a leader in the apparel sector, poised for future growth and greater shareholder value.