Hanesbrands Earnings Beat Estimates in Q4, Sales Increase Y/Y
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Hanesbrands reported better-than-expected earnings for Q4, with an increase in net sales and a significant expansion in gross margin due to cost-saving measures and reduced input costs.
February 13, 2025 | 6:45 pm
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Hanesbrands reported strong Q4 earnings, surpassing estimates with increased sales and a 410 bps improvement in gross margin due to cost-saving measures and lower input costs.
The positive earnings surprise and significant margin expansion are likely to boost investor confidence and drive the stock price up in the short term. The company's effective cost-saving strategies and reduced input costs have contributed to these strong results.
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