“`html
Hanesbrands Inc. (HBI) reported third-quarter results for 2025 on [insert date here], with net sales from continuing operations declining 1% year-over-year to $891.7 million, falling below the Zacks Consensus Estimate of $901 million. Adjusted earnings per share were 15 cents, missing estimates by a penny, although up from 12 cents in Q3 2024.
The U.S. segment saw sales drop 4.5% to $647.5 million due to shifts in replenishment orders at a major retail partner, while the international segment reported a 8% decrease to $204.4 million. Despite these challenges, adjusted operating profit increased 3% year-over-year to $116 million, with an adjusted operating margin of 13%.
As of the end of the quarter, Hanesbrands had cash and cash equivalents of $217.6 million and long-term debt of $2.21 billion. The company has entered into a definitive merger agreement to be acquired by Gildan, and it is no longer providing guidance for future performance.
“`
