Shopping Mall Low Flow Of American Underwear Manufacturers Hanesbrands Sales Decline

In the fourth quarter of January 2, 2016, the net profit of Hanesbrands Inc. was recorded at $119 million 200 thousand, or $0.30 per share, compared with $89 million 437 thousand in the same period last year, plus $0.22 per share.

Excluding the fourth quarter of the takeover, the adjusted EPS was $0.44, still less than the $0.46 expected by Zacks.

During the period, the Group recorded a revenue of 1 billion 409 million 600 thousand US dollars, down 7.4% from 1 billion 522 million 600 thousand US dollars in the same period last year, and the fixed exchange rate still has a 5% decline, far below the Zacks's expected US $1 billion 530 million.

EPS's expected fourth quarter performance order

Manufacturer Hanesbrands Inc. (NYSE:HBI) slumped on Friday before the deadline. At the end of the press release time, 8:50AM fell sharply at 13.75% to $25.35.

Fourth quarter Hanesbrands Inc. revenue declined in all sectors, underwear, sports, direct sales and international sales of four major sectors fell 5.9%, 1.3%, 8.9% and 16.8%, the company's core underwear and sports sector revenue decline attributed to the decline in the US mall traffic.

On Thursday, the Hanesbrands Inc. competitor, Victoria 's Secret Vitoria's Secret parent L Brands Inc. (NYSE:LB), also released an unexpected decline in January 2016 results, pointing out that the Victoria' s Secret, Vitoria's secret was moved from January to December, from January to December.

In the first four weeks of January 30th, 4% of the same store sales declined (less than market expectations increased by 3.3%), offset the growth of Bath & Body Works 2% (better than the market expected increase of 1.1%), so the group's same store sales fell by 2% annually, even if the impact of the big promotion change was only 1%, far from the 2.4% increase expected by the market.

Net sales rose 3.6%, up from $783 million 100 thousand in the previous year to $811 million 300 thousand.

Over the past two or three years, after spending more than the acquisition of Maidenform Inc., DBApparel and Knights Holdco Inc. of uniform manufacturers in the United States and Europe, the Hanesbrands Inc. revenue increased 7.6% to 5 billion 731 million 500 thousand US dollars in the 2015 fiscal year ended January 2, 2016, with a net profit of 428 million 900 thousand US dollars, or about a share.

$1.06, compared with $404 million 500 thousand in the same period last year and $0.99 in earnings per share, representing an increase of 6% and 7.1% respectively.

On Thursday, Hanesbrands Inc. (NYSE:HBI) fell 3.48% to $29.39.

Hanesbrands Inc. expects adjusted earnings per share to be 1.85-1.91 US dollars in the 2016 fiscal year, earning US $5 billion 800 million US $-59 billion. EPS is expected to meet the expectations of Zacks 1.90, while revenue is lower than Zacks 6 billion 30 million US dollars.