WASHINGTON (dpa-AFX) - HanesBrands (HBI) reported fourth-quarter net income of $89.44 million or $0.88 per share, compared to $32.27 million or $0.32 per share, prior year. Adjusted earnings per share was $1.46, for the quarter.
On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $1.43 for the quarter. Analysts' estimates typically exclude special items.
Net sales increased to $1.52 billion from $1.29 billion last year. Analysts expected revenue of $1.56 billion for the quarter.
For 2015, Hanes expects net sales of approximately $5.775 billion to $5.825 billion; pre-split adjusted EPS excluding actions of $6.30 to $6.50. On a post-split basis, adjusted EPS excluding actions is expected to be $1.58 to $1.63. Analysts expect the company to report 2015 earnings per share of $6.42.
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