HanesBrands Reaffirms 2012 Guidance in Conjunction with Presentation at Goldman Sachs Global Retailing Conference
HanesBrands announced this week that it is reaffirming its 2012 earnings, sales and financial guidance in conjunction with investor meetings and management presentations at upcoming investor conferences.
Hanes has reaffirmed its full-year guidance for continuing operations of $2.50 to $2.60 of earnings per diluted share, net sales of $4.52 billion to $4.57 billion, and free cash flow of $400 million to $500 million. The company's guidance is consistent with preliminary retail performance for the back-to-school selling period and retailer inventory levels.
Next week, Hanes management will meet with investors and make a presentation on Wednesday, Sept. 12, at the CL King Best Ideas Conference in New York City. The presentation will be webcast live from 10:40 to 11:15 a.m. and will be accessible through the Hanes corporate website.
For more information, visit www.hanesbrands.com.