Hanesbrands (NYSE: HBI) stock is soaring 23.50% in pre-market trading on Thursday following the company's impressive second-quarter 2025 financial results and an upgraded full-year guidance. The apparel manufacturer's performance significantly surpassed analysts' expectations, igniting strong investor enthusiasm.
For the second quarter, Hanesbrands reported sales of $991.325 million, beating the analyst consensus estimate of $970 million. The company's adjusted earnings per share (EPS) came in at $0.24, substantially outperforming the expected $0.18 and marking a 60% increase from the same period last year. This robust performance was underpinned by a strong gross margin of 41.6% and an adjusted operating margin of 15.5%.
Adding to the positive sentiment, Hanesbrands raised its full-year 2025 outlook. The company now anticipates net sales from continuing operations of approximately $3.53 billion and adjusted earnings per share of about $0.66, up from previous estimates. For the third quarter, Hanesbrands projects net sales of around $900 million and adjusted EPS of approximately $0.16. This improved guidance, coupled with the strong Q2 results, has fueled investor optimism about the company's growth trajectory and profitability for the remainder of the year.