Hanesbrands Inc.
hanes.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2025 10-Q, filed Nov 6, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Feb 12, 2026.
10-Q for Q3 FY2025, filed Nov 6, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Sells branded basics and innerwear, including underwear, bras and shapewear, to retailers and consumers in the United States and internationally.
10-K for FY2024, filed Feb 14, 2025We design, manufacture, source and sell a broad range of basics and innerwear apparel, such as T-shirts, bras, panties, shapewear…View ↗
Our U.S. segment includes core apparel products, such as men’s underwear, women’s panties, children’s underwear and socks as well as…View ↗
Our International segment includes innerwear and home goods products, sold outside of the United States, that are primarily marketed under…View ↗
Customers and Distribution ChannelsView ↗
How Did They Make Money?
Retailers pay for branded apparel when it ships or is delivered, while consumers buy through company-operated stores and websites. The company also earns royalties from licensed brands based on licensees’ reported sales.
10-K for FY2024, filed Feb 14, 2025The Company recognizes revenue when obligations under the terms of a contract with a customer are satisfied, which occurs at a point in…View ↗
Wholesale revenue is primarily generated by sales of the Company’s products to retailers to support their brick-and-mortar operations and…View ↗
Owned brick-and-mortar retail stores and website revenue is generated through sales driven directly by the consumer through…View ↗
$3.5B
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10-K for FY2024, filed Feb 14, 2025
$3.5B ↗
Who Were Their Customers?
Retailers, including mass merchants and online sellers, carry Hanesbrands products in their stores and websites; consumers can also buy through the company’s own stores and websites.
10-K for FY2024, filed Feb 14, 2025Customers and Distribution ChannelsView ↗
Sales to mass merchants in the United States accounted for approximately 38% of our total net sales in 2024 and included all of our product…View ↗
Sales to pure play e-commerce customers in the United States accounted for approximately 13% of our total net sales in 2024. We sell…View ↗
Owned brick-and-mortar retail stores and website revenue is generated through sales driven directly by the consumer through…View ↗
10-K for FY2024, filed Feb 14, 2025
Our products are broadly distributed through our wholesale customers’ stores and websites, as well as through our own stores and websites.…View ↗
Did Revenues Turn Into Profits?
Not on paper. It lost $320.4M in FY2024, but brought in more cash than it spent: $226.4M of free cash flow.
10-K for FY2024, filed Feb 14, 2025
$185.9MView ↗
10-K for FY2024, filed Feb 14, 2025
−$320.4MView ↗
10-K for FY2024, filed Feb 14, 2025
$226.4MView ↗
How Were They Changing?
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Dec 1, 2025
Gildan completed its acquisition of Hanesbrands
Hanesbrands shareholders received Gildan shares and cash under the merger terms.
Sources
8-K, filed Dec 1, 2025
In connection with the consummation of the Transactions, on the Closing Date, Hanesbrands repaid all of the outstanding obligations in…View ↗
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Aug 13, 2025
Hanesbrands agreed to be acquired by Gildan
After closing, Gildan plans to review Hanesbrands’ Australia business; a sale is one possible option.
Sources
8-K, filed Aug 13, 2025
On August 13, 2025, HanesBrands Inc., a Maryland corporation (the “Company” or “HanesBrands”), entered into an Agreement and Plan of Merger…View ↗
Champion and activewear
The older report includes Champion among its brands and describes a separate Activewear segment; the latest report says the global Champion business was sold and the segment eliminated.
10-K for FY2021, filed Feb 16, 2022 10-K for FY2024, filed Feb 14, 2025
European Innerwear exit
The older report described operations in Europe and a planned exit of European Innerwear; the latest report says that business was sold.
10-K for FY2021, filed Feb 16, 2022 10-K for FY2024, filed Feb 14, 2025On March 5, 2022, we completed the sale of our European Innerwear business to an affiliate of Regent, L.P. and on September 29, 2023, we…View ↗
Who Did They Compete With?
Competes with Fruit of the Loom, Victoria’s Secret, and Jockey International
10-K for FY2024, filed Feb 14, 2025The basic apparel market is highly competitive and rapidly evolving. Competition generally is based upon brand, comfort, fit, style and…View ↗
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