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HANES Brands Inc HanesBrands Announces Strong Third - Quarter 2021 Results November 4 , 2021 Company executing Full Potential growth plan ; delivers strong revenue growth with operating profit and EPS exceeding guidance • Net sales from continuing operations of $ 1.79 billion , up 6 % over prior year , up 18 % excluding PPE , driven by strong consumer demand globally • Net sales from continuing operations up 11 % over third - quarter 2019 • GAAP EPS from continuing operations of $ 0.50 ; adjusted EPS from continuing operations of $ 0.53 • Global Champion brand sales increase more than 33 % over prior year and 20 % over third - quarter 2019 • U.S. Innerwear sales increase 12 % over prior year , excluding PPE , and 25 % over third - quarter 2019 • Company effectively managing macro - environment headwinds from inflation and transportation delays • Reiterates Q4 net sales and adjusted operating profit guidance , driven by consumer demand and strong inventory position • Full Potential investments help fuel growth ; Company remains confident in long - term growth strategy outlined in May • For reconciliations of select GAAP and Non - GAAP measures , see Table 6 of this release WINSTON - SALEM , N.C .-- ( BUSINESS WIRE ) -- Nov . 4 , 2021-- HanesBrands Inc. ( NYSE : HBI ) , a global leader in iconic apparel brands , today announced results for the third quarter of 2021 , with increased sales , operating profit , earnings per share and operating cash flow driven by strong point - of - sale performance and market share gains in its innerwear and activewear businesses . " I want to thank our associates for delivering strong results in the quarter , particularly our manufacturing team , which has put us in position to meet consumer demand , " said Chief Executive Officer Steve Bratspies . " We are maintaining our fourth - quarter outlook for net sales and adjusted operating profit , driven by continued demand for our brands , our strong inventory position and our global team's proven ability to manage ongoing macro challenges . " We continue to make progress on our Full Potential plan as we invest in our iconic brands , build talent , enhance e - commerce capabilities and modernize our technology . We're excited by the early results from Full Potential and are confident we can deliver the long - term plan we announced in May . " Highlights from the quarter , as compared to 2019 , include : • Strong revenue and profit performance that was in - line with or exceeded the high - end of the Company's increased guidance ranges despite the unexpected lockdown in Australia that forced the closure of two - thirds of its stores for nearly the entire quarter . Stores in Australia are re - opening as the lockdowns are lifted . • Global Champion brand sales increased 20 % with balanced growth between the U.S. and International . Performance was driven by strong consumer demand across channels in the U.S. , continued growth in Europe and the ramp - up of partners in China . • U.S. Innerwear sales increased 25 % due to the combination of strong consumer demand across the Company's brand portfolio , which drove point - of - sale growth and increased market share gains , as well as the impact from pent - up consumer demand that is fueling category growth rates above historical levels . Performance in the quarter was driven by momentum in shapewear and innovation in bras and men's underwear . • Consistent with the Company's Full Potential plan to build its iconic brands , global media and marketing investment increased $ 25 million , helping drive higher point - of - sale trends and increased market share . These investments have improved Champion's global brand awareness and consideration of the Company's U.S. brands . • Full Potential plan improvements in core e - commerce capabilities delivered higher conversion rates and average order values . Total online sales grew 62 % , uding 50 % growth on Company - owned websites . The strong online per ince , both domestic and international , was driven by consumer demand for the Company's brands across its owned websites , pure - plays and retailer - owned websites . Third - Quarter 2021 Results Net sales from continuing operations for the third quarter ended October 2 , 2021 totaled $ 1.79 billion , an increase of $ 98 million , or 6 % , including 33 % growth in Champion brand sales globally . This compared with $ 1.69 billion for the quarter ended September 26 , 2020 , which included $ 179 million in sales of personal protective equipment ( " PPE " ) in response to the COVID - 19 pandemic . Excluding PPE , net sales increased $ 276 million , or 18 % , over prior year . The year - over - year growth was driven by strong consumer demand and point - of - sale trends in the U.S. , Europe , Americas and certain Asia markets , including China , which more than offset headwinds from the extended government COVID - related lockdowns in Australia and Japan . Total constant currency third - quarter net sales increased 5 % . Due to the significant impact of the pandemic on prior year results , this release includes certain comparisons to the comparable 2019 periods for additional context . All 2019 results are rebased to reflect the European Innerwear business as discontinued operations as well as the exit of the C9