Category Archives: Consumer Goods

Hanesbrands debt reduced from 3.3 to 2.9 times EBITDA and share repurchase of $200M planned in early 2020, but shares remain undervalued

Record net cash from operations of $803 million for full year. Guidance for 2020 is $700-800M. Expectation of $200 million in share repurchases early in 2020. Debt repayments greater than $600 million in 2019 and year-end inventory 7% lower. Net debt reduced from 3.3 to 2.9 times adjusted EBITDA. Shares seems undervalued given low multiples, …

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