09:51 AM EDT, 08/07/2025 (MT Newswires) -- Hanesbrands ( HBI ) shares were up 20% early Thursday after the company reported improved fiscal Q2 results that beat expectations and raised its full-year outlook.

The company reported Q2 adjusted earnings from continuing operations of $0.24 per diluted share, up from $0.15 a year earlier.

Analysts polled by FactSet expected $0.18.

Net sales for the quarter ended June 28 were $991.3 million, up from $973.9 million a year earlier.

Analysts surveyed by FactSet expected $968.2 million.

For fiscal Q3, the company said it expects adjusted EPS from continuing operations of about $0.16 on net sales of about $900 million. Analysts polled by FactSet expect $0.14 on $891.8 million in sales.

For 2025, the company raised its adjusted EPS guidance from continuing operations of $0.66 from its prior outlook of $0.51 to $0.55. Analysts surveyed by FactSet expect $0.54.

Net sales for the fiscal year are expected to be about $3.53 billion compared with the previous outlook of $3.47 billion to $3.52 billion. Analysts polled by FactSet expect $3.48 billion.