UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 23, 2010
Hanesbrands Inc.
(Exact name of registrant as specified in its charter)
| |
|
|
|
|
| Maryland
|
|
001-32891
|
|
20-3552316 |
(State or other jurisdiction
of incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer
Identification No.) |
| |
|
|
|
|
1000 East Hanes Mill Road
Winston-Salem, NC
(Address of principal
executive offices)
|
|
|
|
27105
(Zip Code) |
Registrant’s telephone number, including area code: (336) 519-8080
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
| |
|
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
| |
|
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
| |
|
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
| |
|
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01. Regulation FD Disclosure
On February 23, 2010, Hanesbrands Inc. (“Hanesbrands”) issued a press release highlighting its
expectations for 2010 sales growth of 5% to 8% and diluted earnings
per share (“EPS”) growth of 25% to 35% and announcing
long-term annual growth targets of 2% to 4% for net sales and 10% to 20% for EPS. A
copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit
99.1 is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934 (the “Exchange Act”), nor shall Exhibit 99.1 be deemed incorporated
by reference in any filing under the Securities Act of 1933 (the “Securities Act”) or the Exchange
Act, except as shall be expressly set forth by specific reference in such filing.
Exhibit 99.1
contains disclosures about free cash flow, EBITDA and EPS excluding actions, which are considered non-GAAP performance measures. Hanesbrands has chosen to
provide these disclosures to investors to enable them to perform additional analyses of past,
present and future operating performance and as a supplemental means of evaluating Hanesbrands’
operations. The non-GAAP information should not be considered a substitute for financial
information presented in accordance with GAAP, and may be different from non-GAAP or other pro
forma measures used by other companies.
Exhibit 99.1 to this Current Report on Form 8-K includes forward-looking financial information
that is expected to be discussed during the previously announced meeting with investors and
analysts to be held by Hanesbrands today, February 23, 2010. Hanesbrands will host a live Internet
webcast of this meeting from 9:00 a.m., Eastern time, to no later than noon today. The live
Internet broadcast may be accessed on the home page of the Hanesbrands corporate Web site,
www.hanesbrands.com. An archived replay of the meeting webcast and copies of the presentation
slides will be available in the investors section of the Hanesbrands corporate Web site.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99.1 Press release dated February 23, 2010