WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Jun. 15, 2015--
HanesBrands (NYSE: HBI) today announced that the company has made the
Fortune 500 list of America’s largest companies for the first time.
Hanes, a leading global marketer of everyday basic innerwear and
activewear apparel under world-class brands, is one of just five apparel
companies on the Fortune 500.
Hanes ranks No. 490 on the list of largest American public companies by
revenue published in the Fortune magazine issue dated June 15, 2015, and
available on newsstands. Hanes made the list after posting record sales
of $5.32 billion in 2014, up 15 percent over the company’s previous
record for sales in 2013.
“We’re proud of our continuing growth success that has allowed us to
make the Fortune 500 in the same year that we joined the S&P 500,” Hanes
Chairman and Chief Executive Officer Richard A. Noll said. “The
recognitions reflect the success of our Innovate-to-Elevate, global
supply chain and acquisition strategies and the smart use of free cash
flow to create value.”
In March, S&P Dow Jones Indices added Hanes to the S&P 500 stock market
index designed to reflect the U.S. economy through leading large-cap
companies in leading industries.
By several measures, Hanes ranks higher than its revenue ranking
compared with Fortune 500 companies in 2014. Highlights include:
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For 2014, Hanes’ 61 percent total return to shareholders ranked No. 17
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For the past five years, Hanes’ 36.5 percent rate of annual total
return to shareholders ranked No. 20
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Hanes ranked No. 341 for profit
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Hanes ranked No. 211 for profit as a percentage of sales
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Hanes profit growth of 22.4 percent exceeded the Fortune 500 median of
9.9 percent
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Hanes sales growth of 15.1 percent exceeded the Fortune 500 median of
4.3 percent.
HanesBrands, based in Winston-Salem, N.C., is a socially responsible
leading marketer of everyday basic innerwear and activewear apparel in
the Americas, Europe and Asia under some of the world’s strongest
apparel brands, including Hanes, Champion, Playtex, DIM,
Bali, Maidenform, Flexees, JMS/Just My Size, Wonderbra,
Nur Die/Nur Der, Lovable and Gear for Sports. The company
sells T-shirts, bras, panties, shapewear, men’s underwear, children’s
underwear, socks, hosiery, and activewear produced in the company’s
low-cost global supply chain. A member of the S&P 500 stock index, Hanes
has approximately 59,500 employees in more than 35 countries and is
ranked No. 490 on the Fortune 500 list of America’s largest companies by
sales. Hanes takes pride in its strong reputation for ethical business
practices. The company is the only apparel producer to ever be honored
for its workplace practices in Central America and the Caribbean by the
Great Place to Work Institute. From 2012 through 2015, Hanes has been a
U.S. Environmental Protection Agency Energy Star Sustained Excellence
Award winner and was a Partner of the Year award winner in 2010 and 2011
– the only apparel company to earn these honors. The company has been
ranked on Newsweek magazine’s list of Top 500 greenest U.S. companies.
More information about the company and its corporate social
responsibility initiatives, including environmental, social compliance
and community improvement achievements, may be found at www.Hanes.com/corporate.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150615006338/en/
Source: HanesBrands
HanesBrands
News Media, Matt Hall, 336-519-3386
or
Analysts
and Investors, T.C. Robillard, 336-519-2115