Alexander Douglas's questions to HanesBrands Inc (HBI) leadership • Q2 2025
Question
Alexander Douglas from Stifel Financial Corp. asked for insights into the expected cadence of tariff impacts through 2025 and 2026 and sought confirmation on the timing of their effect.
Answer
CEO Stephen Bratspies explained that due to inventory flow, the cost impact from tariffs is not expected until Q4. He expressed high confidence in the company's ability to fully mitigate these costs through a combination of factors, including the significant US content in their products, a balanced East-West supply chain, proactive cost reduction actions, and surgical pricing strategies, all of which are incorporated into the current guidance.