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): April 20, 2011
Hanesbrands Inc.
(Exact name of registrant as specified in its charter)
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Maryland
(State or other jurisdiction of incorporation)
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001-32891
(Commission File Number)
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20-3552316
(IRS Employer Identification No.) |
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1000 East Hanes Mill Road
Winston-Salem, NC
(Address of principal executive offices)
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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 2.02. Results of Operations and Financial Condition
On
April 20, 2011, Hanesbrands Inc. (“HanesBrands”) issued a press release announcing its
financial results for the first quarter ended April 2, 2011. 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 EBITDA, debt-to-EBITDA leverage
ratio, and free cash flow, which are not generally accepted accounting principle (“GAAP”) measures. EBITDA is
earnings before interest, taxes, depreciation and amortization. The leverage ratio is calculated by
dividing total debt by EBITDA. Free cash flow is
defined as net cash provided by operating activities less net capital expenditures. HanesBrands has chosen to provide these measures to investors to
enable additional analyses of past, present and future operating performance and as a supplemental
means of evaluating HanesBrands’ operations. This 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.
Item 7.01. Regulation FD Disclosure
Exhibit 99.1 to this Current Report on Form 8-K includes forward-looking financial information
that is expected to be discussed on our previously announced conference call with investors and
analysts to be held at 8:30 a.m., Eastern time, today (April 20, 2011). The call may be accessed
on the home page of the HanesBrands corporate website, www.hanesbrands.com. Replays of the call
will be available in the investors section of the HanesBrands corporate website and via telephone.
The telephone playback will be available from approximately noon, Eastern time, on April 20, 2011,
until midnight, Eastern time, on April 27, 2011. The replay will be available by calling toll-free
(800) 642-1687, or by toll call at (706) 645-9291. The replay pass code is 59604798. Exhibit 99.1
is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Exchange
Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the
Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits
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(d)
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Exhibits |
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Exhibit 99.1
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Press release dated April 20, 2011 |