The Oct. 17, 2008 liquidation disclosure by Mervyn’s LLC and its affiliated entities will be included in Hanesbrands Inc.’s third quarter results as a material subsequent event. The company said it intends to report full third quarter results at the end of trading on the New York Stock Exchange on Oct. 29, 2008.

With the subsequent-event impact, Hanesbrands now expects pretax charges related to the Mervyn’s bankruptcy to be $5.5 million, or 4 cents per diluted share after tax, for the quarter ended Sept. 27, 2008.

 

Excluding actions and the impact of the Mervyn’s bankruptcy, Hanesbrands anticipates reporting non-GAAP earnings per diluted share of 56 cents, up 8 cents from the third quarter a year ago. On a GAAP basis, Hanesbrands expects to report diluted EPS of 17 cents (which includes 35 cents of restructuring and related charges and 4 cents for the Mervyn’s bankruptcy).