Profile
Sector:
Consumer CyclicalIndustry:
Apparel ManufacturingCountry:
United StatesIPO:
06 September 2006Website:
http://www.hanes.comNext earnings report:
09 August 2024Last dividends:
21 November 2022Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:51:27 GMTAnalysts recommendations
Institutional Ownership
HBI Latest News
HanesBrands (HBI) has achieved success by enhancing its operating and financial models, with a focus on brand building, data analytics and inventory management.
HanesBrands (HBI) reachead $4.84 at the closing of the latest trading day, reflecting a +0.41% change compared to its last close.
HanesBrands (HBI) gains from a focus on enhancing operating and financial models. HanesBrands' reignite Innerwear strategy also continues to gain traction.
Here is how HanesBrands (HBI) and Caleres Inc. (CAL) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The latest trading day saw HanesBrands (HBI) settling at $4.99, representing a +1.01% change from its previous close.
Hanesbrands (HBI) focuses on accelerating growth. The company has inked a deal to offload the global Champion business to Authentic Brands Group.
Hanesbrands said Wednesday it signed a deal to sell its Champion brand to Authentic Brands Group. The deal could reach up to $1.5 billion through an additional cash contingent consideration of up to $300 million if performance thresholds are met.
Hanesbrands reports a recovery in profitability but faces revenue challenges in all segments, particularly with Champion brand. The company reaffirms its FY24 guidance but does not provide updates on the potential sale of Champion. The valuation of Hanesbrands suggests that the stock is still a Hold, with excessive multiples and challenges in the apparel industry.
At Zacks, we prioritize the tried-and-true Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong selections.
What type of business is Hanesbrands?
Hanesbrands Inc. is one of the leading companies in the sale of underwear and activewear, based in Winston-Salem, North Carolina. Founded in 1901, Hanesbrands owns several clothing brands, including Hanes, Champion, Playtex, Bali, L'eggs, Just My, and others. The company operates in several directions, such as manufacturing and selling underwear and sportswear items, as well as developing the brand in the global market. Clothing items, such as men's and women's underwear, children's underwear, socks, and other products are sold in the USA under well-known brands. Sportswear includes items for active leisure, such as t-shirts, fleece, sport shirts, and thermal underwear.
What sector is Hanesbrands in?
Hanesbrands is in the Consumer Cyclical sector
What industry is Hanesbrands in?
Hanesbrands is in the Apparel Manufacturing industry
What country is Hanesbrands from?
Hanesbrands is headquartered in United States
When did Hanesbrands go public?
Hanesbrands initial public offering (IPO) was on 06 September 2006
What is Hanesbrands website?
https://www.hanes.com
Is Hanesbrands in the S&P 500?
No, Hanesbrands is not included in the S&P 500 index
Is Hanesbrands in the NASDAQ 100?
No, Hanesbrands is not included in the NASDAQ 100 index
Is Hanesbrands in the Dow Jones?
No, Hanesbrands is not included in the Dow Jones index
When does Hanesbrands report earnings?
The next expected earnings date for Hanesbrands is 09 August 2024