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Price
$8.84Last Dividend
$0.15Annual ROE
-4.34%Beta
1.46Events Calendar
Next earnings date:
Feb 14, 2025Recent quarterly earnings:
Nov 07, 2024Recent annual earnings:
Feb 15, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Nov 21, 2022Next split:
N/ARecent split:
Mar 04, 2015Analyst ratings
Recent major analysts updates
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Hanesbrands Inc.'s Q3 2024 results showed flat organic revenue and margin improvement, driven by lower product costs, but SG&A expenses increased due to marketing and talent investments. The company completed the Champion divestment and repaid $870 million in debt, focusing on higher-yielding Term Loan B, boosting the stock by 18%. Despite potential Q4 growth from promotions and new distribution points, long-term margin targets (15%) are uncertain given Hanesbrands' historical performance.
Hanesbrands Inc. (NYSE:HBI ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants T.C. Robillard - Vice President of Investor Relations Steve Bratspies - Chief Executive Officer Scott Lewis - Chief Financial Officer Conference Call Participants Brandon Cheatham - Citi David Swartz - Morningstar Paul Kearney - Barclays Capital Rob Rigby - Bank of America Operator Good day, and thank you for standing by.
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the third-quarter 2024. “We delivered another strong quarter with operating profit, earnings per share, and cash flow results that exceeded our expectations. In addition, we have further reduced our leverage, expect a return to revenue growth in the fourth quarter, and raised our full-year outlook for profit and cash flow,” said Steve Bratspies, CEO. “Our str.
HBI's strategic transformation and consumer-centric innovation position it well for strong Q3 earnings despite macroeconomic challenges.
In the latest trading session, HanesBrands (HBI) closed at $7.26, marking a -0.14% move from the previous day.
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI) today provided details for its third-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, November 7, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended September 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIa347ba7.
In the latest trading session, HanesBrands (HBI) closed at $7.08, marking a -1.39% move from the previous day.
HanesBrands (HBI) concluded the recent trading session at $7.34, signifying a -0.68% move from its prior day's close.
HBI's strategic transformation, consumer-centric approach and innovation suggest strong growth potential. However, macroeconomic challenges raise concerns.
HBI sells Champion business to Authentic Brands Group to streamline operations and reduce debt.
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