In the latest trading session, HanesBrands (HBI) closed at $7.26, marking a -0.14% move from the previous day.
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.
HBI's strategic transformation, consumer-centric approach and innovation indicate growth prospects. However, macroeconomic issues raise concerns.
LULU faces challenges with U.S. revenue growth amid inflation, a cautious consumer spending environment and a lack of newness in the women's category.
Investors need to pay close attention to Hanesbrands (HBI) stock based on the movements in the options market lately.
Small-cap stocks have underperformed the broad market for years but are poised to rebound soon. The FOMC has all but committed to its first interest rate cut since 2020, ushering in a new age for stocks.
Hanesbrands announced the sale of its Champion business earlier this summer for $1.2 billion, with a potential to increase to $1.5 billion. The second quarter earnings report showed some stability, although GAAP metrics were impacted in a huge manner because of the Champion deal. The pro forma business is expected to generate $3.6 billion in sales with potential earnings of around $0.65 per share, resulting in upside if the company can deliver.
Hanesbrands Inc. (NYSE:HBI ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants T.C. Robillard - VP of IR Stephen Bratspies - CEO Scott Lewis - CFO Conference Call Participants Jay Sole - UBS Ike Boruchow - Wells Fargo Brandon Cheatham - Citi David Swartz - Morningstar Tom Nikic - Wedbush Paul Kearney - Barclays William Reuter - Bank of America Operator Good day, and thank you for standing by.
Hanesbrands' (HBI) second-quarter 2024 earnings reflect lower sales amid challenges in the consumer and apparel market. Management lowers 2024 sales and earnings view.