Hanesbrands Inc. (HBI)

NYSE: HBI · Real-Time Price · USD
8.36
-0.10 (-1.18%)
Nov 21, 2024, 10:45 AM EST - Market open
-1.18%
Market Cap 2.95B
Revenue (ttm) 5.47B
Net Income (ttm) -229.61M
Shares Out 352.50M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE 15.33
Dividend n/a
Ex-Dividend Date n/a
Volume 950,695
Open 8.40
Previous Close 8.46
Day's Range 8.30 - 8.48
52-Week Range 3.58 - 8.70
Beta 1.58
Analysts Hold
Price Target 6.00 (-28.23%)
Earnings Date Nov 7, 2024

About HBI

Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International. It sells men’s underwear, women’s panties, children’s underwear, and socks, as well as intimate apparel comprising bras and shapewear; home goods; activewear apparel comprising T-shirts, fleece, performance apparel, sport shirts, performance T-s... [Read more]

IPO Date Sep 6, 2006
Employees 48,000
Stock Exchange NYSE
Ticker Symbol HBI
Full Company Profile

Financial Performance

In 2023, Hanesbrands's revenue was $5.64 billion, a decrease of -9.58% compared to the previous year's $6.23 billion. Losses were -$17.73 million, -86.06% less than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for HBI stock is "Hold." The 12-month stock price forecast is $6.0, which is a decrease of -28.23% from the latest price.

Price Target
$6.0
(-28.23% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Hanesbrands Has Already Priced In Projections, Leaving Little Margin For Error

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 c...

12 days ago - Seeking Alpha

Hanesbrands Inc. (HBI) Q3 2024 Earnings Call Transcript

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 O...

14 days ago - Seeking Alpha

HanesBrands Announces Third-Quarter 2024 Results

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 w...

14 days ago - Business Wire

Harley-Davidson and Champion Reignite Their Partnership with a Bold New Capsule Collection

The limited-edition line merges authentic athletic comfort and heritage-inspired moto style MILWAUKEE , Oct. 30, 2024 /PRNewswire/ -- Harley-Davidson® and Champion® join forces for a limited-edition c...

21 days ago - PRNewsWire

HanesBrands Provides Details for Third-Quarter 2024 Earnings Announcement and Investor Conference Call

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 c...

4 weeks ago - Business Wire

HanesBrands Completes Sale of Global Champion Business to Authentic Brands Group

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced that it has completed the sale of the intellectual property and certain op...

7 weeks ago - Business Wire

UBS Lifts Price Target on Hanesbrands, Says Company Is at 'Inflection Point'

Shares of Hanesbrands (HBI) gained Tuesday after UBS boosted its price target on the stock to $6.50 from $5 while maintaining a "neutral" rating.

3 months ago - Investopedia

My 3 Worst High-Yield Investments Ever

Investing in high-yielding stocks reduces the risk of misallocating capital compared to high-growth stocks. However, I have still made my fair share of mistakes. I share my lessons learned from the 3 ...

Other symbols: AQNNEP
3 months ago - Seeking Alpha

Hanesbrands: No Longer Standing Still After Q2 Earnings

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, al...

3 months ago - Seeking Alpha

Hanesbrands Inc. (HBI) Q2 2024 Earnings Call Transcript

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 Partici...

3 months ago - Seeking Alpha

HanesBrands Announces Second-Quarter 2024 Results

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the second-quarter 2024. “We delivered solid second-quarter re...

3 months ago - Business Wire

Bali, America's Number One National Bra Brand, Launches Bali Breathe, a New Era of Comfort and Elegance in Innerwear

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Bali, America's number one national bra brand*, is launching its airiest, most breathable collection yet, Bali Breathe. Bali is introducing a fresh look that comb...

4 months ago - Business Wire

HanesBrands Provides Details for Second-Quarter 2024 Earnings Announcement and Investor Conference Call

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI) today provided details for its second-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, August 8, 2024. Prior to the co...

4 months ago - Business Wire

HanesBrands Appoints Sharilyn Gasaway to Board of Directors

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that Sharilyn Gasaway has been appointed to the Company's board of directors. G...

4 months ago - Business Wire

What I Learned From My Most Painful Dividend Cuts

Dividend investing provides reliable cash flow and total returns without requiring superman-like growth or valuation multiple expansion. However, avoiding painful dividend cuts is crucial for successf...

Other symbols: AQNEPDNEMSCHDWPC
5 months ago - Seeking Alpha

HanesBrands Sells Champion Label To Authentic Brands Group for $1.2 Billion

Shares of HanesBrands (HBI) gained in intraday trading Wednesday after the clothing maker announced it was selling its Champion sports apparel label to Authentic Brands Group for at least $1.2 billion...

6 months ago - Investopedia

Hanesbrands to Sell Champion Brand for Up to $1.5 Billion

Clothing company to focus on its underwear brands, which include Hanes, Bonds, Maidenform and Bali.

6 months ago - WSJ

Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal

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 $...

6 months ago - CNBC

HanesBrands to sell sportswear business Champion to Authentic Brands in $1.2 bln deal

HanesBrands said on Wednesday it would sell its sportswear business Champion to Authentic Brands Group in a deal valued at $1.2 billion.

6 months ago - Reuters

Hanesbrands' stock jumps after deal to sell Champion for up to $1.5 billion

Shares of Hanesbrands Inc. HBI, -2.13% jumped 6.9% toward a two-month high in premarket trading Wednesday, after the underwear and t-shirts seller announced an agreement to sell its Champion athletic-...

6 months ago - Market Watch

HanesBrands Signs Agreement to Sell Global Champion Business to Authentic Brands Group

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that it has entered into a definitive agreement to sell the intellectual proper...

6 months ago - Business Wire

Hanesbrands Is Not An Opportunity After Rumours Of $1 Billion Price For Champion

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 ...

6 months ago - Seeking Alpha

Champion® Athleticwear, Inventor of the Hoodie, Unveils New Innovative Weighted Hoodie Prototype to Champion Mental Health

WINSTON SALEM, N.C.--(BUSINESS WIRE)--Today, Champion®, makers of authentic athletic apparel since 1919, revealed its newest product innovation prototype designed to champion mental health: the Champi...

6 months ago - Business Wire

HanesBrands and TCU Extend Long-Term Apparel Partnership

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE:HBI), the world's largest supplier of collegiate fan apparel, announces a five-year extension of its current partnership with TCU, renewing the ...

6 months ago - Business Wire

Hanesbrands Inc. (HBI) Q1 2024 Earnings Call Transcript

Hanesbrands Inc. (NYSE:HBI) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants T.C. Robillard - Vice President of Investor Relations Stephen Bratspies - Chief Executive Offi...

7 months ago - Seeking Alpha