Hanesbrands Inc. (HBI)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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.
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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 $...
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.
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-...
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...
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 ...
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...
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 ...
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...