Hanesbrands Inc. (HBI)

NYSE: HBI · IEX Real-Time Price · USD
3.96
+0.36 (10.00%)
At close: Sep 29, 2023, 4:00 PM
3.93
-0.03 (-0.76%)
After-hours: Sep 29, 2023, 7:59 PM EDT
10%
Market Cap 1.39B
Revenue (ttm) 5.97B
Net Income (ttm) -394.88M
Shares Out 349.89M
EPS (ttm) -1.12
PE Ratio n/a
Forward PE 8.03
Dividend $0.15 (3.79%)
Ex-Dividend Date Nov 21, 2022
Volume 14,603,885
Open 3.68
Previous Close 3.60
Day's Range 3.67 - 3.99
52-Week Range 3.54 - 8.80
Beta 1.65
Analysts Hold
Price Target 5.33 (+34.6%)
Earnings Date Nov 8, 2023

About HBI

Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children. The company operates through three segments: Innerwear, Activewear, and International. It sells men's underwear, women's panties, children's underwear and socks, and activewear, as well as intimate apparel, such as bras and shapewears; home goods; and T-shirts, fleece, performance apparel, sport shirts, performance T-shirts and shorts, sports bras, teamwear, and thermals, as well as licensed logo apparel i... [Read more]

IPO Date Sep 6, 2006
Employees 50,000
Stock Exchange NYSE
Ticker Symbol HBI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for HBI stock is "Hold." The 12-month stock price forecast is $5.33, which is an increase of 34.60% from the latest price.

Price Target
$5.33
(34.60% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Is Hanes Worth More than the Sum of Its Parts?

Global apparel maker Hanesbrands Inc. NYSE: HBI shares have been in a cascading fall, shedding 37.7% year-to-date (YTD). The company owns many innerwear and athleisure brands, including Hanes, Champio...

4 days ago - MarketBeat

Barington Capital Comments on Hanesbrands' Review of Strategic Options for Global Champion Business

NEW YORK--(BUSINESS WIRE)--Barington Capital Group L.P. and its affiliates (“Barington”), a fundamental, value-oriented activist investor which is a shareholder of Hanesbrands Inc. (NYSE: HBI) (“Hanes...

10 days ago - Business Wire

Hanesbrands stock surges, as potential sale of Champion business is being considered

Shares of Hanesbrands Inc. HBI, -3.67% jumped 2.2% in premarket trading Tuesday, after the clothes and underwear seller said it is considering a broad range of alternatives for its Champion athletic-a...

11 days ago - Market Watch

HanesBrands Announces Evaluation of Strategic Options for Global Champion Business

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today announced that its Board of Directors and executive leadership team, with the assistance of financial and legal advisors, are undert...

11 days ago - Business Wire

HanesBrands and G-III Apparel Group Announce Licensing Agreement for Champion and C9 Champion Outerwear

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands, a global leader in iconic apparel brands, and G-III Apparel Group, Ltd., a global leader in fashion, today announced they have entered into a strateg...

Other symbols: GIII
23 days ago - Business Wire

HanesBrands and Florida State University Extend Long-Term Apparel Partnership

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--As college football kicks off, HanesBrands (NYSE:HBI) and Florida State University announced they have signed a multiyear extension of their current apparel partn...

24 days ago - Business Wire

HanesBrands and Texas A&M University Sign Exclusive Primary Apparel Deal

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (HBI), the world's largest supplier of collegiate fan apparel, and Texas A&M University signed an exclusive, long-term primary apparel partnership tha...

5 weeks ago - Business Wire

Trending stocks August 10, 2023: Yeti, Sonos, and Hanesbrands

Yahoo Finance anchors Brad Smith and Julie Hyman break down the latest market action following July's inflation data, plus the latest on today's trending stocks including Yeti, Sonos, and Hanesbrands.

Other symbols: SONOYETI
7 weeks ago - Yahoo Finance

HanesBrands Announces Second-Quarter 2023 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 2023. “We reported second-quarter results i...

7 weeks ago - Business Wire

Hanesbrands faces pressure from activist Barington Capital Group, which wants to see costs and debt cut

Activist investment firm Barington Capital Group wants to Hanesbrands to reduce its debt and lower costs amid soft sales and shrinking margins.

7 weeks ago - CNBC

Hanesbrands responds to activist investor's call for change, reiterates commitment to boosting shareholder value

Hanesbrands Inc. HBI, -2.25% responded to activist investor Barington Capital's urging for change, by reiterating its priority to deliver “sustainable value creation for shareholders.” Barington said ...

7 weeks ago - Market Watch

HanesBrands Reiterates Commitment to Shareholder Value Creation

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today issued the following statement in response to a letter issued by Barington Capital: The HanesBrands Board of Directors and managemen...

7 weeks ago - Business Wire

Hanesbrands stock jumps toward a 5-month high after WSJ report of activist investor pushing for change

Shares of Hanesbrands Inc. HBI, -2.25% jumped 5.6% toward a five-month high in premarket trading Tuesday, after the The Wall Street Journal reported that activist investor Barington Capital is pushing...

7 weeks ago - Market Watch

Barington Capital Sends Letter Calling for Change at Hanesbrands

NEW YORK--(BUSINESS WIRE)--Barington Capital Group L.P. and its affiliates (“Barington”), a fundamental, value-oriented activist investor which is a shareholder of Hanesbrands Inc. (NYSE: HBI) (“Hanes...

7 weeks ago - Business Wire

Hanesbrands Draws Activist Investor Seeking to Shake Up Underwear Maker

Barington Capital is pushing the company to find new directors, and possibly a new CEO.

7 weeks ago - WSJ

HanesBrands Provides Details for Second-Quarter 2023 Earnings Announcement and Investor Conference Call

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today provided details for its second-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, August 10, 2023. Prior to the confer...

2 months ago - Business Wire

HanesBrands Names Scott Lewis Chief Financial Officer

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a leading global marketer of branded everyday apparel, today announced that Interim Chief Financial Officer Scott Lewis has been appointe...

2 months ago - Business Wire

HanesBrands Inks Primary Apparel Partnership Deal with the University of Minnesota

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (HBI), a global leader in iconic apparel brands, today announced a new primary apparel partnership with the University of Minnesota. The 10-year strat...

4 months ago - Business Wire

Penn State Extends Long-Term Apparel Partnership with HanesBrands

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (HBI) and Penn State today announced a multi-year extension of their current apparel partnership that gives HBI exclusive rights in the mass retail ch...

4 months ago - Business Wire

HanesBrands Announces First-Quarter 2023 Results

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the first-quarter 2023. “We delivered first-quarter results in...

5 months ago - Business Wire

HanesBrands Makes Significant Progress Toward its 2025 and 2030 Global Sustainability Goals

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc., a global leader in iconic apparel brands and sustainability, released its 2022 Sustainability Summary Report, highlighting significant accomplis...

5 months ago - Business Wire

HanesBrands Provides Details for First-Quarter 2023 Earnings Announcement and Investor Conference Call

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today provided details for its first-quarter 2023 investor conference call at 8:30 a.m. ET Wednesday, May 3, 2023. Prior to the conference...

5 months ago - Business Wire

HanesBrands Awarded U.S. EPA Energy Star Award for Environmental Stewardship for 14th Consecutive Year

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands is proud to announce it has earned the Energy Star Partner of the Year Award for Sustained Excellence in Energy Management from the U.S. Environmental...

6 months ago - Business Wire

HanesBrands Names Lorenzo Moretti President of Champion Europe

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that Lorenzo Moretti has been named president of Champion Europe. In this role,...

7 months ago - Business Wire

HanesBrands Completes Refinancing of 2024 Maturities; Closes $900 Million Term Loan B Financing

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced the completion of the refinancing of the last remaining series of its 2024 Note...

7 months ago - Business Wire