Hanesbrands Inc. (HBI)

NYSE: HBI · IEX Real-Time Price · USD
4.595
+0.125 (2.80%)
Apr 26, 2024, 10:15 AM EDT - Market open
2.80%
Market Cap 1.61B
Revenue (ttm) 5.64B
Net Income (ttm) -17.73M
Shares Out 351.56M
EPS (ttm) -0.05
PE Ratio n/a
Forward PE 10.55
Dividend n/a
Ex-Dividend Date n/a
Volume 731,279
Open 4.460
Previous Close 4.470
Day's Range 4.460 - 4.600
52-Week Range 3.540 - 5.860
Beta 1.59
Analysts Hold
Price Target 5.00 (+8.81%)
Earnings Date May 10, 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 4 analysts, the average rating for HBI stock is "Hold." The 12-month stock price forecast is $5.0, which is an increase of 8.81% from the latest price.

Price Target
$5.0
(8.81% upside)
Analyst Consensus: Hold
Stock Forecasts

News

HanesBrands Announces Substantial Progress Toward Reaching Sustainability Goals Around People, Planet and Product

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc., a global leader in iconic apparel brands, announces progress toward sustainability goals in its 2023 Sustainability Summary Report. The report h...

4 days ago - Business Wire

HanesBrands and Duke University Extend Long-term Apparel Partnership

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE:HBI), the world's largest supplier of collegiate fan apparel, is pleased to announce a five-year extension of its current apparel partnership wi...

17 days ago - Business Wire

HanesBrands and the University of Mississippi Extend Long-Term Apparel Partnership

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE:HBI), the world's largest supplier of collegiate fan apparel, and the University of Mississippi (“Ole Miss”) announced they have signed a three ...

6 weeks ago - Business Wire

HanesBrands Earns Top Scores from CDP Maintaining Leader Status Among Industry Peers

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (HBI), a global leader in iconic apparel brands, has been recognized for the second consecutive year with an A- score on the global CDP annual sustain...

2 months ago - Business Wire

HanesBrands Announces Fourth-Quarter and Full-Year 2023 Results

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for fourth-quarter and full-year 2023. “Our fourth quarter perform...

2 months ago - Business Wire

MARS RELEASES STAR-STUDDED M&M'S® "ALMOST CHAMPIONS" SUPER BOWL LVIII AD FEATURING SCARLETT JOHANSSON CAMEO

Iconic Mars Brand Drops Exclusive Apparel Collection with Champion® Athleticwear to Bring Comfort to Fans Who Need It Most After The Big Game NEWARK, N.J. , Feb. 6, 2024 /PRNewswire/ -- Today, M&M'S®,...

2 months ago - PRNewsWire

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

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today provided details for its fourth-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, February 15, 2024. Prior to the conf...

3 months ago - Business Wire

HanesBrands and the Georgia Institute of Technology Extend Long-Term Apparel Partnership

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE:HBI), the world's largest supplier of collegiate fan apparel, and the Georgia Institute of Technology (Georgia Tech), announced they have signed...

3 months ago - Business Wire

HanesBrands Appoints William S. Simon Chairman of the Board of Directors

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today announced that its Board of Directors (the “Board”) has appointed William S. Simon to serve as Chairman of the Board, effective Dece...

4 months ago - Business Wire

HanesBrands Names Richard Mcleod Vice President, Chief Marketing Officer of Global Champion®

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that Richard Mcleod has been named vice president, chief marketing officer of g...

5 months ago - Business Wire

HanesBrands Expands Workplace Transformation with DXC Technology

DXC Technology to empower HanesBrands' global workforce with Modern Workplace solutions ASHBURN, Va. , Nov. 21, 2023 /PRNewswire/ - DXC Technology  (NYSE: DXC), a leading Fortune 500 global technology...

Other symbols: DXC
5 months ago - PRNewsWire

HanesBrands Appoints Three New Independent Directors

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today announced that its Board of Directors (the “Board”) has appointed Colin Browne, Natasha Chand and John Mehas as independent director...

5 months ago - Business Wire

HanesBrands Announces Third-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 third-quarter 2023. “We've continued to drive improvement ...

6 months ago - Business Wire

Hanesbrands is shopping Champion — and WHP Global, Authentic Brands Group are both interested in buying

Hanesbrands is considering a sale of its Champion sportswear brand and WHP Global and Authentic Brands Group are both interested in buying it.

6 months ago - CNBC

iFabric Corp Announces Maidenform(R) License Renewal

MARKHAM, ON / ACCESSWIRE / October 23, 2023 / iFabric Corp. ("iFabric" or the "Company") (TSX:IFA)(OTCQX:IFABF), today announced that its wholly-owned subsidiary company, Coconut Grove Pads Inc. ("CGP...

6 months ago - Accesswire

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

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today provided details for its third-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, November 9, 2023. Prior to the confer...

6 months ago - Business Wire

HanesBrands and University of Cincinnati Extend Exclusive Primary Apparel Partnership

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE:HBI), the world's largest supplier of collegiate fan apparel, and the University of Cincinnati today announced a multi-year extension of their c...

7 months ago - Business Wire

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...

7 months 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...

7 months 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...

7 months 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
8 months 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...

8 months 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...

8 months 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
9 months 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...

9 months ago - Business Wire