Hanesbrands Inc. (HBI)
| 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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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...
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.
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...
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.
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 ...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...