Hanesbrands Stock News

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.

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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, although GAAP metrics were impacted in a huge manner because of the Champion deal. The pro forma business is expected to generate $3.6 billion in sales with potential earnings of around $0.65 per sha...

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 Participants Jay Sole - UBS Ike Boruchow - Wells Fargo Brandon Cheatham - Citi David Swartz - Morningstar Tom Nikic - Wedbush Paul Kearney - Barclays William Reuter - Bank of America Operator Good day, an...

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 results in a challenging consumer and apparel market, including better-than-expected U.S. innerwear performance and margin expansion,” said Steve Bratspies, CEO. “We've taken several strategic action...

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 combines nearly a century of design expertise with a modern take on comfort and style. Bali Breathe redefines luxurious innerwear with an assortment of light-as-air body basics including bras, underwea...

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 conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended June 29, 2024. Conference Call Details: To participate via telephone, please registe...