Hanes(HBI)

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Undercovered Dozen: Nokia, Juniper Networks, Hanesbrands, Infinera +
Seeking Alpha· 2025-02-01 13:30
Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight twelve actionable investment ideas on tickers with less coverage. These ideas can range from "boring" large caps to promising up-and-coming small caps. Specifically, the inclusion criteria for "undercovered" include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days. Follow this account ...
Hanesbrands: Revealing Earnings Power Presents Further Upside
Seeking Alpha· 2025-01-24 14:38
Company Overview - Hanesbrands Inc (NYSE: HBI) operates in the apparel industry, selling products through brands such as Hanes, Bonds, Bali, Maidenform, Playtex, and JMS [1] - The company has a strong focus on underwear but also offers a variety of other clothing items [1] Investment Philosophy - The investment approach emphasizes identifying mispriced securities by understanding the drivers behind a company's financials [1] - A DCF (Discounted Cash Flow) model is often used to evaluate a stock's prospects, considering all aspects of the company rather than limiting to traditional value, dividend, or growth investing [1] Analyst Disclosure - The analyst has no stock, option, or derivative positions in any of the mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article reflects the analyst's personal opinions and is not influenced by any compensation or business relationships with the mentioned companies [2] Seeking Alpha Disclosure - Seeking Alpha's analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified by any regulatory body [3] - The platform does not provide investment advice or recommendations, and the views expressed may not reflect those of Seeking Alpha as a whole [3]
The Zacks Analyst Blog The Walt Disney,Choice Hotels International, Snap-on, Hanesbrands and Mattel
ZACKS· 2024-12-11 08:16
For Immediate ReleasesChicago, IL – December 11, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including The Walt Disney Company (DIS) , Choice Hotels International, Inc. (CHH) , Snap-on Inc. (SNA) , Hanesbrands Inc. (HBI) and Mattel, Inc. (MAT) .Here are highlights from Wednesday’s Analyst Blog:5 Discretion ...
Hanesbrands Has Already Priced In Projections, Leaving Little Margin For Error
Seeking Alpha· 2024-11-08 17:34
Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very sm ...
Hanesbrands Raises Profit Guidance on Q3 Earnings & Sales Beat
ZACKS· 2024-11-07 17:06
Earnings Performance - The company posted adjusted earnings from continuing operations of 15 cents per share, surpassing the Zacks Consensus Estimate of 11 cents and showing a significant improvement from the adjusted loss of 2 cents per share in the year-ago quarter [3] - Net sales from continuing operations declined 2.5% to $937.1 million but exceeded the Zacks Consensus Estimate of $928 million [4] - Adjusted gross profit increased by 11% year over year to $392 million, with the adjusted gross margin rising by 525 bps to 41.8% [5] - Adjusted operating profit surged 46% year over year to $122 million, with the adjusted operating margin increasing by 435 bps to 13% [6] Segment Performance - The U.S. segment's net sales dropped 1% year over year to $678.3 million, but the segmental operating margin improved by 665 bps to 22.1% [8] - International net sales grew 1.3% to $259.1 million, with a 4% increase at constant currency, driven by growth in the Americas and Asia [9] - The international segment's operating margin improved by 465 bps to 14.2%, supported by reduced input costs and cost-saving measures [9] Financial Health - The company ended the quarter with cash and cash equivalents of $317.3 million, long-term debt of $3,211.2 million, and total stockholders' equity of $149.3 million [10] - Year-to-date cash flow from operations amounted to $197 million, with free cash flow of $165 million [11] - The company had approximately $1.1 billion of available capacity under its credit facility at the end of the quarter [10] Guidance and Expectations - For 2024, net sales from continuing operations are anticipated to be around $3.61 billion, reflecting a 4% year-over-year decline on a reported basis and a 2% decline on an organic basis at constant currency [12] - Adjusted operating profit from continuing operations is expected to be $417 million, with adjusted EPS from continuing operations envisioned at approximately 39 cents [13] - Cash flow from operations is forecasted to be nearly $250 million, with free cash flow expected to be approximately $210 million in 2024 [14] - For Q4 2024, net sales from continuing operations are expected to be around $900 million, suggesting a 2% year-over-year growth on a reported basis and a 3% increase on an organic basis at constant currency [15] - Adjusted operating profit from continuing operations for Q4 is likely to be around $115 million, with adjusted earnings from continuing operations envisioned at about 14 cents per share [16] Strategic Actions - Strategic actions to streamline and focus the business are delivering results, enabling significant changes to the cost structure, boosting operational efficiency, lowering inventory, and freeing capital for growth investments [2] - These efforts are expected to drive improvements in margins, cash flow, and debt reduction through 2025 [2]
Hanesbrands Q3 Earnings on the Horizon: Key Insights for Investors
ZACKS· 2024-11-05 18:40
Hanesbrands (HBI) is likely to register year-over-year bottom-line growth when it reports third-quarter 2024 earnings on Nov. 7, before market open. The Zacks Consensus Estimate for earnings has declined a penny in the past 30 days to 11 cents per share, suggesting an increase of 10% from the prior-year reported figure.The consensus estimate for quarterly revenues is pegged at $928.3 million, indicating a drop of 38.6% from the year-ago quarter’s reported figure.HBI has a trailing four-quarter earnings surp ...
Harley-Davidson and Champion Reignite Their Partnership with a Bold New Capsule Collection
Prnewswire· 2024-10-30 20:21
"This collaboration captures the best of both worlds, blending Harley's rebellious spirit with Champion's athleticwear heritage. It's a collection built for those who live boldly—whether on the open road or the city streets," said Erica Bullard, Senior Vice President, Harley-Davidson. The Champion x Harley-Davidson® Capsule Collection features sweatshirts, tees, and hats with modern cuts and oversized graphics. Each piece combines rugged durability with the comfort of your favorite sweats, offering a unique ...
HanesBrands (HBI) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-10-29 23:20
In the latest trading session, HanesBrands (HBI) closed at $7.26, marking a -0.14% move from the previous day. This change lagged the S&P 500's 0.16% gain on the day. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq gained 0.78%. Coming into today, shares of the underwear, T-shirt and sock maker had lost 1.09% in the past month. In that same time, the Consumer Discretionary sector gained 0.21%, while the S&P 500 gained 1.67%. The investment community will be paying close attention to the earn ...
HanesBrands (HBI) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-10-22 23:21
HanesBrands (HBI) ended the recent trading session at $7.08, demonstrating a -1.39% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.05%. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.18%.Prior to today's trading, shares of the underwear, T-shirt and sock maker had gained 7.16% over the past month. This has outpaced the Consumer Discretionary sector's gain of 3.25% and the S&P 500's gain ...
Hanesbrands Gains From Strategic Moves: Staying Invested Makes Sense
ZACKS· 2024-10-03 17:40
Hanesbrands (HBI) has witnessed notable resilience in a challenging macroeconomic environment, driven by its strategic initiatives. The company's recent sale of the Global Champion business and exit from the U.S. outlet store sector are key moves designed to improve financial stability, streamline operations and enhance profitability. Hanesbrands' focus on enhancing its operating and financial models has been instrumental in driving long-term resilience and profitability. Key improvements include strengthen ...