The latest trading session saw HanesBrands (HBI) ending at $5.36, denoting no adjustment from its last day's close. This change was narrower than the S&P 500's daily loss of 2.32%. Meanwhile, the Dow lost 1.25%, and the Nasdaq, a tech-heavy index, lost 3.64%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.46 per share and a revenue of $5.37 billion, indicating changes of +666.67% and -4.66%, respectively, from the former year. Ranging from #1 (Strong Buy) to #5 (Str ...

The most recent trading session ended with HanesBrands (HBI) standing at $5.42, reflecting a -1.28% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.78%. Elsewhere, the Dow lost 1.29%, while the tech-heavy Nasdaq lost 0.7%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.46 per share and a revenue of $5.37 billion, indicating changes of +666.67% and -4.66%, respectively, from the former year. The upcomi ...

HanesBrands (HBI) closed at $4.74 in the latest trading session, marking a +1.72% move from the prior day. The stock's change was more than the S&P 500's daily gain of 1.02%. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%. For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.46 per share and a revenue of $5.37 billion, signifying shifts of +666.67% and -4.66%, respectively, from the last year. In the context of valuation, HanesBrands is at present ...

HanesBrands (HBI) closed the most recent trading day at $4.84, moving +0.41% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.09%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.3%. Investors will be eagerly watching for the performance of HanesBrands in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.10, showcasing a 1100% upward movement from the corresponding quarter of the prior year ...

What's Working Well? Although HanesBrands' global Innerwear business was pressurized by limited consumer spending in the first quarter of 2024, the company continued to strengthen this business amid headwinds. A focus on innovation launches, coupled with increased investment in brand marketing, keeps the company well-positioned for continued market share growth. All the abovementioned actions are likely to drive strong earnings growth this year and position the company for more consistent top and bottom-lin ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. HanesBrands (HBI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's yearto-date performance to find out. Within the past quarter, the Zacks Consensus Estimate for HBI's full-year earnings has moved 3% higher. This means that analyst sentiment is stronge ...

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. HBI has a P/S ratio o ...

Analysts and investors alike will be keeping a close eye on the performance of HanesBrands in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.10, showcasing a 1100% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.35 billion, down 6.14% from the year-ago period. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outsideaudited track record ...

Inside the Headlines Hanesbrands Inc. (HBI) has been focused on accelerating growth. The company has made significant strides in revitalizing its innerwear business, increasing market share, attracting younger consumers and strengthening its operating model. Moving forward on the growth trajectory, the company recently inked a deal to offload the intellectual property and certain operating assets of its global Champion business to Authentic Brands Group (or Authentic), On concluding the sale of the global C ...

Hanesbrands (NYSE:HBI) stock is getting a boost on Wednesday after the innerwear apparel company announced it will sell the Champion brand. Hanesbrands has agreed to sell the Champion brand to Authentic Brands Group for $1.2 billion. The deal could increase to $1.5 billion if a contingent cash consideration of up to $300 million is fulfilled. This requires the brand to reach performance goals after the sale. Hanesbrands notes that it will receive net proceeds of $900 million from this deal. The company says ...