Is Hanesbrands (HBI) Stock Outpacing Its Consumer Discretionary Peers This Year?

Company Performance - HanesBrands (HBI) has shown a year-to-date return of approximately 11.7%, outperforming the average return of -1% for Consumer Discretionary companies [9] - The Zacks Consensus Estimate for HBI's full-year earnings has increased by 3%, indicating improved analyst sentiment and earnings outlook [2] - HanesBrands currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [5] Industry Comparison - HanesBrands is part of the Textile - Apparel industry, which has an average year-to-date loss of 19.2%, indicating that HBI is performing better than its industry peers [10] - In contrast, Caleres Inc. has a year-to-date return of 10.4%, but the Shoes and Retail Apparel industry has declined by 8.9% this year [6][7] - The Consumer Discretionary sector, which includes 283 companies, ranks 8 in the Zacks Sector Rank, reflecting a relatively strong position within the broader market [8]