Here's Why HanesBrands (HBI) Appears Promising Despite Hurdles

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 ...