Hanesbrands (HBI) Trims FY24 View Despite Q2 Earnings Beat

Hanesbrands Inc. (HBI) reported mixed second-quarter 2024 results, with the top line declining year over year and missing the Zacks Consensus Estimate. The bottom line improved from the year-ago quarter's reported figure and surpassed the consensus mark. Challenges in the consumer and apparel market hurt results. Management lowered its net sales and earnings view for 2024. Q2 in Detail The company posted adjusted earnings from continuing operations of 15 cents per share, surpassing the Zacks Consensus Estim ...