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Hanesbrands Gains From Strategic Moves: Staying Invested Makes Sense
HBIHanes(HBI) 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 ...