HBI Stock Recent News
HBI LATEST HEADLINES
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering investment ideas and sparking discussion among investors. Hanesbrands, BAE Systems, Westaim Corporation, Sun Communities, Nokia, Juniper Networks, and NN, Inc. are recommended as buys, each with unique catalysts and turnaround stories. Fairfax Financial is seen as undervalued with high-growth potential, while Avino Silver & Gold Mines and BrightSpire Capital are rated hold due to uncertainties.
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI) today provided details for its fourth-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, February 13, 2025. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended December 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIf11036.
Hanesbrands Inc. has undergone significant turnaround efforts, including the divestment of Champion and several other businesses and simplifying the company structure. The remaining business has solid earnings power through self-manufacturing and further cost savings, while Hanesbrands' brand investments have started to also yield results. Hanesbrands still has a very high amount of debt, but the underlying cash flow should support the weak balance sheet and allow further delevering.
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Are you among the 82% of Americans who admit to wearing underwear that's past its prime? HanesBrands thinks it's time for a refresh!.
CROX navigates rough waters due to challenges in its HEYDUDE brand. We explore promising Consumer Discretionary stocks with strong buy potential.
HBI's strategic transformation, consumer-centric approach and innovation suggest strong growth potential. However, macroeconomic challenges raise concerns.
HBI sells Champion business to Authentic Brands Group to streamline operations and reduce debt.
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced that it has completed the sale of the intellectual property and certain operating assets of the Company's global Champion business to Authentic Brands Group (“Authentic”). “Today marks a major milestone on our journey to strengthen and simplify our business and is the culmination of a significant team effort to position HanesBrands on the optimal path for the future,” sa.
HBI's strategic transformation, consumer-centric approach and innovation indicate growth prospects. However, macroeconomic issues raise concerns.
LULU faces challenges with U.S. revenue growth amid inflation, a cautious consumer spending environment and a lack of newness in the women's category.