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Hanesbrands Inc. (NYSE:HBI ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants T.C. Robillard - VP of IR Stephen Bratspies - CEO Scott Lewis - CFO Conference Call Participants Jay Sole - UBS Ike Boruchow - Wells Fargo Brandon Cheatham - Citi David Swartz - Morningstar Tom Nikic - Wedbush Paul Kearney - Barclays William Reuter - Bank of America Operator Good day, and thank you for standing by.
Hanesbrands' (HBI) second-quarter 2024 earnings reflect lower sales amid challenges in the consumer and apparel market. Management lowers 2024 sales and earnings view.
HanesBrands (HBI) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.01 per share a year ago.
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the second-quarter 2024. “We delivered solid second-quarter results in a challenging consumer and apparel market, including better-than-expected U.S. innerwear performance and margin expansion,” said Steve Bratspies, CEO. “We've taken several strategic actions that have fundamentally strengthened and simplified our business, better positioning the Company for.
Hanesbrands' (HBI) second-quarter 2024 results are likely to reflect gains from lower input costs and cost savings. However, sales are likely to have been hurt by a tough macroeconomic consumer landscape.
Besides Wall Street's top -and-bottom-line estimates for HanesBrands (HBI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Bali, America's number one national bra brand*, is launching its airiest, most breathable collection yet, Bali Breathe. Bali is introducing a fresh look that combines nearly a century of design expertise with a modern take on comfort and style. Bali Breathe redefines luxurious innerwear with an assortment of light-as-air body basics including bras, underwear, and shapewear. “Bali Breathe offers our consumers meticulous craftsmanship ensuring a perfect fit,.
The latest trading day saw HanesBrands (HBI) settling at $6.02, representing a -1.95% change from its previous close.
HanesBrands (HBI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Hanesbrands (HBI), Eldorado Gold (EGO) and Kinross Gold (KGC) have been selected as the breakout stocks for today.