13.42 0.00 (0.00%)
After hours: 4:48PM EST
|Bid||13.35 x 1200|
|Ask||14.17 x 3100|
|Day's Range||13.37 - 14.19|
|52 Week Range||12.90 - 19.17|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||8.18|
|Forward Dividend & Yield||0.60 (4.26%)|
|Ex-Dividend Date||Feb 13, 2020|
|1y Target Est||N/A|
The spreading coronavirus rattled markets across the globe Monday, including on Wall Street. The S&P 500 fell 3.4 per cent, its worst day since February 2018. The Nasdaq dropped 3.7 per cent and the Dow was down 1,000 points, a loss to close the day 3.
Companies like Hanesbrands and VF come alongside Elon University to expose MBA students to global business via study abroad opportunities in Italy, Vietnam, Singapore and London.
HanesBrands (HBI) delivered earnings and revenue surprises of 0.00% and 0.19%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Hanesbrands Inc. reported Friday fourth-quarter profit and sales that were in line with expectations, set a new share repurchase program and provided a full-year sales outlook that was slightly below forecasts. Shares of the underwear maker slipped 0.2% in premarket trading. Net income rose to $185.0 million, or 51 cents a share, from $150.0 million, or 41 cents a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share rose 13% to 51 cents, matching the FactSet consensus. Sales fell 1% to $1.75 billion, also matching the FactSet consensus, as U.S. innerwear sales fell 4% and U.S. activewear sales declined 7%, while Champion sales increased more than 14%. The company announced a stock buyback authorization of 40 million shares, which represents about 11% of the shares outstanding. The company expects 2020 sales of $6.68 billion to $6.78 billion, compared with the FactSet consensus of $6.81 billion, and expects adjusted EPS of $1.72 to $1.80, which surrounds expectations of $1.76. The stock has lost 9.8% over the past three months through Thursday, while the S&P 500 has gained 8.5%.
These apparel companies' fourth-quarter 2019 results are likely to reflect gains from robust brand enhancing efforts. However, high costs and volatile currency movements are concerning.
Impacts of soft innerwear segment and currency woes are likely to get reflected in Hanesbrands' (HBI) Q4 results. Nevertheless, strength in Champions brand and Project Booster plan bode well.
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
HanesBrands (HBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hanesbrands (HBI) has long been struggling with sales decline at its Innerwear segment. Also, international presence has exposed it to currency headwinds.
Columbia Sportswear (COLM) has been gaining from Project CONNECT, brand-enhancing efforts and a solid international presence. However, the company is witnessing high SG&A costs and currency headwinds.
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
HanesBrands sees an opportunity to expand the Champion label throughout Asia and has partnered with a company to grow in South Korea.
Is Hanesbrands Inc. (NYSE:HBI) a good bet right now? We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of […]
Barry Hytinen joined HanesBrands to help build the company's bottom line. After two-plus years he's leaving to join Iron Mountain, a storage and information management services firm.
Hanesbrands' (HBI) Champion brand partners with Coca-Cola to create a limited edition capsule collection of men's and women's clothing and accessories.