23.21 +0.01 (0.04%)
After hours: 4:12PM EDT
|Bid||23.01 x 1000|
|Ask||24.25 x 900|
|Day's Range||22.91 - 24.12|
|52 Week Range||18.91 - 27.07|
|PE Ratio (TTM)||15.21|
|Forward Dividend & Yield||0.60 (2.43%)|
|1y Target Est||N/A|
Hanes is getting its hands on a Metro Atlanta clothing company. North Carolina-based clothing giant HanesBrands (HBI) today announced it’s buying Alternative Apparel, headquartered in Norcross, for approximately $60 million. The acquisition came after Hanes announced its preliminary third-quarter 2017 net sales of approximately $1.8 billion.
Winston-Salem-based Hanesbrands on Wednesday announced the acquisition of Norcross, Ga.-based Alternative Apparel, a marketer of “better apparel” basics, in an all-cash transaction valued at approximately $60 million. The deal is part of a string of acquisitions that Hanesbrands (HBI) has completed over the past few years to generate cash flow and add to the firm's portfolio of brands including Hanes, Maidenform, Bali and Champion. Alternative Apparel is expected to have full-year 2017 net sales of approximately $70 million.
Hanesbrands (HBI) gains from acquisitions and Project Booster program. Although organic sales remain dismal, the same is expected to turn around in the second half of 2017.
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Even after a summertime rally of 10%, this stock could have more left in the tank. Here are the latest developments investors should know.
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Hanesbrands, Inc. a score of 69. Our analysis is based on comparing Hanesbrands, Inc. with the following peers – Oxford Industries, Inc., PVH Corp., Ralph Lauren Corporation Class A, Gildan Activewear Inc. and Iconix Brand Group, Inc. (OXM-US, PVH-US, RL-US, GIL-US and ICON-US). Investment Outlook Hanesbrands, Inc. ... Read more (Read more...)
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Hanesbrands, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)
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Hanesbrands (HBI) is covered by 15 Wall Street analysts. The company has received a rating of 2.0 on a scale of 1 (strong buy) to 5 (strong sell). There were two analyst actions on the company in September....
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HanesBrands (HBI) has appointed Barry A. Hytinen as the new chief financial officer, who will succeed Richard D. Moss. This will be effective Oct 16, 2017 onwards.
Tempur Sealy International Inc. said Monday Chief Financial Officer Barry Hytinen will step down from his position, effective Oct. 13, to pursue an opportunity outside of the bedding industry. Also Monday, ...
Shares of Hanesbrands (HBI) are falling Thursday after Instinet analyst Simeon Siegel threw in the towel on the intimate apparel maker. Siegel downgraded the stock today from a Buy to a Neutral following a nearly 13% rally by the stock since the start of the year, arguing that investors should lock in returns ahead of what could be a ugly holiday season for retailers.