|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||19.44 - 19.85|
|52 Week Range||18.57 - 25.73|
|PE Ratio (TTM)||120.12|
|Forward Dividend & Yield||0.60 (3.09%)|
|1y Target Est||N/A|
While the NCAA Division I Men's Basketball Committee was releasing the 68 teams on Sunday that will participate in this years tournament, Winston-Salem-based Hanesbrands Inc. was preparing and shipping over 500,000 pieces of tournament-specific apparel. A part of Hanesbrands' Sports Apparel division, Event 1 has supplied onsite NCAA apparel concessions since 1998.
In Lenexa, another team sprang into action at Gear for Sports Inc. The sportswear company will design, print and ship shirts, hats, sweatshirts for the 68 teams in the men's tournament — roughly half a million pieces in all. The madness compounds Monday, when the 64 teams in the NCAA Division I women's tournament are announced.
Hanesbrands (HBI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
—Ben Levisohn By the looks of Hanesbrands' (HBI) gain yesterday, investors were expecting some good news from today's earnings. Shares of Hanesbrands dropped 11% to $19.57 today, making it the worst-performing stock in the S&P 500. Hanesbrands reported an adjusted profit of 52 cents a share, meeting analyst forecasts, on sales of $1.65 billion, narrowly beating estimates for $1.63 billion.
Apparel company Hanesbrands Inc. announced Thursday it has entered into an agreement to acquire Australian-based Bras N things, a transaction worth approximately $400 million. “Bras N Things is a leading intimate apparel retailer and e-commerce business that is a strategic and natural complement to our very successful Bonds underwear business in Australia and New Zealand,” said Hanes CEO Gerald W. Evans Jr. “Bras N Things has a great business model that appeals to millennial consumers featuring core products supplemented by seasonal product offerings.
Stocks that moved substantially or traded heavily on Thursday: Twitter Inc., up $3.27 to $30.18 The social media company said its revenue grew and it posted its first-ever quarterly profit. iRobot Corp., ...
After reporting in-line earnings in the preceding two quarters, Hanesbrands (HBI) succumbed to a negative earnings surprise in the fourth quarter of 2017.
Mid-caps stocks, like Hanesbrands Inc (NYSE:HBI) with a market capitalization of US$7.89B, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks.Read More...
On a per-share basis, the Winston-Salem, North Carolina-based company said it had a loss of $1.06. Earnings, adjusted for pretax expenses and costs related to mergers and acquisitions, were 52 cents per ...
Hanesbrands Inc. shares sank 9% in Thursday premarket trading after the company gave earnings guidance that was below the FactSet consensus. Hanesbrands reported a net loss of $384.6 million, or $1.06 ...
The S&P 500 (SPX) just posted its worst week in the last two years, falling 3.8% between January 29 and February 2. As cited by Reuters, Suntrust Advisory Services chief market strategist Keith Lerner explained the reason behind the reversal of sentiments. The energy and material sectors were the worst performers in the S&P 500, falling 6.4% and 5.6% respectively.
While International Strength, buyouts and Project Booster are likely to drive Hanesbrands (HBI) in Q4, a tough U.S. retail environment and higher marketing investments may play spoilsport