|Bid||18.14 x 1200|
|Ask||18.63 x 21500|
|Day's Range||18.25 - 18.50|
|52 Week Range||16.38 - 25.73|
|PE Ratio (TTM)||173.58|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.60 (3.23%)|
|1y Target Est||21.21|
DEEP DIVE (Updated with stock price action through Aug. 13.) The Turkish lira’s sharp drop and tough trade talk from President Trump are putting pressure on stock markets around the world. While U.
HanesBrands, a socially responsible manufacturer and marketer of leading everyday basic apparel, has introduced its first line of Hanes women’s apparel and a unisex collection from Alternative in collaboration with the National Park Foundation. HanesBrands and the NPF, the official nonprofit partner of the National Park Service, launched a five-year partnership in April 2018 to encourage awareness, exploration and conservation of America’s parks. The partnership will generate $4 million for NPF and feature designs from the company’s Hanes, Alternative and Champion brands.
Forbes magazine has recognized HanesBrands, a socially responsible manufacturer and marketer of leading everyday basic apparel, as one of the most-admired companies in Central America and the Caribbean.
These solid companies have non-prohibitive valuations and could feasibly double their payouts within the next five years.
Montreal-based Gildan Activewear (NYSE:GIL) saw its stock surge on its earnings beat. Now, investors must decide what to do about GIL stock following this move. While investors might feel the temptation to open a position, they should consider both the financials and the competitive position of Gildan before buying GIL stock.
Unlike many low-priced stocks that surge on news, Naked Brands Group (NASDAQ:NAKD) has a large business. For the 12 months ending January 2018, Naked Brands racked up ~$90 million in revenues. Unfortunately, like all too many low-priced stocks, NAKD stock is likely to slump as the initial hype fades.
Stocks rolled narrowly higher Wednesday as Apple drove tech stocks, Paycom nailed a breakout, while fresh trade war threats and a pending Fed vote kept investor optimism in check.
Apparel maker Hanesbrands Inc. (NYSE: HBI ) reported its second-quarter results Wednesday, which prompted Barclays to downgrade the stock from a bullish stance. The Analyst Barclays' Chethan Mallela downgraded ...
Wednesday saw the two nightmares merge for Chieftain Capital Management when underwear maker Hanesbrands plunged by nearly 20% at one point. The company announced that it wouldn’t be renewing a contract ...
Hanesbrands second quarter results show that recent acquisitions brought in net sales of $52 million.
Shares of Hanesbrands Inc. tumbled 19% Wednesday after the company said it wasn’t renewing a contract to sell an exclusive line of Champion activewear to Target Corp. The company’s current contract with the big-box retailer that allows Target to sell an exclusive line as part of the Champion brand, called C9 by Champion, expires at end of January 2020, Hanesbrands said. In the past year, Hanesbrands took in about $380 million in sales from the C9 line, the company said Wednesday.
Apple's Day. Apple's (AAPL) big day couldn't lift the Dow Jones Industrial Average, which fell for the third time in four days. The Federal Reserve left rates unchanged, but indicated that there could be two more hikes this year. It was not a good day to be an investor...unless you owned Apple (AAPL).
Stocks that moved substantially or traded heavily on Wednesday: Apple Inc., up $11.21 to $201.50 The company's quarterly results beat expectations as iPhone sales prices rose, and it gave a strong fourth-quarter ...
Hanesbrands (HBI) is falling on Wednesday, following a disappointing earnings report and the dissolution of its Champion deal with Target (TGT). Where we were: Hanesbrands has fallen nearly 14% year to date, missing out on the retail revival. Where we're headed: The shares took a further hit on Wednesday, following a slight earnings miss and news that its contract with Target will end in 2020.
Hanesbrands slightly missed Wall Street estimates on the bottom line, but the news of its C9 contract with Target ending 2020 added to investor pessimism.
Target Corp.'s years-long exclusive deal to sell C9 by Champion activewear will be ending after next year.
Hanesbrands Inc. lost about one-fifth of its market value Wednesday on news that Target Corp. won’t renew an exclusive deal for a line of Champion athletic wear that expires at the end of January 2020. Target introduced its own activewear line, JoyLab, just over a year ago, part of a broader push to add more than a dozen store brands across key categories like home decor and apparel. At the time, the cheap-chic retailer said it was happy with its C9 line by Champion -- a unit of Hanesbrands -- but profit margins on store brands are much higher compared with giving a cut to a partner.
Hanesbrands (HBI) Q2 results hurt by increased corporate tax rate and reduced operating profit. Nevertheless, the top line gained from acquisitions and Champion brand sales.
Hanesbrands’ earnings report for the second quarter of the year includes earnings per share of 45 cents. This is down from its earnings per share of 53 cents that was reported in the second quarter of 2017. It was also a blow to HBI stock by coming in below Wall Street’s earnings per share estimate of 46 cents for the quarter.
Hanesbrands (HBI) reported its earnings results for the second quarter, which ended on June 30, before the opening bell this morning. The basic apparel maker reported a 4.2% YoY (year-over-year) increase in total sales to $1.715 billion, $2 million more than the Thomson Reuters I/B/E/S Estimates. Sales were also in line with management’s guidance range of $1.7 billion–$1.725 billion.