4 - Hanesbrands Inc. (0001359841) (Issuer)

4 - Hanesbrands Inc. (0001359841) (Issuer)

4 - Hanesbrands Inc. (0001359841) (Issuer)

4 - Hanesbrands Inc. (0001359841) (Issuer)

4 - Hanesbrands Inc. (0001359841) (Issuer)

4 - Hanesbrands Inc. (0001359841) (Issuer)

4 - Hanesbrands Inc. (0001359841) (Issuer)

3 - Hanesbrands Inc. (0001359841) (Issuer)

4 - Hanesbrands Inc. (0001359841) (Issuer)

4 - Hanesbrands Inc. (0001359841) (Issuer)

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- SEC Filing

4 analysts have expressed a variety of opinions on Hanesbrands (NYSE:HBI) over the past quarter, offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 2 0 0 In the assessment of 12-month price targets, analysts unveil insights for Hanesbrands, presenting an average target of $5.12, a high estimate of $5.50, and a low estimate of $5.00. Witnessing a positive shift, the

Wedbush analyst Tom Nikic reiterates Hanesbrands (NYSE:HBI) with a Neutral and maintains $5 price target.

Hanesbrands Inc. (NYSE:HBI) shares are trading higher after the company inked a deal to sell its Champion business to Authentic Brands Group for a transaction value of $1.2 billion. The transaction value could reach up to $1.5 billion, including an additional contingent cash consideration of up to $300 million based on meeting performance thresholds. This agreement, unanimously approved by the HanesBrands Board of Directors, marks the successful conclusion of the company’s evaluation of various strategic options for the global Champion business. The transaction is subject to customary closing conditions and is expected to be finalized in the second half of 2024. Following the tra

Gainers Stitch Fix (NASDAQ:SFIX) stock rose 20.2% to $3.21 during Wednesday's pre-market session. The market value of their outstanding shares is at $385.7 million. As per the news, the Q3 earnings report came out yesterday. Hanesbrands (NYSE:HBI) stock rose 10.69% to $5.59. The company's market cap stands at $1.9 billion. Dream Finders Homes (NYSE:DFH) shares rose 9.36% to $28.97. The market value of their outstanding shares is at $2.7 billion. Lakeland Industries (NASDAQ:LAKE) stock increased by 7.74% to $20.31. The company's market cap stands at $149.8 million. As per the press release, Q1 earnings came out yesterday. Yoshiharu Global (NASDAQ:YOSH) stock moved upwards by 7.11% to $4.

Raises Full-Year and Fourth-Quarter Operating Profit, EPS, and Cash Flow Outlook On Track to Pay Down $1 Billion of Debt in Second-Half 2024 Reports net sales at the mid-point of expected range with operating profit and earnings per share (EPS) above the high-end of expected range. Raises full-year and fourth-quarter 2024 operating profit, earnings per share, and operating cash flow guidance due to year-to-date performance and strong visibility to continued margin improvement. Expects net sales at the mid-point of its prior guidance range. Net sales were $937 million; consistent with prior year on an organic constant currency basis. GAAP and Adjusted gross margins were 41.7% and 41

The limited-edition line merges authentic athletic comfort and heritage-inspired moto style MILWAUKEE, Oct. 30, 2024 /PRNewswire/ -- Harley-Davidson® and Champion® join forces for a limited-edition capsule, blending athletic comfort with heritage moto style—made for those who hustle and play to win. With over 100 years of dedication to their crafts—Champion in athletic wear and Harley-Davidson in motorcycle culture—these two iconic brands are once again combining their expertise. This new collaboration, rooted in their historic partnership dating back to the 1940s, offers a fr

HanesBrands Inc. (NYSE:HBI) today provided details for its third-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, November 7, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended September 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIa347ba7fd18c435485bb777041f4826d Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can b

HanesBrands Inc. (NYSE:HBI), a global leader in iconic apparel brands, today announced that it has completed the sale of the intellectual property and certain operating assets of the Company's global Champion business to Authentic Brands Group ("Authentic"). "Today marks a major milestone on our journey to strengthen and simplify our business and is the culmination of a significant team effort to position HanesBrands on the optimal path for the future," said Steve Bratspies, CEO. "With the successful completion of this transaction, combined with our internal cash generation, we expect to pay down approximately $1 billion of debt in the second half of 2024. Looking ahead, we believe we are

Reports solid second-quarter results with better-than-expected performance in U.S. innerwear business. Announced agreement to sell global Champion business and completed exit of U.S. outlet stores in July. Both businesses moved to discontinued operations in second-quarter 2024. These strategic actions fundamentally strengthen the Company, creating a more focused, simplified business with more consistent revenue growth, higher margins, strong cash generation, a strong competitive position, and multiple levers to unlock shareholder value over the next several years. Adjusts full-year 2024 guidance to reflect continuing operations, with continued visibility for strong profit and EPS

At Last, Intimates That Offer a Sanctuary on Your Skin Every Day of the Week 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801677981/en/Bali, America's number one national bra brand*, is launching its airiest, most breathable collection yet, Bali Breath

HanesBrands Inc. (NYSE:HBI) today provided details for its second-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, August 8, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended June 29, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BI7814ae4a19684457a5bccf1f404295df Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be

HanesBrands (NYSE:HBI), a global leader in iconic apparel brands, today announced that Sharilyn Gasaway has been appointed to the Company's board of directors. Gasaway's term runs through the 2025 annual meeting of stockholders, and she will serve on the Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710730712/en/HanesBrands announced that Sharilyn Gasaway has been appointed to the Company's board of directors. Gasaway's term runs through the 2025 annual meeting of stockholders, and she will serve on the Audit Committee. (Photo: Business Wire) Gasaway brings experience from her time at Alltel Corporation wher

Wipro to provide a range of services including AI, cloud, data and analytics, application management, cybersecurity, and consulting Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, has been chosen by Hanesbrands Inc. (NYSE:HBI), a global leader in iconic apparel brands, to further drive its digital transformation, business growth, and enhance long term profitability. Wipro has been a strategic partner for Hanesbrands over the years, working on several business and technology transformation programs. This deal extends the partnership to leverage Wipro's capabilities in application management, cybersecurity, intelligent automation,

Transaction Valued at $1.2 Billion With Potential to Achieve $1.5 Billion Based on Contingent Cash Consideration of up to $300 Million Increased Focus on Global Innerwear Business and Accelerated Debt Paydown Further Positions Company to Deliver Enhanced Value for Shareholders HanesBrands (NYSE:HBI), a global leader in iconic apparel brands, today announced that it has entered into a definitive agreement to sell the intellectual property and certain operating assets of the Company's global Champion business to Authentic Brands Group ("Authentic") for a transaction value of $1.2 billion, with the potential to reach up to $1.5 billion through an additional contingent cash consideration of

HanesBrands Inc. (NYSE:HBI) today provided details for its third-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, November 7, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended September 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIa347ba7fd18c435485bb777041f4826d Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can b

HanesBrands Inc. (NYSE:HBI) today provided details for its second-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, August 8, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended June 29, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BI7814ae4a19684457a5bccf1f404295df Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be

HanesBrands (NYSE:HBI) today provided details for its first-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, May 9, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended March 30, 2023. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BI028ce83df51c4e9495063b02e4905b4f Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be used to

Exceeds year-end goals with respect to its four key 2023 performance metrics, despite a challenging sales environment. Sees positive inflection with respect to margins and leverage. Fourth quarter gross margin of 38.1% increased 400 basis points compared to prior year. Adjusted gross margin of 38.2% increased approximately 395 basis points over prior year, ahead of expectations. Unlocked tied-up working capital, ending the year with inventory below $1.4 billion, ahead of expectations. For full-year 2023, inventory improved 31% year-over-year, or $612 million. Generated $562 million of cash flow from operations, ahead of expectations. With stronger-than-expected operating cash f

HanesBrands (NYSE:HBI) today provided details for its fourth-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, February 15, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended December 30, 2023. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIe86b3ad0591d4acea7536ecd0bc93f56 Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can

Continued improvement in key performance metrics, despite a challenging sales environment. GAAP gross margin of 31.1% decreased 260 basis points compared to prior year. Adjusted gross margin of 35.5% increased 100 basis points over prior year, ahead of expectations. Reduced inventory by 17%, or $319 million sequentially, and 29%, or $620 million year-over-year. Generated cash flow from operations of $155 million in the quarter and $287 million year-to-date. Reduced total debt by $144 million in the quarter and approximately $270 million year-to-date. Ended quarter with approximately $1.2 billion of liquidity. Company continues to expect to exit the year with meaningfully hig

HanesBrands (NYSE:HBI) today provided details for its third-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, November 9, 2023. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended September 30, 2023. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIfe5b0989c96d45d89d28739597ffbe55 Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can

Reports second-quarter net sales, operating profit and EPS from continuing operations within its guidance range Reduced total debt by nearly $100 million in the quarter Further reduced inventory by 12%, or $255 million, as compared to prior year Generated cash flow from operations of $88 million in the quarter and $132 million year-to-date Company continues to expect to exit the year with meaningfully higher gross and operating margins and lower inventory. Company also continues to expect to pay down more than $400 million of debt in 2023. Provides third-quarter 2023 guidance, updates full-year outlook. HanesBrands Inc. (NYSE:HBI), a global leader in iconic apparel brands, t

Believes Hanesbrands Must Immediately Focus on Reducing Costs and Debt to Create Long-Term Shareholder Value Questions Ability of Current Board and Management Team to Effectively Lead the Business Barington Capital Group L.P. and its affiliates ("Barington"), a fundamental, value-oriented activist investor which is a shareholder of Hanesbrands Inc. (NYSE:HBI) ("Hanesbrands" or the "Company"), yesterday sent a letter to Ronald L. Nelson, Chairman of Hanesbrands, calling for immediate and decisive actions to create long-term value for shareholders. In its letter, Barington highlights that Hanesbrands' share price has declined by -51.6% in the last year alone.1 Barington believes this de

HanesBrands (NYSE:HBI) today provided details for its second-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, August 10, 2023. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended July 1, 2023. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BI1e96a8e053fb434f9245cdfe78dfca50 Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be use

HanesBrands (NYSE:HBI), a global leader in iconic apparel brands, today announced that Sharilyn Gasaway has been appointed to the Company's board of directors. Gasaway's term runs through the 2025 annual meeting of stockholders, and she will serve on the Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710730712/en/HanesBrands announced that Sharilyn Gasaway has been appointed to the Company's board of directors. Gasaway's term runs through the 2025 annual meeting of stockholders, and she will serve on the Audit Committee. (Photo: Business Wire) Gasaway brings experience from her time at Alltel Corporation wher

Chair Mary J. Guilfoile, Who Has Served With Distinction, to Step Down Following the 2024 Annual Meeting William S. Simon and Jill Sutton, Who Collectively Possess Experience in Capital Allocation, Corporate Governance and Transformations, Have Been Added to the Board Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the "Board") following the 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Board will elect a new Chair following Ms. Guilfoile's retirement. Add

Announces Expansion of Slate to Eight Highly Qualified Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry and Governance Experience Informs Shareholders That Browning West Has Requested the Special Meeting Be Held Without Delay Urges Gildan's Board to Respect the Will of Shareholders and Not Employ Tactics to Unreasonably Delay Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares.

Special Meeting Would Empower Shareholders to Improve Gildan's Board by Voting to Replace Five Incumbent Directors Replacement Slate Includes Five High Quality Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry Experience Urges Gildan's Board to Refrain From Taking Actions to Entrench Itself or Delay the Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares. Today, Browning West i

Simon to Succeed Ronald L. Nelson, Who Will Retire from the Board at Year-End Cheryl K. Beebe and Ann E. Ziegler Also to Retire, Returning Board Size to 10 Members HanesBrands (NYSE:HBI) today announced that its Board of Directors (the "Board") has appointed William S. Simon to serve as Chairman of the Board, effective December 31, 2023. His appointment follows Ronald L. Nelson's decision to retire as Chairman and a member of the Board at the end of the year. Mr. Simon has been a director at the Company since 2021 and has previously served on the Talent and Compensation Committee and the Governance and Nominating Committee. He is Executive Advisor to the KKR & Co. investment firm and

Colin Browne, Natasha Chand and John Mehas Further Strengthen Board, Bringing Operational and Retail Industry Experience Enters into Cooperation Agreement with Barington HanesBrands (NYSE:HBI) today announced that its Board of Directors (the "Board") has appointed Colin Browne, Natasha Chand and John Mehas as independent directors to the Board, effective immediately. Ronald L. Nelson, Chairman of the Board, said, "We are pleased to welcome Colin, Natasha and John as independent directors to the HanesBrands Board. They bring important relevant experience in retail, consumer brands and operations, and we look forward to gaining their insights as the Company continues to focus on driving

HanesBrands (NYSE:HBI), a leading global marketer of branded everyday apparel, today announced that Interim Chief Financial Officer Scott Lewis has been appointed Chief Financial Officer, effective immediately. Lewis will also continue in his role as Chief Accounting Officer, a position he has held since 2015. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230711436333/en/HBI Interim Chief Financial Officer, Scott Lewis, has been appointed Chief Financial Officer, effective immediately. (Photo: Business Wire) A 17-year veteran of HanesBrands with an extensive background in accounting, tax, controllership, and external reporting,

Bobby J. Griffin to Retire from Board HanesBrands Inc. (NYSE:HBI), a global leader in iconic apparel brands, today announced that Mark Irvin has been appointed to the company's board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230227005259/en/HanesBrands Appoints Mark Irvin to Board of Directors (Photo: Business Wire) The company also announced that Bobby J. Griffin, a director since 2006, plans to retire from the board when his current term ends at the 2023 annual meeting of stockholders. Irvin's term runs through the 2024 annual meeting of stockholders. He will serve on the Governance and Nominating Committee

HanesBrands (NYSE:HBI), a global leader in iconic apparel brands, today announced that William S. Simon has been appointed to the company's board of directors. With the appointment of Simon, whose term runs until the 2022 annual meeting of stockholders, the company's board has 10 members. Simon will serve on the board's audit committee. "Bill brings extensive experience leading complex organizations and building global brands," said Steve Bratspies, chief executive officer, HanesBrands. "His knowledge of retail and consumer goods will be extremely valuable as we unlock growth by delivering innovative products and creating a seamless consumer experience." Simon is a senior advisor to the

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a leading global marketer of branded everyday basic apparel, today announced that financial executive Cheryl K. Beebe has been appointed to the company’s Board of Directors. With the appointment of Beebe, whose term runs until the 2021 annual meeting of stockholders, the HanesBrands Board has nine members. Beebe will serve on the Board’s audit committee. “Cheryl brings extensive experience in global strategy and a deep background in all aspects of financial operations,” said Steve Bratspies, chief executive officer, HanesBrands. “Her knowledge will be particularly valuable as we build our strategy to unlock long-term