Hanesbrands Stock News

Wall Street brokerages expect that Hanesbrands Inc. (NYSE:HBI) will report $1.75 billion in sales for the current quarter, Zacks reports. Four analysts have provided estimates for Hanesbrands earnings, with estimates ranging from $1.74 billion to $1.76 billion. Hanesbrands posted sales of $1.80 billion in the same quarter last year, which suggests a negative year-over-year growth []

Hanesbrands Inc. (NYSE:HBI) has received a consensus recommendation of Buy from the ten research firms that are currently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered []

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Sound Income Strategies LLC increased its holdings in shares of Hanesbrands Inc. (NYSE:HBI) by 78.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 404,332 shares of the textile makers stock after acquiring an additional 178,078 shares during the period. Hanesbrands makes up approximately []

Hanesbrands (NYSE:HBI) had its price target lowered by UBS Group from $23.00 to $20.00 in a report released on Wednesday morning, The Fly reports. The firm currently has a neutral rating on the textile makers stock. A number of other equities research analysts have also recently issued reports on HBI. Barclays upped their target price []

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Steven Bratspies, CEO of Hanesbrands, discusses the factors contributing to the backlog in the supply chain.

Hanesbrands (NYSE:HBI) issued an update on its fourth quarter 2021 earnings guidance on Thursday morning. The company provided EPS guidance of $0.400-$0.450 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.420. The company issued revenue guidance of $1.71 billion-$1.78 billion, compared to the consensus revenue estimate of $1.75 billion.Hanesbrands also updated []

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Hanesbrands Inc. (HBI) CEO Steve Bratspies on Q3 2021 Results - Earnings Call Transcript

"It's definitely higher than a normal operating basis we like to see," HanesBrands CEO Steve Bratspies told CNBC on Thursday.

Steve Bratspies, Hanesbrands CEO, joins 'Squawk on the Street' to discuss the company's Q3 earnings results. Bratspies also discusses inflation, consumer demand and supply chain struggles.

When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?

HanesBrands (HBI) delivered earnings and revenue surprises of 12.77% and -0.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Hanesbrands' (HBI) third-quarter 2021 results are likely to reflect solid demand across its innerwear and activewear businesses.