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Stock Market & Financial Investment News

News Breaks
November 29, 2012
16:12 EDTHBIHanesbrands sees Q4 EPS $1.00-$1.06, consensus $1.03
Sees Q4 revenue $1.13B-$1.17B, consensus $1.15B.
News For HBI From The Last 14 Days
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May 21, 2015
12:22 EDTHBIHanesbrands compelling following pullback, says Sterne Agee CRT
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12:14 EDTHBIHanesbrands says Knights Apparel integration planning progressing on-schedule
In an investor FAQ post, Hanesbrands stated: "With respect to Knights Apparel, the integration planning is progressing on-schedule. We expect to announce many of the actions within the next 30 days, which keeps us on track to begin implementing a number of these actions by the end of this year. In terms of the cadence of Knights Apparel’s business, roughly 80% of their annual revenue is generated in the second half of the year with nearly 50% of their annual revenue coming in Q3, while approximately 90% of their annual operating profit, excluding charges, is generated in the second half of the year...With respect to DBA, the works council process continues to move forward and we remain on-track to begin implementing many of the integration actions in the fourth quarter."
12:12 EDTHBIHanesbrands says consumer environment playing out as expected
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