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Hanesbrands Inc - HBI STOCK NEWS

Welcome to our dedicated news page for Hanesbrands (Ticker: HBI), a resource for investors and traders seeking the latest updates and insights on Hanesbrands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hanesbrands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hanesbrands's position in the market.

Rhea-AI Summary
Hanes, the No. 1 brand of basic apparel in the U.S., is launching a new 'The Great Softening' campaign featuring Hanes® Originals with SuperSoft fabrics. The collection aims to provide modern styles without compromising on comfort, utilizing luxurious bamboo viscose fabrics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
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none
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Rhea-AI Summary
HanesBrands (HBI) secures exclusive rights to design, manufacture, and distribute Ole Miss fanwear in the mass retail channel through a three-year extension of their current apparel partnership. The partnership includes more than two dozen elite schools and a dozen leading universities, showcasing HanesBrands' commitment to quality, innovation, and retail experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.11%
Tags
partnership
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Rhea-AI Summary
HanesBrands has achieved an A- score in climate change and water security for the second year in a row, showcasing its commitment to sustainability. The company's transparency and dedication to environmental impact have been recognized through CDP's annual sustainability disclosures, highlighting its leadership in addressing climate change and water security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
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none
Rhea-AI Summary
Maidenform M introduces a new line of innerwear with a fresh advertising campaign, targeting young-minded consumers with bold colors and comfortable designs. The campaign celebrates female boldness and individuality, marking a new era for the brand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.07%
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none
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Rhea-AI Summary
HanesBrands Inc. (HBI) exceeds year-end goals for 2023, despite a challenging sales environment. The company shows positive inflection in margins and leverage, with fourth-quarter gross margin up 400 basis points. Inventory improved by 31% year-over-year, generating $562 million in cash flow. Debt paydown exceeded $500 million in 2023, with year-end leverage lower than expected. The company reported fourth-quarter sales of $1.3 billion and provided 2024 guidance for strong profit and EPS growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.05%
Tags
earnings
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Rhea-AI Summary
M&M'S, a part of the Mars family of brands, has released its Super Bowl LVIII ad, 'Almost Champions,' featuring Scarlett Johansson and NFL Legends Dan Marino, Terrell Owens, and Bruce Smith. The ad showcases the 'M&M'S Almost Champions Ring of Comfort' and aims to bring comfort to fans after the big game.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.58%
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none
Rhea-AI Summary
HanesBrands (HBI) announced details for its fourth-quarter 2023 investor conference call and news release for financial results. The conference call will take place on February 15, 2024, with webcast and telephone participation options available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.33%
Tags
earnings
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Rhea-AI Summary
Hanes for Good™ deepens partnership with Super Soul Party, aiming to restore dignity to over 3,000 individuals experiencing homelessness. Hanes donates 3,000 socks and 3,000 shirts for 'dignity bags' in collaboration with Super Soul, amplifying the impact of the initiative. The partnership extends to 15 locations across the country, including Winston-Salem, near Hanes' global headquarters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
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none
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Rhea-AI Summary
HanesBrands (HBI) extends exclusive rights partnership with Georgia Tech in the mass retail channel, giving them exclusive rights to Georgia Tech fanwear. The multiyear extension includes a partnership with over two dozen elite schools and a dozen leading universities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
partnership
Rhea-AI Summary
HanesBrands (HBI) has been running a successful back-to-school program in the Dominican Republic since 2007, delivering school kits to over 135,000 students. In 2023 alone, the program helped more than 11,000 children, with nearly 4,700 children in Santo Domingo and Bonao, and over 6,600 children of HanesBrands' associates receiving school kits. The initiative aims to provide essential school supplies to students between the ages of 3 and 18, contributing to a positive student experience and reducing school dropout rates. Freddy Vanderpool, senior manager of human resources at HanesBrands Dominican Republic, highlighted the program's focus on values education, including environmental responsibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.04%
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none
Hanesbrands Inc

NYSE:HBI

HBI Rankings

HBI Stock Data

1.97B
349.02M
0.85%
89.48%
12.98%
Hosiery and Sock Mills
Manufacturing
Link
US
Winston Salem

About HBI

hanesbrands is a socially responsible manufacturer and marketer of leading everyday basic apparel under some of the world's strongest apparel brands. our innerwear and activewear apparel brands include hanes, champion, playtex, bali, maidenform, flexees, jms/just my size, barely there, wonderbra and gear for sports. in addition, our international brands include zorba, sol y oro, rinbros, track n field and ritmo. based in winston-salem, n.c., hanes is ranked no. 512 on the fortune 1000 list with more than $4.5 billion in sales in 2012 and has approximately 51,500 employees in more than 25 countries. we bought maidenform brands, inc., in october 2013, adding the maidenform, lilyette and flexees intimate apparel brands to our portfolio. hanesbrands strives to attract and retain great people with a passion to do their best, guided by the high ethical standards fitting one of the world’s apparel leaders. we have consciously built a culture of integrity, and our people have a passion for