Welcome to our dedicated page for Hanesbrands news (Ticker: HBI), a resource for investors and traders seeking the latest updates and insights on Hanesbrands stock.
Hanesbrands Inc. became Hanesbrands LLC after its acquisition by Gildan Activewear Inc., marking a corporate-status change for the former NYSE-listed apparel issuer. The company’s historical business centered on everyday apparel and innerwear through brands including Hanes, Bonds, Maidenform and Bali, supported by a manufacturing footprint in which it owned the majority of its worldwide production facilities.
Hanesbrands news has covered quarterly operating results, gross margin and sales trends, supply-chain consolidation and optimization actions, tariff-related cost commentary, debt refinancing and leverage reduction. Other recurring developments include material agreements, capital-structure updates and technology collaborations such as its long-term IT, business applications and data alliance with Infosys.
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HanesBrands has launched an upcycle program in Surin, Thailand, aimed at reducing waste and fostering local community development. The initiative is projected to prevent 240 tons of waste from entering landfills annually by collaborating with local vendors to create sellable products from excess materials. This aligns with the company's sustainability goals and its objective to enhance the lives of 10 million individuals by 2030. Plant Manager Kamalraj Ramadoss highlighted the community's engagement and innovation, while Chris Fox, Chief Sustainability Officer, remarked on the initiative's role in fortifying community ties. The project reflects HanesBrands' commitment to a zero-waste circular economy.
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HanesBrands (NYSE: HBI) has scheduled its first-quarter 2023 investor conference call for 8:30 a.m. ET on May 3, 2023. The call will provide insights into the financial results for the quarter ended April 1, 2023. Investors can register for the call online to receive a confirmation email with dial-in details. The conference will feature prepared comments followed by a Q&A session, concluding by 9:30 a.m. ET. A replay of the call will be available on the HanesBrands investor relations website after the event. HanesBrands is recognized for its quality apparel, employing 51,000 associates globally, with a strong focus on sustainability and ethical business practices.