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. (formerly NYSE: HBI) has generated a steady flow of news as a global leader in everyday iconic apparel and innerwear. Company press releases describe HanesBrands as the No. 1 seller of innerwear and a socially responsible manufacturer of basics, with a portfolio that includes Hanes, Bonds, Maidenform, and Bali. For readers following the historical HBI story, the news record captures both operational developments and the corporate events that culminated in its acquisition by Gildan Activewear Inc.
Financial news items cover quarterly results, where HanesBrands reported net sales, gross margin, operating profit, and earnings per share, often alongside non-GAAP measures such as adjusted operating profit, adjusted EPS, EBITDA, adjusted EBITDA, and leverage ratio. These releases discuss factors like cost savings initiatives, supply chain optimization, assortment management, and foreign exchange impacts on U.S. and international segments. They also outline guidance ranges for net sales, operating profit, EPS, and cash flow, providing insight into how management framed its outlook during its final periods as a standalone public company.
Beyond earnings, HanesBrands’ news includes product and brand announcements. Examples include the launch of Hanes Moves, a cross-category athleisure collection under the Hanes brand, and the U.S. debut of the Australian Bonds underwear brand. These stories emphasize comfort, performance features, and the extension of established brands into new categories and markets. Other releases describe strategic initiatives such as refinancing 2026 debt maturities and a ten-year alliance with Infosys focused on AI-driven efficiency and modernization of HanesBrands’ digital and data landscape.
A major theme in later news is the transaction with Gildan Activewear Inc. Press releases and related communications announce the signing of the merger agreement, provide details on shareholder meetings and regulatory milestones, and confirm the closing of the acquisition. For users researching HBI news, this page serves as an archive of how HanesBrands communicated its financial performance, strategic initiatives, brand developments, and the steps leading to its integration into Gildan.
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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.
Hanes, America's leading underwear brand, has launched the "Make Yourself Comfortable" campaign, celebrating its legacy and introducing the Hanes Originals collection. This initiative recalls the brand's roots from 1901, presenting a modern twist on comfort and style.
The campaign features various ad formats, including a two-minute cinematic spot and three 30-second clips, all showcasing Hanes Originals against the backdrop of Victorian-era discomfort. The ads will debut during the NBA Playoffs on major networks such as ESPN and ABC.
Hanes highlights the importance of comfort in clothing, encouraging consumers to embrace their individuality. The campaign aligns with the broader branding strategy of reaching a diverse audience with modern essentials, available across major retailers and online.