Hanesbrands (HBI) PT Raised to $40 at Credit Suisse

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HanesBrands Reports Third-Quarter 2015 Financial Results

October 28, 2015 4:05 PM EDT

Seventh Consecutive Quarter of Record Results Net Sales of $1.59 Billion Increased 14%, Adjusted Operating Profit of $251 Million Increased 16%, and Adjusted Earnings per Share of $0.50 Increased 16% Company Increases 2015 Guidance for Adjusted Operating Profit and Adjusted EPS; Adjusted EPS Expectation of $1.66 to $1.68 is 17% to 18% Higher than 2014 Company Repurchased 10.7 Million Shares of Stock in Third Quarter for $311 Million

WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- HanesBrands (NYSE: HBI), a leading global marketer of everyday basic apparel under world-class brands, today... More