HanesBrands Reports Second-Quarter 2018 Financial Results

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Go back to HanesBrands Reports Second-Quarter 2018 Financial Results

Hanesbrands (HBI) PT Lowered to $25 at Deutsche Bank

August 2, 2018 8:37 AM EDT

Deutsche Bank lowered its price target on Hanesbrands (NYSE: HBI) to $25.00 (from $27.00) while maintaining a Buy rating.

Analyst Tiffany Kanaga commented, "HBI executed in 2Q with an in-line EPS vs. guidance (albeit a penny shy of elevated sell-side expectations) and also reiterated full year guidance, which we believe could have been enough to move the stock a bit higher under normal circumstances, considering very negative investor sentiment around the name. However, focus has... More

HanesBrands (HBI) Falls as Target (TGT) Champion C9 Contract to End

August 1, 2018 8:28 AM EDT

HanesBrands (NYSE: HBI) is down 11.3% in pre-open trade following a modest Q2 'miss' and news the company and Target Corporation (NYSE:... More

HanesBrands (HBI) Misses Q2 EPS by 1c; Reaffirms

August 1, 2018 6:19 AM EDT

HanesBrands (NYSE: HBI) reported Q2 EPS of $0.45, $0.01 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $1.72 billion versus the consensus estimate of $1.71 billion.

Company reaffirms full-year 2018 financial guidance. The company continues to expect full-year 2018 net sales of $6.72 billion to $6.82... More