HBI - Hanesbrands +5% After Q1 Results - Here's Why | Benzinga
Hanesbrands Inc. (NYSE:HBI) shares are trading higher on Thursday.
The company reported a first-quarter adjusted loss per share of two cents, narrower than the analyst consensus for a loss of 7 cents.
Quarterly revenues of $1.156 billion missed the street view of $1.185 billion. As compared to prior year, net sales decreased approximately 17%, with approximately 120 basis points due to the U.S. Sheer ...