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home / news releases / HBI - Hanesbrands: Not An Opportunity Even After The Recent Drop

HBI - Hanesbrands: Not An Opportunity Even After The Recent Drop

Hanesbrands Inc.

2024-04-02 22:50:24 ET

Summary

  • Hanesbrands is considering selling its Champion brand and focusing on its innerwear segment due to financial difficulties.
  • The company's apparel segment, particularly the Champion brand, has experienced declining sales and margins.
  • Hanesbrands faces significant balance sheet risks with high levels of debt and a small equity compared to goodwill and intangibles.

Hanesbrands ( HBI ) is an apparel manufacturer that owns Hanes, Champion, and other apparel and innerwear brands....

For further details see:

Hanesbrands: Not An Opportunity Even After The Recent Drop
Stock Information
Company Name: Hanesbrands Inc.
Stock Symbol: HBI
Market: NYSE
Website: hanes.com
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