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HBI / Hanesbrands responds to activist investor's call for change, reiterates commitment to boosting shareholder value

Hanesbrands responds to activist investor's call for change, reiterates commitment to boosting shareholder value
Hanesbrands Inc. HBI, -2.25% responded to activist investor Barington Capital's urging for change, by reiterating its priority to deliver “sustainable value creation for shareholders.” Barington said the “destruction in value” resulting from the stock's plunge over the past year was due to the underwear maker's “largely ineffective response” to market challenges, poor operating performance and excessive debt. Read More
Posted: Aug 8 2023, 08:21
Author Name: Market Watch
Views: 110294

HBI News  

Hanesbrands is shopping Champion — and WHP Global, Authentic Brands Group are both interested in buying

By CNBC
November 1, 2023

Hanesbrands is shopping Champion — and WHP Global, Authentic Brands Group are both interested in buying

Hanesbrands is considering a sale of its Champion sportswear brand and WHP Global and Authentic Brands Group are both interested in buying it. more_horizontal

Hanesbrands: Still Falling Short

By Seeking Alpha
October 20, 2023

HanesBrands Provides Details for Third-Quarter 2023 Earnings Announcement and Investor Conference Call

By Business Wire
October 19, 2023

HanesBrands Provides Details for Third-Quarter 2023 Earnings Announcement and Investor Conference Call

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today provided details for its third-quarter 2023 investor conference call at 8:30 a.m. more_horizontal

2 Stocks Left for Dead That Could Be Ready to Rocket Higher

By The Motley Fool
October 15, 2023

2 Stocks Left for Dead That Could Be Ready to Rocket Higher

The stock market sometimes takes things a little too far. AT&T is facing legitimate challenges, but the stock is extremely cheap based on free cash fl more_horizontal

Hanesbrands (HBI) Battles Macro-Driven Slowdown & High Costs

By Zacks Investment Research
October 13, 2023

Hanesbrands (HBI) Battles Macro-Driven Slowdown & High Costs

Hanesbrands (HBI) is grappling with a rising inflationary environment. The challenging apparel market, mainly in Australia, is a concern. more_horizontal

Penny Stocks To Buy Now? 8 To Watch With Unusual Options Action

By PennyStocks
October 13, 2023

Penny Stocks To Buy Now? 8 To Watch With Unusual Options Action

Penny stocks, defined as equities under $5 per share, offer huge upside potential but also higher risk. Savvy traders look for signals from options ac more_horizontal

5 Penny Stocks To Buy For Under $5 With Unusual Options Action

By PennyStocks
October 11, 2023

5 Penny Stocks To Buy For Under $5 With Unusual Options Action

If you're looking for penny stocks to buy today, broad stock market news might not be at the top of your mind. However, whether focusing on small cap more_horizontal

Why Hanesbrands Stock Is Sinking This Week

By The Motley Fool
September 29, 2023

Why Hanesbrands Stock Is Sinking This Week

Investors are weighing the implications of Hanesbrands potentially selling off its Champion unit. Hanesbrands stock is also being impacted by concerns more_horizontal


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