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Hanesbrands Inc - HBI STOCK NEWS

Welcome to our dedicated page for Hanesbrands news (Ticker: HBI), a resource for investors and traders seeking the latest updates and insights on Hanesbrands stock.

Overview of HanesBrands Inc

HanesBrands Inc is a socially responsible and vertically integrated apparel manufacturer and marketer, renowned for producing everyday basic and athletic wear under an array of globally recognized brands. Operating in a competitive apparel market, the company strategically leverages its extensive portfolio—ranging from innerwear and activewear to intimate and sports apparel—to address the daily needs of consumers worldwide. With deep expertise in both design and manufacturing, HanesBrands excels in maintaining quality control by producing a significant portion of its products in company-operated facilities across multiple countries.

Core Business Areas and Operations

The company’s business model centers on a robust supply chain that integrates production, distribution, and marketing. HanesBrands mints value by selling its products through diverse channels—including wholesale to discount, midmarket, and department store retailers, as well as direct-to-consumer avenues such as e-commerce and physical stores. This vertical integration facilitates not only stringent quality standards but also significant cost efficiencies. The presence of numerous iconic brands in its portfolio underscores its commitment to customer loyalty and market presence, while its operations remain resilient and evergreen in nature.

Brand Portfolio and Market Significance

HanesBrands Inc is home to a variety of established names in the apparel industry, delivering products that include innerwear, sportswear, and intimate apparel. Its diversified brand portfolio reflects a deep-rooted historical legacy combined with modern operational expertise. Each brand embodies a unique value proposition tailored to meet varying consumer preferences—from performance-driven athletic wear to comfortable basic garments for everyday use.

Operational Excellence and Global Distribution

Operational excellence is a cornerstone of HanesBrands' long-standing tradition. With a significant proportion of its apparel manufactured in company-controlled factories located in over three dozen nations, the company exhibits strong supply chain oversight and agile production capabilities. This extensive network positions HanesBrands as a major player capable of adapting to market demands, thereby establishing a reliable supply chain that serves both the Americas and Asia-Pacific regions comprehensively.

Industry Context and Competitive Edge

In a fluctuating global market, HanesBrands maintains its competitive edge through a commitment to quality, efficiency, and operational control. The company’s integrated manufacturing strategy minimizes reliance on third-party production, thus ensuring consistent product quality while reducing risks associated with supply chain fluctuations. Additionally, its diverse distribution channels and enduring brand strength enable it to effectively navigate a competitive landscape dominated by both legacy players and emerging challengers.

Commitment to Ethical Operations and Community Impact

Beyond its commercial pursuits, HanesBrands exemplifies ethical business practices by fostering a culture of integrity and commitment to societal welfare. The company’s efforts in corporate responsibility are evident in its sustainable practices and community-focused initiatives—highlighting a balanced approach that combines business efficiency with a focus on social impact. This balanced strategy not only elevates its market reputation but also builds long-term trust with its diverse stakeholder base.

Conclusion

Through its innovative manufacturing methods, comprehensive brand portfolio, and robust global distribution network, HanesBrands Inc continues to set benchmarks in the apparel industry. By aligning operational excellence with ethical business practices, the company remains a pivotal force in delivering everyday apparel essentials across the world. Its ability to integrate production, quality control, and market reach establishes HanesBrands as a stalwart in a dynamic and ever-evolving industry.

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HanesBrands Inc. has made significant progress towards its sustainability goals as highlighted in its 2023 Sustainability Summary Report. The company achieved a 53% reduction in absolute Scope 1 and 2 greenhouse gas emissions, a 41% reduction in intensity, and notable reductions in water use and packaging weight. HanesBrands aims to achieve zero waste by 2025 and use 100% renewable electricity by 2030. The company has also contributed to improving the lives of 3.4 million people globally and saved $23 million since establishing sustainability goals in 2020.
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HanesBrands renews exclusive rights to Duke University fanwear in the mass retail channel for another five years, solidifying its position as the largest supplier of collegiate fan apparel. The partnership extension showcases HanesBrands' commitment to supporting Duke's fanbase and expanding their market reach.
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Hanes, the No. 1 brand of basic apparel in the U.S., is launching a new 'The Great Softening' campaign featuring Hanes® Originals with SuperSoft fabrics. The collection aims to provide modern styles without compromising on comfort, utilizing luxurious bamboo viscose fabrics.
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HanesBrands (HBI) secures exclusive rights to design, manufacture, and distribute Ole Miss fanwear in the mass retail channel through a three-year extension of their current apparel partnership. The partnership includes more than two dozen elite schools and a dozen leading universities, showcasing HanesBrands' commitment to quality, innovation, and retail experiences.
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HanesBrands has achieved an A- score in climate change and water security for the second year in a row, showcasing its commitment to sustainability. The company's transparency and dedication to environmental impact have been recognized through CDP's annual sustainability disclosures, highlighting its leadership in addressing climate change and water security.
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Maidenform M introduces a new line of innerwear with a fresh advertising campaign, targeting young-minded consumers with bold colors and comfortable designs. The campaign celebrates female boldness and individuality, marking a new era for the brand.
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HanesBrands Inc. (HBI) exceeds year-end goals for 2023, despite a challenging sales environment. The company shows positive inflection in margins and leverage, with fourth-quarter gross margin up 400 basis points. Inventory improved by 31% year-over-year, generating $562 million in cash flow. Debt paydown exceeded $500 million in 2023, with year-end leverage lower than expected. The company reported fourth-quarter sales of $1.3 billion and provided 2024 guidance for strong profit and EPS growth.
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M&M'S, a part of the Mars family of brands, has released its Super Bowl LVIII ad, 'Almost Champions,' featuring Scarlett Johansson and NFL Legends Dan Marino, Terrell Owens, and Bruce Smith. The ad showcases the 'M&M'S Almost Champions Ring of Comfort' and aims to bring comfort to fans after the big game.
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HanesBrands (HBI) announced details for its fourth-quarter 2023 investor conference call and news release for financial results. The conference call will take place on February 15, 2024, with webcast and telephone participation options available.
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Hanes for Good™ deepens partnership with Super Soul Party, aiming to restore dignity to over 3,000 individuals experiencing homelessness. Hanes donates 3,000 socks and 3,000 shirts for 'dignity bags' in collaboration with Super Soul, amplifying the impact of the initiative. The partnership extends to 15 locations across the country, including Winston-Salem, near Hanes' global headquarters.
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FAQ

What is the current stock price of Hanesbrands (HBI)?

The current stock price of Hanesbrands (HBI) is $4.32 as of April 16, 2025.

What is the market cap of Hanesbrands (HBI)?

The market cap of Hanesbrands (HBI) is approximately 1.6B.

What is the core business of HanesBrands Inc?

HanesBrands Inc is a manufacturer and marketer of basic and athletic apparel, producing a range of products under its iconic brand portfolio. The company focuses on vertical integration, ensuring quality control through company-operated facilities.

How does HanesBrands Inc generate revenue?

The company generates revenue through a diversified business model that includes wholesale distribution to retailers and direct-to-consumer sales via physical stores and e-commerce platforms. Its vertically integrated operations enhance overall cost efficiency and quality management.

What types of products does HanesBrands Inc offer?

HanesBrands offers a variety of apparel products, including innerwear, active and athletic wear, and intimate apparel. Its diverse product range caters to everyday basics and performance-driven needs across various consumer markets.

How is HanesBrands Inc structured to maintain quality control?

The company maintains quality control through a vertically integrated manufacturing process, with a significant portion of its products produced in company-operated facilities across multiple countries. This enables strict oversight from production to distribution.

In which regions does HanesBrands Inc operate?

HanesBrands operates globally, with a strong presence in the Americas and Asia-Pacific regions. Its extensive manufacturing and distribution network allows the company to serve a wide range of markets efficiently.

How does HanesBrands Inc differentiate itself from competitors?

HanesBrands differentiates itself through its commitment to vertical integration, operational efficiency, and a diverse portfolio of established brands. This integrated approach not only ensures high quality but also helps it respond effectively to changing market demands.

What role does sustainability play in HanesBrands Inc's operations?

Sustainability is integrated into the company’s ethos and operational model, with efforts to reduce environmental impacts and engage in community initiatives. Although its primary focus is on producing quality apparel, ethical manufacturing and community support are important factors in its strategy.

Can you explain HanesBrands Inc's distribution strategy?

HanesBrands employs a multi-channel distribution strategy that includes wholesale to various retail segments as well as direct consumer sales through physical retail and digital platforms. This broad approach helps the company reach diverse consumer bases and markets globally.
Hanesbrands Inc

NYSE:HBI

HBI Rankings

HBI Stock Data

1.57B
347.12M
1.37%
98.34%
8.82%
Apparel Manufacturing
Retail-apparel & Accessory Stores
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United States
WINSTON-SALEM