Stock Track | Hanesbrands Stock Plummets 6.32% as Profitability Concerns Persist

Stock Track11-11

Hanesbrands Inc. (NYSE: HBI), the leading apparel company known for brands like Hanes and Champion, experienced a significant stock price drop of 6.32% on November 8, 2024, following the release of its Q3 2024 financial results.

While the company reported flat organic revenue and margin improvement driven by lower product costs, analysts expressed concerns about Hanesbrands' ability to achieve its long-term margin targets of 15%. Despite the completion of the Champion divestment and debt repayment, which initially boosted the stock by 18%, the company's historical performance raised doubts about its future profitability.

Additionally, higher SG&A expenses due to increased marketing and talent investments weighed on the company's financials. Despite the potential for growth in Q4 from promotions and new distribution points, analysts maintained a cautious stance, citing uncertainties surrounding Hanesbrands' long-term margin targets and profitability under current adjusted conditions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1134615838?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-11 02:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1134615838","market":"us","top_or_hot":-1,"title":"Stock Track | Hanesbrands Stock Plummets 6.32% as Profitability Concerns Persist","media":"Stock Track","content":"<p>Hanesbrands Inc. (NYSE: HBI), the leading apparel company known for brands like Hanes and Champion, experienced a significant stock price drop of 6.32% on November 8, 2024, following the release of its Q3 2024 financial results.</p>\n\n<p>While the company reported flat organic revenue and margin improvement driven by lower product costs, analysts expressed concerns about Hanesbrands' ability to achieve its long-term margin targets of 15%. Despite the completion of the Champion divestment and debt repayment, which initially boosted the stock by 18%, the company's historical performance raised doubts about its future profitability.</p>\n\n<p>Additionally, higher SG&A expenses due to increased marketing and talent investments weighed on the company's financials. Despite the potential for growth in Q4 from promotions and new distribution points, analysts maintained a cautious stance, citing uncertainties surrounding Hanesbrands' long-term margin targets and profitability under current adjusted conditions.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Hanesbrands Stock Plummets 6.32% as Profitability Concerns Persist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Hanesbrands Stock Plummets 6.32% as Profitability Concerns Persist\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-11 02:28 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hanesbrands Inc. (NYSE: HBI), the leading apparel company known for brands like Hanes and Champion, experienced a significant stock price drop of 6.32% on November 8, 2024, following the release of ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HBI","symbol_name":"哈尼斯品牌服装","start_time":0,"source_url":"","article_id":"1134615838","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1134615838","pubTimestamp":1731263306,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Hanesbrands Inc. , the leading apparel company known for brands like Hanes and Champion, experienced a significant stock price drop of 6.32% on November 8, 2024, following the release of its Q3 2024 financial results.While the company reported flat organic revenue and margin improvement driven by lower product costs, analysts expressed concerns about Hanesbrands' ability to achieve its long-term margin targets of 15%. Despite the completion of the Champion divestment and debt repayment, which in","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HBI":"哈尼斯品牌服装"},"translate_title":"由于盈利能力担忧持续存在，Hanesbrands股价暴跌6.32%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HBI":1},"content_text":"Hanesbrands Inc. (NYSE: HBI), the leading apparel company known for brands like Hanes and Champion, experienced a significant stock price drop of 6.32% on November 8, 2024, following the release of its Q3 2024 financial results.\nWhile the company reported flat organic revenue and margin improvement driven by lower product costs, analysts expressed concerns about Hanesbrands' ability to achieve its long-term margin targets of 15%. Despite the completion of the Champion divestment and debt repayment, which initially boosted the stock by 18%, the company's historical performance raised doubts about its future profitability.\nAdditionally, higher SG&A expenses due to increased marketing and talent investments weighed on the company's financials. Despite the potential for growth in Q4 from promotions and new distribution points, analysts maintained a cautious stance, citing uncertainties surrounding Hanesbrands' long-term margin targets and profitability under current adjusted conditions.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1134615838"}