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HanesBrands Revises 2016 Guidance Higher To Reflect M&A Activity
Wednesday, June 1, 2016 - 8:54am | 267Hanesbrands Inc. (NYSE: HBI) announced late Tuesday afternoon an update to its full year 2016 financial guidance following its acquisition of Champion Europe and Pacific Brands Limited. Hanes previous guided its full year earnings per share to be $1.90 on revenue of $5.84 billion. The company...
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Investors Cheer HanesBrands New Buyback Program And Acquisition
Thursday, April 28, 2016 - 11:20am | 344Shares of Hanesbrands Inc. (NYSE: HBI) gained more than 9 percent Thursday morning after the company announced a new acquisition and a share buyback program. Hanesbrands said it has entered into an agreement to acquire Pacific Brands Limited, an Australia-based seller of underwear and intimate...
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HanesBrands Gains 4% Following Acquisition Of Champion Europe
Thursday, April 7, 2016 - 1:50pm | 293Shares of Hanesbrands Inc. (NYSE: HBI) were trading higher by more than 4 percent on Thursday after the company announced it has agreed to acquire Champion Europe. Champion Europe designs and sells athletic apparel under the 'Champion' brand to retailers and consumers through its...