Hanesbrands Inc. Common Stock (HBI)
Frequently Asked Questions About Hanesbrands Inc. Common Stock (HBI)
Has Hanesbrands Inc. acquired any other companies recently?
Yes, Hanesbrands Inc. has a history of strategic acquisitions to expand its brand portfolio and market presence. In recent years, the company has acquired several brands and assets that complement its existing offerings, enhancing its ability to capture consumer trends and preferences. These acquisitions help streamline operations and improve market competitiveness.
How has Hanesbrands Inc. performed financially in recent years?
Hanesbrands Inc. has demonstrated a solid financial performance in recent years, showcasing revenue growth and profitability despite challenges in the retail sector. The company's business model, which includes a mix of direct-to-consumer and wholesale channels, has allowed it to adapt to changing consumer preferences and market conditions, contributing to its resilience and steady performance.
How many employees does Hanesbrands Inc. have?
Hanesbrands Inc. employs approximately 60,000 individuals worldwide, working across various functions including manufacturing, marketing, and distribution. The company's workforce is diverse, contributing to its innovative product development and customer service initiatives, which are vital for maintaining its competitive edge in the global apparel market.
Is Hanesbrands Inc. publicly traded?
Yes, Hanesbrands Inc. is publicly traded on the New York Stock Exchange under the ticker symbol HBI. The company went public in 2006, and since then, it has provided investors with opportunities to participate in its growth and development within the global apparel industry.
What are Hanesbrands Inc.'s community engagement efforts?
Hanesbrands Inc. is committed to community engagement and social responsibility through various initiatives and programs. The company supports educational initiatives, disaster relief efforts, and charitable contributions focused on health and wellness, sustainability, and empowering underserved communities. These efforts align with its mission to create positive impacts in the communities where it operates.
What are the growth strategies of Hanesbrands Inc.?
Hanesbrands Inc. employs several growth strategies, including expanding its product lines, investing in marketing initiatives, and enhancing its e-commerce presence. The company also focuses on entering new international markets, capitalizing on emerging consumer trends, and leveraging its strong brand equity to innovate and diversify its offerings in the apparel sector.
What brands are owned by Hanesbrands Inc.?
Hanesbrands Inc. owns a diverse portfolio of well-known apparel brands, including Hanes, Champion, Bali, Playtex, Maidenform, and JMS/Just My Size. These brands cater to various market segments, offering products ranging from everyday underwear to athletic wear and specialty clothing designed for comfort and style.
What challenges does Hanesbrands Inc. face?
Hanesbrands Inc. faces challenges such as fluctuations in raw material costs, evolving consumer preferences, and increased competition from both fast fashion brands and direct-to-consumer companies. Additionally, the company must navigate the complexities of global supply chains and regulatory environments, which can impact production and distribution. Staying agile and responsive to these challenges is key to its success.
What does Hanesbrands Inc. do?
Hanesbrands Inc. is a leading global apparel company known for its high-quality underwear, activewear, and hosiery. Headquartered in Winston-Salem, North Carolina, it designs and sells a variety of clothing and accessories under well-known brands such as Hanes, Champion, Bali, Playtex, and Maidenform. The company focuses on producing comfortable and stylish everyday apparel for consumers around the world.
What future plans does Hanesbrands Inc. have?
Hanesbrands Inc. plans to continue its growth trajectory by focusing on expanding its product offerings and enhancing its digital presence. The company aims to strengthen its sustainable practices, capitalize on emerging market opportunities, and invest in innovative technologies to improve operational efficiency. Future initiatives will likely include further diversification of its product lines and enhancing customer experiences through digital strategies.
What is Hanesbrands Inc.'s approach to innovation?
Hanesbrands Inc. employs a robust approach to innovation, focusing on developing new products that combine comfort, style, and technology. The company invests in research and development to enhance fabric technology, leading to moisture-wicking, odor-resistant, and sustainable materials. This commitment to innovation helps the company stay ahead in the competitive apparel industry.
What is Hanesbrands Inc.'s sustainability strategy?
Hanesbrands Inc. has a comprehensive sustainability strategy aimed at reducing its environmental footprint and promoting responsible sourcing. The company focuses on initiatives such as reducing water usage, eliminating waste, and using sustainable materials in its products. It also emphasizes ethical labor practices throughout its supply chain, aiming for transparency and accountability.
What is the competitive landscape for Hanesbrands Inc.?
The competitive landscape for Hanesbrands Inc. includes a mix of established apparel companies and emerging brands that cater to similar consumer markets. Key competitors include Jockey, Fruit of the Loom, and various fast fashion retailers. To maintain its competitive edge, Hanesbrands Inc. relies on its extensive brand portfolio, focus on quality and comfort, and continuous innovation in product development.
What is the stock symbol for Hanesbrands Inc.?
The stock symbol for Hanesbrands Inc. is HBI. It is traded on the New York Stock Exchange (NYSE). Investors can buy and sell shares of Hanesbrands Inc. under this ticker symbol, making it easy to track the company’s stock performance on the market.
What markets does Hanesbrands Inc. operate in?
Hanesbrands Inc. operates in both domestic and international markets, selling products in North America, South America, Europe, Asia, and Australia. The company's extensive distribution network allows it to reach a wide audience through department stores, specialty retailers, and e-commerce platforms, making its products accessible to consumers worldwide.
What trends are impacting Hanesbrands Inc.?
Hanesbrands Inc. is influenced by various trends, such as the growing demand for sustainable and ethically produced apparel, the rise of athleisure wear, and the increasing importance of e-commerce. As consumers become more health-conscious and style-focused, the company has adapted its product offerings to meet these evolving preferences while also embracing digital transformation in its marketing and sales strategies.
What types of products does Hanesbrands Inc. offer?
Hanesbrands Inc. offers a wide range of products, primarily focusing on everyday apparel such as underwear, activewear, socks, and hosiery. The company’s product lines include items for men, women, and children, emphasizing comfort, quality, and innovative fabrics. Their Champion brand also targets the athletic and sportswear market.
When was Hanesbrands Inc. founded?
Hanesbrands Inc. was founded in 1901 as the Hanes Knitwear Company. The company originally started as a producer of hosiery and has since evolved into a major player in the global apparel market. The renaming to Hanesbrands Inc. occurred in 2006 when the company became publicly traded, showcasing its wide-ranging brand portfolio that encompasses various categories of clothing.
Where is Hanesbrands Inc. based?
Hanesbrands Inc. is based in Winston-Salem, North Carolina, USA. This location serves as the headquarters for the company's operations, including its design, marketing, and corporate functions. The choice of North Carolina is significant as it has a rich history in textile manufacturing, aligning with the company’s core business.
What is the current price of Hanesbrands Inc. Common Stock?
The current price of Hanesbrands Inc. Common Stock is 5.950
When was Hanesbrands Inc. Common Stock last traded?
The last trade of Hanesbrands Inc. Common Stock was at 4:10 pm EDT on April 2nd, 2025
What is the market capitalization of Hanesbrands Inc. Common Stock?
The market capitalization of Hanesbrands Inc. Common Stock is 2.08B
How many shares of Hanesbrands Inc. Common Stock are outstanding?
Hanesbrands Inc. Common Stock has 349.15M shares outstanding.