- Shares of Hanesbrands (NYSE:HBI) shoot higher after the company matched analyst estimates with its Q3 report.
- Acquired business helped stoke growth rates during the quarter and management said organic sales in the key Innerwear segment rose 2%.
- Looking ahead, the company sees Q4 of $1.7B to $1.73B vs. $1.68B consensus.
- Previously: Hanesbrands EPS and revenue in-line (Oct. 27)
- HBI +10.71% to $26.35 vs. a 52-week trading range of $23.35 to $33.24.
Double-digit rally for Hanesbrands
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About HBI Stock
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Symbol | Last Price | % Chg |
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HBI | - | - |
Hanesbrands Inc. |