Shares of Hanesbrands (HBI -8.2%) fall after the company confirmed its full-year 2011 diluted...

|About: Hanesbrands Inc. (HBI)|By:, SA News Editor

Shares of Hanesbrands (HBI -8.2%) fall after the company confirmed its full-year 2011 diluted EPS guidance of $2.70-$2.90, and says it sees pressure on margins from cotton prices and potential wage hikes in Central America, China and Vietnam. A planned price increase to dampen those costs may reduce sales, analysts say.