5 Attractive Small/Midcaps Poised for Strong Returns [View article]
You must be joking about Hanes Brands. There is no option for sales growth, unless Walmart opens 5,000 new doors. They just announced they are laying off 500 people again at the Winston HDQ by Year 2008 end.. That leaves them with 2,000,employees at Hdq, only enough for a few more years. That is their business plan ,cut payroll and keep Walmart and Target customers that dictate prices. They are not interested in increasing sales. Also if the FTC ever finds about their pricing agreements to a select few, HBI could have a big problem with fair trade laws. I would keep away from HBI ,and invest in something with a solid business plan and descent management. The old hosiery management runs underwear, since the spin off, and will run whats left into the ground also.
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You must be joking about Hanes Brands. There is no option for sales growth, unless Walmart opens 5,000 new doors. They just announced they are laying off 500 people again at the Winston HDQ by Year 2008 end.. That leaves them with 2,000,employees at Hdq, only enough for a few more years. That is their business plan ,cut payroll and keep Walmart and Target customers that dictate prices. They are not interested in increasing sales. Also if the FTC ever finds about their pricing agreements to a select few, HBI could have a big problem with fair trade laws. I would keep away from HBI ,and invest in something with a solid business plan and descent management. The old hosiery management runs underwear, since the spin off, and will run whats left into the ground also.
Oct 30 02:20 am
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All Comments by Al Bino »5 Attractive Small/Midcaps Poised for Strong Returns [View article]