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Hanesbrands Inc. (0J2X.L)

LSE - LSE Delayed price. Currency in USD
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17.93-0.23 (-1.27%)
At close: 6:55PM GMT
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  • T
    Turbo
    This was the most informative conference call I have listened to from Hanes in 13 years. Listening to the conference call, in my opinion, they made the correct decision to hire Steve Bratspries. I would encourage you to listen to the conference call or read the transcript when it becomes available. He provided detailed information regarding the "Full Potential Plan," It's obvious he has experience in operation efficiency, productivity, and brand management.

    He was very impressive in providing details on the future strategic plan which included reducing poor-performing SKU's, supply chain efficiency, improving product mix, marketing to the younger generation, and focusing on consumer wants and needs. It is obvious; he understands marketing and brand management. Hanes has many iconic brands, but it has to be what the consumer wants, at the right price, at the right time, when the consumer wants it which will be part of his strategy.

    It appears he is action-orientated verse talking the talk. He has brought in new talent to assist in executing strategy. They have formed 20 teams to focus on 20 strategic initiatives to fuel future growth through a cost-saving self-funded growth. He provided more details on the current business status and future growth strategies. He stated Hanes will provide additional detailed information regarding the strategic plan at the May investors conference. I'm looking forward to additional details! Good Luck!
  • R
    Robert
    An apparel company making a comeback
    Hanesbrands was able to offset tumbling sales of innerwear and activewear during the worst of the pandemic in 2020 by spinning up a personal protective equipment business. The company depends heavily on brick-and-mortar retailers, so pandemic restrictions and consumers' shifting to e-commerce did Hanesbrands no favors.
    Things are now starting to look up for the apparel manufacturer, and the stock market has taken notice. The stock surged nearly 25% last Tuesday in reaction to a fourth-quarter report that checked all the boxes. U.S. innerwear sales soared 13% excluding PPE, and activewear sales were up 7% excluding the impact of business exits.
    Notably, Hanesbrands no longer sees PPE as a long-term growth opportunity. Instead, the company will focus on growing its thriving Champion brand, going after younger consumers, simplifying its portfolio of products, and building out a bigger e-commerce business.
    Hanesbrands stock has been trending downward for the past five years or so, and it would still need to rise another 50% to come close to its all-time high. The new strategy could deliver those gains, especially considering the beaten-down valuation. With analysts expecting adjusted earnings per share of $1.60 this year, Hanesbrands stock trades for just 11.5 times earnings.
    If Hanesbrands can successfully grow earnings and convince investors that there's a real long-term growth story, the stock could easily deliver market-beating returns. Now's the time to invest in this value stock on the rise.0
  • P
    PHISH
    Congrats to all longs who stayed it - looks like a good quarterly result.
  • g
    gilmaj7
    I had a cost bases of $14.40 and just sold this morning at $19.11. This stock is now much closer to fairly valued and its time to find another underappreciated company. Thank you hanes for the great performance!
  • D
    DENNIS
    I have held this stock and accumulated on dips for several years and just recently got into the green. I hold it for its low PE, high dividend and the fact it actually has a product I can understand and use. When everything else collapses, I know this stock will become that much more popular with those looking for a safe harbor and steady income. On the other hand, getting a 20% bounce is a real tonic for this old guy.
  • A
    A democrat
    Long term investor, sold yesterday. Reason: not sure I understand how they built up $400M in PPE inventory (cash spent) to now write it off. Should have determined it was not a long term opportunity before spending the shareholders money on the inventory.... Left me skeptical they can tell what are good businesses versus not...
  • A
    Amy
    Now we see what happens when strong brands meet intelligent capable management.

    Have a good day Hanes holders.

    And stay safe.
  • M
    Michael
    ...so the country opens back up for business, and all the quarantiners realize they need to replace their tattered undergarments? I wish all investment plays were this easy. I suspect we will touch $30...
  • J
    Joe
    WoW, I'm getting a mega rise in my Hanes this morning!
  • E
    Eric
    I’m hoping the market overreacts to the GAAP numbers. This is a quality company with good margins and average growth. I’m adding on any pullbacks here!
  • A
    Amy
    Somebody knows. Volume is picking up.

    Good luck tomorrow morning!!
  • h
    hinten
    The Best 8 Work From Home Stocks To Buy Right Now For details https://youtu.be/KlbdcMnBESo
    For most of us, working in an office is the cornerstone of what it means to be employed, but the events of 2020 signified an extreme shift in the age-old tra...
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  • A
    Amy
    This stock trades at 11.5X covid depresses EPS (for 2020). And yields 3.9%.

    Perhaps that reflects the bad 2020 year?
  • P
    PHISH
    I’d like to get some other’s perspectives on how this quarterly report will pan-out. I had my shares called away right before the last report (which worked out well), I then bought back in after the drop and just recently sold those after this latest run-up to $16. I’m now trying to decide what I want to do going into earnings again (I’m thinking about sitting on the sidelines). My hunch is that earnings will disappoint again (I use the “sales” prices on Amazon as my litmus test for this and both Champion and Hanes are heavily discounted right now), but I also wonder what the new CEO will have to say about the future since they have this study going on - that could provide a nice pop. Wanted to see what some of you other folks are planning to do...
  • p
    papad
    Watch out your overnight positions . Market is overbought and is about to retrace
  • R
    Robert
    X-Dividend tomorrow...$.15 per share🙂
  • J
    Jack
    Perhaps that $1 million inside buyer knew more than we did?
  • P
    PAT
    Should trade between 18-22. Jmo. Divy while waiting. Really like company, am glad they are keeping steady!
  • C
    Chris
    Gap at 16 to be filled
  • J
    Joe
    Ya know.....Schwab is showing about 8% short interest. Hey Reddit gang......how 'bout a little help here too?