Hanesbrands Inc. (HBI) designs, manufactures, sources, and sells a range of basic apparels for men, women, and children in the United States.
The company operates through four segments: Innerwear, Activewear, Direct to Consumer, and International.
It sells bras, panties, shapewears, hosiery, mens underwear, childrens underwear, and socks; and other activewear, such as T-shirts, fleece, sport shirts, performance T-shirts and shorts, sports bras, and thermals, as well as licensed logo apparel in collegiate bookstores and other channels.
The company licenses its Champion name for footwear and sports accessories. It provides its products primarily under the Hanes, Bali, Playtex, Maidenform, JMS/Just My Size, Leggs, Flexees, barely there, Wonderbra, Lilyette, Donna Karan, DKNY, Champion, Polo Ralph Lauren, C9 by Champion, Gear for Sports, Hanes Beefy-T, Duofold, DIM, Nur Die/Nur Der, Lovable, Zorba, Kendall, Rinbros, Shock Absorber, Sol y Oro, Abanderado, Track N Field, and Ritmo brand names.
The company markets its products through retailers, wholesalers, and third party embellishers, as well as directly to consumers. As of January 3, 2015, it operated 250 outlet stores in the United States; and Websites under the Hanes, One Hanes Place, JMS/Just My Size, Champion, and Maidenform names.
The company also sells its products in Europe, Asia, Latin America, Canada, Australia, the Middle East, Africa, and the Caribbean.
Shares have formed a bullish "wedge" and higher share prices are expected for this stock.
52-Weeks Trading Range: $25.92 - $34.80
Entry Point: $29.20
Stop Loss: $27.70
Target Price: $32.10
HBI closed at $28.35. Proceeds will be used in other stocks.