Edition:
United States

HanesBrands Inc (HBI.N)

HBI.N on New York Stock Exchange

20.84USD
4:02pm EDT
Change (% chg)

$0.38 (+1.86%)
Prev Close
$20.46
Open
$20.24
Day's High
$20.89
Day's Low
$20.24
Volume
864,646
Avg. Vol
1,487,587
52-wk High
$30.42
52-wk Low
$18.92

Latest Key Developments (Source: Significant Developments)

Hanesbrands says CEO reports purchase of 20,000 shares at avg price of $25.74/share
Wednesday, 10 Aug 2016 06:58am EDT 

Hanesbrands Inc :Hanesbrands says CEO Richard Noll reports open market purchase of 20,000 shares of co's common stock at average price of $25.74 per share on August 9.  Full Article

Hanesbrands entered into a syndicated facility agreement on July 4 - SEC Filing
Thursday, 7 Jul 2016 05:02pm EDT 

Hanesbrands Inc: Syndicated facility agreement consists of a A$200 million Australian term a-1 loan facility, A$200 million Australian term a-2 loan facility . Syndicated facility agreement also consists of A$65 million Australian revolving facility . Australian term a-1 loan facility matures on July 7, 2019. . On July 4, entered into a syndicated facility agreement, a joinder to its third amended and restated credit agreement . Australian term a-2 loan facility and Australian revolving facility mature on July 7, 2021 .Australian term loan facilities will be used to finance a portion acquisition of pacific brands limited.  Full Article

HanesBrands names Gerald Evans CEO
Monday, 13 Jun 2016 08:00am EDT 

HanesBrands Inc :Chairman & CEO Richard Noll narrowing his role to executive chairman and chief operating officer Gerald Evans assuming role of CEO.  Full Article

Hanesbrands sees FY GAAP earnings per share $1.51 to $1.57
Tuesday, 31 May 2016 07:06pm EDT 

Hanesbrands Inc : Hanesbrands updates 2016 financial guidance to reflect pending acquisitions . Sees FY 2016 GAAP earnings per share $1.51 to $1.57 . An annualized basis, expects acquisitions of Champion Europe and Pacific Brands to contribute approximately $800 million in net sales . Sees FY 2016 non-GAAP earnings per share $1.89 to $1.95 .Sees FY 2016 sales about $6.15 billion to $6.25 billion.  Full Article

HanesBrands Prices Offering of Euro-Denominated Notes
Thursday, 19 May 2016 11:06am EDT 

HanesBrands : Unit set pricing of its offering of EUR500 million aggregate principal amount of 3.5 percent unsecured notes maturing 2024 . Aggregate principal amount of notes to be issued in previously announced offering increased from EUR450 million to EUR500 million .Hanesbrands Prices Offering Of Euro Denominated notes.  Full Article

Hanesbrands announces offering of Euro-denominated notes
Tuesday, 17 May 2016 11:09am EDT 

Hanesbrands Inc : Announces offering of Euro-denominated notes . Indirect wholly-owned unit, Hanes Finance Luxembourg planning to offer EUR450 million amount of unsecured notes due 2024 in private offering .To use net proceeds, cash on hand and future debt financings, to finance acquisitions of Champion Europe and Pacific Brands Limited.  Full Article

HanesBrands Inc announces proposed senior notes offering
Tuesday, 3 May 2016 07:41am EDT 

HanesBrands Inc:Planning to offer $1.5 billion in aggregate principal amount of senior notes due 2024 and 2026.  Full Article

HanesBrands Inc to acquire Pacific Brands Limited
Thursday, 28 Apr 2016 06:00am EDT 

HanesBrands Inc:HanesBrands to acquire Pacific Brands Limited; hold investor conference call today.Cash transaction values publicly traded Pacific Brands Limited at US$800 million.All-Cash transaction is expected to be immediately accretive to adjusted earnings per share.Acquisition projected to deliver full benefits within 3 years, attaining adjusted operating profit of approximately US$100 million.Acquisition is projected to deliver full benefits within three years, contributing approximately US$0.25 to Hanes' adjusted EPS.Entered into a definitive agreement to acquire Pacific Brands Limited.Transaction would pay Pacific Brands shareholders AUD1.15 per share.Intends to divest Tontine Pillow business and Dunlop flooring business.  Full Article

HanesBrands Inc announces share repurchase and quarterly dividend
Wednesday, 27 Apr 2016 04:05pm EDT 

HanesBrands Inc:Declared a regular quarterly cash dividend of $0.11 per share and approved a new share-repurchase authorization for up to 40 million shares.Regular quarterly cash dividend of $0.11 per share will be paid June 7, 2016.New repurchase plan authorizes the company to buy up to 40 million shares, valued at more than $1 billion.Company repurchased nearly 38 million shares under that authorization.  Full Article

HanesBrands Inc to acquire champion Europe, uniting champion brand globally
Thursday, 7 Apr 2016 06:00am EDT 

HanesBrands Inc :To acquire champion Europe, uniting champion brand globally.Says purchase price will be 10 times actual calendar 2016 earnings before interest, taxes, depreciation and amortizatio.Says champion in Europe will be run as a division of the company's global champion organization.Says champion Europe expects 2016 net sales of more than EUR190 million.Hanes intends to fund the acquisition with debt, consistent with its previously communicated capital allocation strategy.Sauro mambrini, CEO and president of champion Europe, will remain with Hanesbrands to oversee champion Europe operations.Says after the acquisition closes, hanes will update its 2016 financial guidance.Agreed to acquire the privately held champion Europe, based in Italy, in an all-cash transaction.  Full Article

More From Around the Web

BRIEF-Hanesbrands CEO Gerald Evans' FY 2016 total compensation was $9.2 mln

* CEO Gerald Evans' FY 2016 total compensation was $9.2 million - sec filing