$Hanesbrands (HBI.US)$Hanesbrands has agreed to sell the Champion brand to Authentic Brands Group for $1.2 billion. The deal could increase to $1.5 billion if a contingent cash consideration of up to $300 million is fulfilled. This requires the brand to reach performance goals after the sale. Hanesbrands notes that it will receive net proceeds of $900 million from this deal. The company says that it intends to use all of the funds gained from ...
Trytosaveabit
OP
Tianhaoyun
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It will definitely make future quarterly reports look good! Hehehe! I really thought it woulda got way more attention? Maybe it will be a delayed reaction after the jobs numbers and non farm payroll numbers? GL
$Hanesbrands (HBI.US)$needs to do as other companies have recently and prepare to reverse split the stock.. this will be beneficial for many reasons.. mainly they will be doing it on their own terms.. if the company waits until were under a dollar and is forced, its seen as weaknes and reactionary.. we need to be proactive.. ive added a link for an article posted on nasdaq’s website. The Impact of Reverse Splits on Low-Priced Stocks everyone that owns shares should send the sto...
$Hanesbrands (HBI.US)$has initially agreed to sell Champion for a little more than 1 Bil.. this would be a good time to use the cash from the sale to pay down debt..
Hanesbrands' declining revenue and negative growth outlook may pose a risk to the share price. The current P/S ratio suggests potential investors may be paying a premium for the stock, risking future disappointment if the P/S falls in line with the negative growth outlook.
Hanesbrands' significant drop in share price and earnings per share over the past five years indicates negative market sentiment. The company's underperformance compared to the broader market's 23% gain last year further underscores its weak performance.
Hanesbrands Stock Forum
Hanesbrands notes that it will receive net proceeds of $900 million from this deal. The company says that it intends to use all of the funds gained from ...
if the company waits until were under a dollar and is forced, its seen as weaknes and reactionary..
we need to be proactive.. ive added a link for an article posted on nasdaq’s website.
The Impact of Reverse Splits on Low-Priced Stocks
everyone that owns shares should send the sto...
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