: : Hanesbrands stock rallies on hiked outlook #FinanceUSA #StockMarketNEWS Hanesbrand Inc.’s HBI stock rallied in the extended session Thursday after the apparel company hiked its outlook, and announced
@stockMarketNEWS 17 Days ago
: Hanesbrands stock rallies on hiked outlook #FinanceUSA #StockMarketNEWS
Hanesbrand Inc.’s HBI stock rallied in the extended session Thursday after the apparel company hiked its outlook, and announced a search for a new chief financial officer. Hanesbrands shares much as 8% after hours, following a 1% decline to close at .95. The company said it expects fourth quarter sales to be “slightly above� the top end of its outlook range of .4 billion to .45 billion. The company also forecast fourth-quarter adjusted earnings of 4 cents to 11 cents a share. Analysts surveyed by FactSet expect earnings of 7cents a share on revenue of .42 billion, Hanesbrands also said CFO Michael Dastugue resigned, effective Feb. 28, 2023 for family reasons. Scott Lewis, Hanesbrand chief accounting officer, will serve as interim CFO until a successor is found.
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