US36237H1014 - Common Stock
Shares of the apparel retailer fell on weak top-line growth and disappointing guidance.
Hanesbrands stock surges 3.5% as their Champion brand attracts several bids in a sales process, with a starting bid set at $1.4 billion.
The apparel sector rallies as Ralph Lauren and Tapestry report strong earnings, boosting investor confidence for the holiday quarter. Read more.
Hanesbrands is nearing the completion of the sale of its Champion segment, with bids due by Feb. 21.
Read about the analysis from Barclays on the retail sector's demand stabilization in 2024 and their advice for investors. Read more.
Consumer discretionary stocks take a big chunk of consumer spending during the holiday season. It's time to look at them while it's early.
G-III Apparel reported better-than-expected earnings and increased full fiscal year guidance.
G-III Apparel Group appoints Dana Perlman as Chief Growth and Operations Officer, bringing her extensive experience in investment banking and retail groups.
G-III Apparel beats Q3 earnings estimates with Non-GAAP EPS of $2.78, but revenue of $1.07B falls short, missing expectations by $60M.