Strategist Shorts HanesBrands After Q2 Earnings And Expects This Retailer To Suffer Too
HanesBrands Inc. (NYSE: HBI ) reported earnings before the market opened on Thursday and one retail strategist has flagged the report, calling it a "mess." What Happened: HanesBrands said its second-quarter revenue decreased 14% year-over-year to $1.51 billion. The retailer''s top-line results came in below average analyst estimates of $1.69 billion, according to Benzinga Pro . HanesBrands reported quarterly earnings of 28 cents per share, which missed average analyst estimates of 33 cents per share. "Our second quarter results fell below … Full story available on Benzinga.com
Strategist Shorts HanesBrands After Q2 Earnings And Expects This Retailer To Suffer Too
HanesBrands Inc. (NYSE: HBI ) reported earnings before the market opened on Thursday and one retail strategist has flagged the report, calling it a "mess." What Happened: HanesBrands said its second-quarter revenue decreased 14% year-over-year to $1.51 billion. The retailer''s top-line results came in below average analyst estimates of $1.69 billion, according to Benzinga Pro . HanesBrands reported quarterly earnings of 28 cents per share, which missed average analyst estimates of 33 cents per share. "Our second quarter results fell below … Full story available on Benzinga.com