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On the revenues side, the company continues to shy away from analysts' estimates. The company has missed revenues estimates in four of the past five quarters. The North Carolina-based apparel maker reported a growth of 11.7% in revenues, which stood
The company's revenues and adjusted earnings are expected to rise, due to the impact of the Maidenform acquisition. The company a spin-off of Sara Lee has exceeded earnings estimates for the last four quarters but failed to meet revenue expectations
Economists have been looking at people's underwear for decades and this year things are looking good...Perhaps, but underwear sales do happen to be one of quirkiest economic metrics ever created by a Federal Reserve chairman. According to author
Shares Are Stretching Higher Today Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis...Hanes Chief Executive Officer
HanesBrands is buying DBApparel from Sun Capital Partners Inc. for 400 million euros (about $550 million), giving the underwear and T-shirt company entry to the European market. DBApparel is a marketer of hosiery and men's underwear in Europe.
Underwear maker Hanesbrands Inc said it will buy former sister company DBApparel in a deal valuing the company at 400 million euros ($545 million) on an enterprise basis, bringing back together two global lingerie brands. Hanesbrands and DBApparel
CT Yohannes Petros is the owner of Hanes Hummus. (Trevor Bothorel/CBC) A local hummus maker is facing off against a global clothing giant. Earlier this month, Yohannes Petros got a cease and desist letter from Hanesbrands Incorporated.
pursuant to which Hanes will acquire all of the outstanding shares of Maidenform for $23.50 per share in cash, representing a transaction value of approximately $575 million. The transaction price represents a premium of approximately 23% to
In 2012, 28% of large U.S. employers hosted on-site medical clinics, and 39% will have them by 2014, a Towers Watson survey found...The toll of seven of the most common chronic illnesses, in costs and lost productivity, is expected to hit $4.2
The chief executive of Career Education didn't mince words about what the Schaumburg, Ill.-based company's up against as it reported a second-quarter net loss and lower revenue. Withering public criticism, combined with a game-changing regulatory