Barington Capital Group, a shareholder of Hanesbrands Inc., has called for immediate actions to create long-term shareholder value. They believe Hanesbrands' poor response to market challenges, operating performance, and excessive debt burden have led to a 51.6% decline in share price. Barington recommends reducing costs and debt, reducing inventories, and improving gross margin recovery. They also question the ability of the current board and management team to lead the company.
Latest news articles for HBI
Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
HanesBrands receives bids for Champion that may exceed $1B
Barington Capital Sends a Letter to Hanesbrands Inc -August 08, 2023 at 07:30 am EDT
Hanesbrands Draws Activist Investor Seeking to Shake Up Underwear Maker - WSJ
HanesBrands names three directors on investor calls for action on debt - GlobalData
Hanesbrands, activist investor James Mitarotonda reach cooperation agreement - Triad Business Journal
Gabrielle Fonrouge on LinkedIn: Foot Locker's 27% plunge, guidance cut may signal trouble ahead for other…
Activist Barington pressures Hanesbrands
hpe03132010 by High Point Enterprise - Issuu
Hanesbrands, activist investor James Mitarotonda reach cooperation agreement - Triad Business Journal
wfss1.jpg
News - CEO Outlook Magazine
tm242898-5_def14a - block - 4.5312749s