HanesBrands Sees FY23 Net Sales $5.8B-$5.9B Vs $6.05B Est
Portfolio Pulse from Benzinga Newsdesk
HanesBrands has projected its FY23 net sales to be between $5.8 billion and $5.9 billion, which is lower than the estimated $6.05 billion.
August 10, 2023 | 11:04 am
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HanesBrands' lower than expected FY23 net sales forecast may negatively impact its stock price.
HanesBrands' FY23 net sales forecast is lower than the estimated $6.05 billion. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price of HBI in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100