HanesBrands Inc. (HBI) reported a first quarter net loss of $0.27 per share after the close Thursday, compared to the profit of $0.49 per share in the previous year. The consensus estimate was for a loss of $0.33 per share. The company reconfirmed its full-year 2012 earnings guidance in the range of $2.50 to $2.60 per share. The consensus estimate is for EPS of $2.52.
HanesBrands gapped up at the open Friday and has since risen sharply on above average volume. The stock is currently higher by 2.63 at $29.57 and has set over a 2-week high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.