Description: Hanesbrands Inc. shares plunged as much as 16% after the company reported a review of its business and a slump in sales at a time when everyone’s wearing sweatpants.
Date: Nov 05, 2020
Questions for discussion:
- What is the financial story at the firm?
- What do you believes explains the decline in sales?
- What would you advise management?
- What would you advise investors?