Hanesbrands Stock Has Had a Disappointing Year So Far
YTD (year-to-date) as of October 24, Hanesbrands (HBI) stock has fallen 20.6% to $16.60. A weakness in the innerwear segment is a big concern. Second-quarter sales for its innerwear segment declined 3% in the United States due to reduced sales in the mass merchant and off-price retail channels.