Hanesbrands is a leading marketer of everyday basic innerwear and activewear apparel. It sells its products under well-known brands, including Hanes and Champion, in America, Europe, Australia and the Asia-Pacific region.
The company was hurt by supply chain disruptions and high cost inflation. As a result, its adjusted earningsper-share dipped 13%, from $0.39 to $0.34. Hanesbrands expects 4% revenue growth and adjusted earnings-per-share of $1.64-$1.81.
City Office REIT is an internally-managed real estate investment trust focused on owning, operating, and acquiring highquality office properties located in “18-hour cities” in the Southern and Western United States.