Hanesbrands Inc. Stock Rises Friday, Outperforms Market

Stitch Fix Inc

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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value

Company profile

Stitch Fix, Inc. is an online personalized styling service company. The Company operates primarily in the United States and United Kingdom. The Company combines the human touch of stylists with the precision of advanced data science to make online personal styling accessible to everyone. The Company serves its clients in categories, such as women's, petite, maternity, men's, kids, and plus apparel, as well as shoes and accessories. The Company leverages its data science through a custom-built, Web-based styling application that provides recommendations to its stylists from its selection of merchandise. It also gathers a range of merchandise data, such as inseam, pocket shape, silhouette, and fit. Its clients can engage in receiving a personalized shipment of items informed by its algorithms and sent by a Stitch Fix stylist (a Fix). Its clients can purchase directly from its Website or mobile app based on a personalized assortment of outfit and item recommendations.

Hanesbrands Inc. Stock Rises Friday, Outperforms Market

4:58 pm ET November 11, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Hanesbrands Inc. (HBI) climbed 14.26% to $7.77 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. This was the stock's second consecutive day of gains. Hanesbrands Inc. closed $10.23 below its 52-week high ($18.00), which the company achieved on November 15th.

The stock outperformed some of its competitors Friday, as Ralph Lauren Corp. Cl A (RL) rose 9.36% to $104.38, PVH Corp. (PVH) rose 9.72% to $61.72, and Gildan Activewear Inc. (GIL.T) rose 3.79% to $29.05. Trading volume (16.9 M) eclipsed its 50-day average volume of 9.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.

(END) Dow Jones Newswires

November 11, 2022 16:58 ET (21:58 GMT)