Hanesbrands Inc. (NYSE:HBI) is listed as one of the best cheap stocks to buy under $10. Analyst Peter McGoldrick of Stifel Nicolaus maintained a Hold rating on HBI with a $6 price target following the company’s fiscal Q3 2025 earnings release.

Despite a 4.5% drop in US net sales in the quarter, Hanesbrands Inc. (NYSE:HBI) saw a 25% growth in adjusted EPS due to cost-saving initiatives. Operating margin increased by 20 basis points to 22.2% driven by reduced input costs and productivity improvements.

Hanesbrands Inc. (NYSE:HBI) designs and sells basic apparel like T-shirts, underwear, socks, and activewear. The company operates in the US and International segments, experiencing challenges in sales but showing improvement in unit point-of-sale trends.

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Read more at Yahoo Finance: Stifel Nicolaus Maintains a Hold on Hanesbrands Inc. (HBI)