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Is Hanesbrands the Right Fit for This Market?

Is Hanesbrands the Right Fit for This Market?

Let's start by getting this out of the way -- Hanesbrands (NYSE: HBI) is probably not the most interesting company that you've ever come across. Shares of Hanesbrands are down nearly 40% from their 52-week high and about 10% over the past month as investors wring their hands over supply-chain issues, commodity inflation taking a bite out of Hanesbrands' bottom line, and inflation curtailing consumer demand. The stock sold off after Hanesbrands discussed these issues on its May earnings call.