Barington capital sends letter calling for change at hanesbrands

New york--(business wire)--barington capital group l.p. and its affiliates (“barington”), a fundamental, value-oriented activist investor which is a shareholder of hanesbrands inc. (nyse: hbi) (“hanesbrands” or the “company”), yesterday sent a letter to ronald l. nelson, chairman of hanesbrands, calling for immediate and decisive actions to create long-term value for shareholders. in its letter, barington highlights that hanesbrands' share price has declined by -51.6% in the last year alone.1 b.
HBI Ratings Summary
HBI Quant Ranking