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HomeBusiness: Hanesbrands stock rallies on hiked outlook

Balanced News: : Hanesbrands stock rallies on hiked outlook

Our 'quick read' news summary

Hanesbrand Inc.’s HBI, -1.00% stock rallied in the extended session Thursday after the apparel company hiked its outlook, and announced a search for a new chief financial officer. The company also forecast fourth-quarter adjusted earnings of 4 cents to 11 cents a share. Scott Lewis, Hanesbrand chief accounting officer, will serve as interim CFO until a successor is found.

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