HBI » Topics » Market for our Common Stock

These excerpts taken from the HBI 10-K filed Feb 19, 2008.
Market for our Common Stock
 
Our common stock currently is traded on the New York Stock Exchange, or the “NYSE,” under the symbol “HBI.” A “when-issued” trading market for our common stock on the NYSE began on August 16, 2006, and “regular way” trading of our common stock began on September 6, 2006. Prior to August 16, 2006, there was no public market for our common stock. Each share of our common stock has attached to it one preferred stock purchase right. These rights initially will be transferable with and only with the transfer of the underlying share of common stock. We have not made any unregistered sales of our equity securities.
 
The following table sets forth the high and low sales prices for our common stock for the indicated periods:
 
                 
    High     Low  
 
2006
               
Quarter ended September 30, 2006 (September 6, 2006 through September 30, 2006)
  $ 23.20     $ 19.55  
Quarter ended December 30, 2006
  $ 24.77     $ 21.70  
2007
               
Quarter ended March 30, 2007
  $ 29.65     $ 23.69  
Quarter ended June 30, 2007
  $ 29.65     $ 25.25  
Quarter ended September 29, 2007
  $ 33.73     $ 24.00  
Quarter ended December 29, 2007
  $ 31.58     $ 25.20  


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Table of Contents

The market price of our common stock has fluctuated since the spin off and is likely to fluctuate in the future. Changes in the market price of our common stock may result from, among other things:
 
  •  quarter-to-quarter variations in operating results;
 
  •  operating results being different from analysts’ estimates;
 
  •  changes in analysts’ earnings estimates or opinions;
 
  •  announcements of new products or pricing policies by us or our competitors;
 
  •  announcements of acquisitions by us or our competitors;
 
  •  developments in existing customer relationships;
 
  •  actual or perceived changes in our business strategy;
 
  •  new litigation or developments in existing litigation;
 
  •  sales of large amounts of our common stock;
 
  •  changes in market conditions in the apparel essentials industry;
 
  •  changes in general economic conditions; and
 
  •  fluctuations in the securities markets in general.
 
Market
for our Common Stock



 



Our common stock currently is traded on the New York Stock
Exchange, or the “NYSE,” under the symbol
“HBI.” A “when-issued” trading market for
our common stock on the NYSE began on August 16, 2006, and
“regular way” trading of our common stock began on
September 6, 2006. Prior to August 16, 2006, there was
no public market for our common stock. Each share of our common
stock has attached to it one preferred stock purchase right.
These rights initially will be transferable with and only with
the transfer of the underlying share of common stock. We have
not made any unregistered sales of our equity securities.


 



The following table sets forth the high and low sales prices for
our common stock for the indicated periods:


 




















































































































                 

 

 

High

 

 

Low

 
 


2006


 

 

 

 

 

 

 

 


Quarter ended September 30, 2006 (September 6, 2006
through September 30, 2006)


 

$

23.20

 

 

$

19.55

 


Quarter ended December 30, 2006


 

$

24.77

 

 

$

21.70

 


2007


 

 

 

 

 

 

 

 


Quarter ended March 30, 2007


 

$

29.65

 

 

$

23.69

 


Quarter ended June 30, 2007


 

$

29.65

 

 

$

25.25

 


Quarter ended September 29, 2007


 

$

33.73

 

 

$

24.00

 


Quarter ended December 29, 2007


 

$

31.58

 

 

$

25.20

 









30





Table of Contents






The market price of our common stock has fluctuated since the
spin off and is likely to fluctuate in the future. Changes in
the market price of our common stock may result from, among
other things:


 






























































































































  • 

quarter-to-quarter variations in operating results;
 
  • 

operating results being different from analysts’ estimates;
 
  • 

changes in analysts’ earnings estimates or opinions;
 
  • 

announcements of new products or pricing policies by us or our
competitors;
 
  • 

announcements of acquisitions by us or our competitors;
 
  • 

developments in existing customer relationships;
 
  • 

actual or perceived changes in our business strategy;
 
  • 

new litigation or developments in existing litigation;
 
  • 

sales of large amounts of our common stock;
 
  • 

changes in market conditions in the apparel essentials industry;
 
  • 

changes in general economic conditions; and
 
  • 

fluctuations in the securities markets in general.


 




This excerpt taken from the HBI 10-K filed Sep 28, 2006.
Market for our Common Stock
 
Our common stock currently is traded on the New York Stock Exchange, or the “NYSE,” under the symbol “HBI.” A “when-issued” trading market for our common stock on the NYSE began on August 16, 2006, and “regular way” trading of our common stock began on September 6, 2006. Prior to August 16, 2006, there was no public market for our common stock. Each share of our common stock has attached to it one preferred stock purchase right. These rights initially will be transferable with and only with the transfer of the underlying share of common stock. We have not made any repurchases of our equity securities in the past year, nor have we made any unregistered sales of our equity securities.
 
From September 6, 2006 through September 15, 2006, the highest trading price for our common stock was $23.20 per share, and the lowest trading price for our common stock was $19.55 per share. The market price of our common stock has fluctuated since the spin off and is likely to fluctuate in the future. Changes in the market price of our common stock may result from, among other things:
 
  •   quarter-to-quarter variations in operating results;
 
  •   operating results being different from analysts’ estimates;
 
  •   changes in analysts’ earnings estimates or opinions;
 
  •   announcements of new products or pricing policies by us or our competitors;
 
  •   announcements of acquisitions by us or our competitors;
 
  •   developments in existing customer relationships;
 
  •   actual or perceived changes in our business strategy;
 
  •   developments in new litigation and claims;
 
  •   sales of large amounts of our common stock;
 
  •   changes in market conditions in the apparel essentials industry;
 
  •   changes in general economic conditions; and
 
  •   fluctuations in the securities markets in general.
 

"Market for our Common Stock" elsewhere:

G-III Apparel Group (GIII)
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