“While both Indexes are now above their 24-month average, price-sensitivity remains an issue in both the data from the CCI and CSI and also in some of the booking patterns we’re seeing for Winter 2024/25,” noted Foley. The Unemployment Rate was up from 4.1 percent in October to...
“Hanesbrands is also barred from buying back shares under its credit agreement during the covenant relief period. The company has an authorization of $600 million over the next three years and repurchased $25 million worth of shares in 2022. Given the company’s focus on leverage reduction, w...