shares of hanesbrands inc hbi dropped 30 in premarket trading wednesday after the apparel company with brands including hanes and champion reported thirdquarter profit that topped forecasts but revenue that missed and provided a downbeat outlook citing a tougherthanexpected sales environment net income fell to 801 million or 23 cents a share from 1518 million or 43 cents a share in the yearago period excluding nonrecurring items adjusted earnings per share of 29 cents beat the factset consensus of 27 cents sales declined 66 to 167 billion below the factset consensus of 170 billion innerwear sales fell 11 as hurt by macroeconomic pressures that weighed on consumer spending and retailer actions to manage inventory activewear sales were relatively flat while international sales decreased 6 gross margin contracted to 337 from 391 hurt by commodity and ocean freight inflation the value of inventories was 214 billion as of oct 1 up 349 from jan 1 for the fourth quarter the company expects adjusted eps of 4 cents to 11 cents below the factset consensus of 21 cents and expects sales of 140 billion to 145 billion below expectations of 16 billion the stock has plunged 372 over the past three months through tuesday while the sp 500 spx has lost 71