Gildan Activewear Completes Acquisition of Hanesbrands for $2.3 Billion
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Gildan Activewear ( (TSE:GIL) ) has provided an update.
On December 1, 2025, Gildan Activewear Inc. completed the acquisition of Hanesbrands Inc., a global leader in iconic apparel, for approximately $2.3 billion. This strategic acquisition, funded through a combination of stock, cash, and debt financing, positions Gildan to expand its market presence and product offerings, making Hanesbrands a wholly owned subsidiary while maintaining its headquarters in Montreal.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$92.00 price target. To see the full list of analyst forecasts on Gildan Activewear stock, see the TSE:GIL Stock Forecast page.
Spark’s Take on TSE:GIL Stock
According to Spark, TipRanks’ AI Analyst, TSE:GIL is a Outperform.
Gildan Activewear’s strong financial performance and strategic acquisition of HanesBrands are key strengths, supporting a solid outlook. However, technical indicators suggest a lack of momentum, and increased leverage poses a risk that needs monitoring. The fair valuation and positive earnings call further contribute to a favorable but cautious overall score.
To see Spark’s full report on TSE:GIL stock, click here.
More about Gildan Activewear
Gildan Activewear Inc. is a leading apparel company based in Montreal, Quebec, specializing in the design, manufacture, and distribution of everyday basic and innerwear apparel. The company operates globally, with a strong presence in the Americas, Australia, and Asia, offering products such as T-shirts, underwear, and socks through various retail channels including mass merchants, specialty stores, and e-commerce platforms.
Average Trading Volume: 645,682
Technical Sentiment Signal: Buy
Current Market Cap: C$15.43B
For an in-depth examination of GIL stock, go to TipRanks’ Overview page.
