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Gildan Activewear ( (TSE:GIL) ) has provided an update.
On November 10, 2025, Gildan Activewear Inc. announced its proposed acquisition of Hanesbrands Inc., along with plans to refinance Hanesbrands’ existing debt. This strategic move aims to enhance Gildan’s market position by integrating Hanesbrands’ assets and operations, potentially leading to significant synergies and increased market share. The pro forma financial information, prepared using historical data from both companies, highlights the expected financial adjustments and impacts of the acquisition, although actual results may vary.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$80.00 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 overall stock score is driven by strong earnings performance and positive technical indicators. The company’s strategic initiatives, including the proposed acquisition of HanesBrands, support future growth prospects. However, the valuation is moderate, and increasing leverage poses a potential risk.
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, Canada, specializing in manufacturing and distributing activewear, socks, and underwear. The company operates in the textile industry, focusing on providing high-quality, value-priced apparel to a global market.
YTD Price Performance: 16.43%
Average Trading Volume: 521,862
Technical Sentiment Signal: Buy
Current Market Cap: C$11.59B
For a thorough assessment of GIL stock, go to TipRanks’ Stock Analysis page.