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Gildan Activewear ( (TSE:GIL) ) just unveiled an update.
On December 1, 2025, Gildan Activewear Inc. completed the acquisition of HanesBrands Inc., now HanesBrands LLC, through a series of mergers as per the agreement dated August 13, 2025. This strategic acquisition, financed through a combination of a new term loan facility and a private offering of senior unsecured notes, positions Gildan as a more formidable player in the apparel industry by expanding its market reach and product offerings. The acquisition led to the delisting of HanesBrands from the NYSE, marking a significant shift in the company’s operations and market presence.
The most recent analyst rating on (TSE:GIL) stock is a Buy with a C$97.00 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 positive earnings call are the primary drivers of its solid stock score. While technical indicators and valuation are less compelling, the company’s strategic initiatives and growth prospects provide a positive outlook.
To see Spark’s full report on TSE:GIL stock, click here.
More about Gildan Activewear
Gildan Activewear Inc. is a company operating in the apparel industry, primarily known for manufacturing activewear, socks, and underwear. The company focuses on providing high-quality, value-priced apparel products to a broad market, including wholesalers, retailers, and consumers globally.
Average Trading Volume: 618,937
Technical Sentiment Signal: Buy
Current Market Cap: C$15.09B
See more insights into GIL stock on TipRanks’ Stock Analysis page.