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Hanesbrands Faces Legal Challenges in Gildan Merger

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Hanesbrands Faces Legal Challenges in Gildan Merger

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An update from Hanesbrands ( (HBI) ) is now available.

On August 13, 2025, Hanesbrands Inc. entered into a merger agreement with Gildan Activewear Inc., which involves Gildan acquiring all outstanding shares of Hanesbrands. The merger will be executed through a series of transactions, with Hanesbrands shareholders receiving Gildan shares and cash. A special meeting for Hanesbrands stockholders is scheduled for November 25, 2025, to vote on the merger proposal. The merger has faced legal challenges, with lawsuits filed alleging deficiencies in the merger disclosures. In response, Hanesbrands and Gildan have voluntarily provided supplemental disclosures to address these claims and avoid potential disruptions.

The most recent analyst rating on (HBI) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Hanesbrands stock, see the HBI Stock Forecast page.

Spark’s Take on HBI Stock

According to Spark, TipRanks’ AI Analyst, HBI is a Neutral.

Hanesbrands’ overall stock score is primarily impacted by its challenging financial performance, characterized by high leverage and cash flow issues. While the earnings call provided some optimism with better-than-expected results and debt reduction, technical indicators suggest bearish momentum. The valuation is moderate, reflecting a balance between potential growth and existing financial challenges.

To see Spark’s full report on HBI stock, click here.

More about Hanesbrands

Hanesbrands Inc. is a Maryland-based corporation involved in the apparel industry, primarily offering clothing products. The company is known for its focus on producing activewear and casual apparel.

Average Trading Volume: 6,378,444

Technical Sentiment Signal: Buy

Current Market Cap: $2.35B

See more insights into HBI stock on TipRanks’ Stock Analysis page.

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