financetom
Business
financetom
/
Business
/
BMO "Positive" on Gildan's Acquisition of HanesBrands
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BMO "Positive" on Gildan's Acquisition of HanesBrands
Aug 14, 2025 10:28 AM

12:56 PM EDT, 08/14/2025 (MT Newswires) -- BMO views Gildan's (GIL.TO) acquisition of HanesBrands positively, saying the transaction creates a global basics apparel leader that combines Gildan's leading activewear position with HanesBrands' leading position in U.S. innerwear, "with a more diversified product & channel mix," writes analyst Stephen MacLeod.

MacLeod believes this enhances Gildan's competitive positioning, its ability to optimize manufacturing, and drive attractive earnings and FCF growth. "Notably, expected earnings accretion and PF leverage are better than we had estimated."

Gildan is rated Outperform, with a US$70 target.

Price: 77.83, Change: +2.21, Percent Change: +2.92

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved