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.
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