Hanesbrands Inc is a leading global apparel company known for its diverse portfolio of intimate apparel, activewear, and socks. The company designs and manufactures a wide range of products under well-established brands that cater to various consumer needs, focusing on comfort, quality, and innovation. With a commitment to sustainability and responsible manufacturing practices, Hanesbrands aims to deliver value to its customers while also promoting environmentally friendly initiatives throughout its operations. The company's extensive distribution channels allow it to reach a broad audience, both through retail partners and direct-to-consumer platforms. Read More
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HanesBrands Inc. (NYSE: HBI) to Gildan Activewear Inc. (NYSE: GIL). Under the terms of the proposed transaction, shareholders of HanesBrands will receive for 0.102 common shares of Gildan and $0.80 in cash for each share of HanesBrands that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
The financial markets are abuzz with significant merger and acquisition (M&A) news, signaling a dynamic shift in the apparel and insurance technology sectors. Gildan Activewear's (TSX: GIL) definitive agreement to acquire HanesBrands (NYSE: HBI) for an estimated $2.2 billion in equity value, alongside Sapiens International's (NASDAQ: SPNS) surge
NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
BALA CYNWYD, Pa., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
In a dynamic day for the financial markets, a select group of companies defied broader trends, experiencing significant surges in their stock prices and emerging as today's top gainers. NXP Semiconductors (NASDAQ: NXPI), Brinker International (NYSE: EAT), Gildan Activewear (NYSE: GIL), Sea Limited (NYSE: SE), On Holding AG (NYSE: ONON)
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HanesBrands Inc. (NYSE: HBI) to Gildan Activewear Inc. for 0.102 common shares of Gildan and $0.80 in cash for each share of HanesBrands common stock is fair to HanesBrands shareholders.
The Ademi Firm is investigating HanesBrands (NYSE: HBI) for possible breaches of fiduciary duty and other violations of law in its transaction with Gildan.
Clothing company Hanesbrands (NYSE:HBI) announced better-than-expected revenue in Q2 CY2025, with sales up 1.8% year on year to $991.3 million. The company expects next quarter’s revenue to be around $900 million, close to analysts’ estimates. Its non-GAAP profit of $0.24 per share was 34.8% above analysts’ consensus estimates.
Shares of clothing company Hanesbrands (NYSE:HBI)
jumped 37.5% in the morning session after reports that it is in advanced talks to be acquired by Canadian apparel company Gildan Activewear (NYSE:GIL).
Let's have a look at what is happening on the US markets before the opening bell on Tuesday. Below you can find the top gainers and losers in today's pre-market session.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. Over the past six months, it seems like demand trends are working against their favor as the industry
has tumbled by 5.8%. This performance is a noticeable divergence from the S&P 500’s 5.4% return.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Clothing company Hanesbrands (NYSE:HBI) announced better-than-expected revenue in Q2 CY2025, with sales up 1.8% year on year to $991.3 million. The company expects next quarter’s revenue to be around $900 million, close to analysts’ estimates. Its non-GAAP profit of $0.24 per share was 34.8% above analysts’ consensus estimates.
