Hanesbrands

HBI

Market cap $2.29B

NEW YORK , Nov. 24, 2025 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P SmallCap 600:  S&P SmallCap 600 constituent Sandisk Corp. (NASD: SNDK) will replace The Interpublic Group of Companies Inc. (NYSE: IPG) in the S&P 500, and PTC Therapeutics Inc. (NASD: PTCT) will replace Sandisk in the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 28. S&P 500 constituent Omnicom Group Inc. (NYSE: OMC) is acquiring The Interpublic Group of Companies in a deal expected to close soon, pending final conditions.

This is a new stake: 627,098 shares added; an estimated $4.13 million position. Hanesbrands is now 1% of reported 13F assets under management.

Gardner Lewis Asset Management acquired 1,277,996 shares of Hanesbrands for an estimated $8.4 million in the third quarter. The transaction value represents 2% of the fund's 13F reportable assets under management at quarter-end.

HBI's third-quarter results reflect lower sales and an earnings miss but highlight improved profits and cost savings.

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in everyday iconic apparel, today announced results for the third-quarter 2025. “Our top-line results for the quarter reflect an unanticipated late quarter shift in replenishment orders at one of our large U.S. retail partners; however, we saw underlying fundamentals of our business continue to improve in the quarter. Our inventory position at retail is strong. We're encouraged by our unit point-of-sale trends,.

HBI is set to post modest sales softness but improved profitability as cost cuts and efficiency gains are likely to have supported its Q3 performance.

Gildan Activewear is acquiring Hanesbrands to create a global leader in basic apparel, doubling revenue and diversifying operations. The deal brings significant scale, $200 million in targeted cost synergies, and a more balanced mix between activewear, innerwear, retail, and wholesale. Pro forma leverage rises to 3.2x EBITDA, with plans to reduce it via synergies and asset sales; EPS growth is projected at 20% CAGR through 2028.

WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI) today announced that it plans to report its third quarter fiscal 2025 financial results on Thursday, November 6, 2025, before the market opens via press release. Given the pending acquisition of HanesBrands Inc. by Gildan Activewear Inc., announced in August 2025, HanesBrands will not hold a conference call. The press release will be available in the Investors section of the HanesBrands corporate website at www.hanes.com/investo.

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--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 consider.

MILWAUKEE , Oct. 13, 2025 /PRNewswire/ -- The Ademi Firm is investigating HanesBrands (NYSE: HBI) for possible breaches of fiduciary duty and other violations of law in its transaction with Gildan. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995.