Gildan Activewear (TSE:GIL) Announces Quarterly Earnings Results

Gildan Activewear (TSE:GIL) (NYSE:GIL) issued its quarterly earnings data on Thursday. The company reported C$2.18 earnings per share (EPS) for the quarter, FiscalAI reports. Gildan Activewear had a net margin of 1.33% and a return on equity of 2.12%. The firm had revenue of C$2.08 billion during the quarter.

Gildan Activewear Stock Performance

Gildan Activewear stock traded down C$0.56 during midday trading on Friday, hitting C$48.48. The company’s stock had a trading volume of 132,165 shares, compared to its average volume of 656,761. Gildan Activewear has a 1-year low of C$43.69 and a 1-year high of C$100.44. The company has a debt-to-equity ratio of 145.29, a current ratio of 1.93 and a quick ratio of 0.87. The company has a 50-day moving average price of C$62.03 and a two-hundred day moving average price of C$76.69. The company has a market cap of C$8.98 billion, a price-to-earnings ratio of 95.06, a PEG ratio of 4.55 and a beta of 1.77.

Gildan Activewear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 14th were paid a $0.2490 dividend. The ex-dividend date was Thursday, August 20th. This represents a $1.00 annualized dividend and a yield of 2.1%. Gildan Activewear’s payout ratio is 186.27%.

Analyst Upgrades and Downgrades

GIL has been the topic of a number of recent research reports. Desjardins lowered their target price on Gildan Activewear from C$108.00 to C$90.00 and set a “buy” rating on the stock in a research note on Tuesday. Scotia reduced their price target on Gildan Activewear from C$67.00 to C$53.00 and set a “sector outperform” rating for the company in a research note on Tuesday. Finally, National Bank Financial reduced their price target on Gildan Activewear from C$107.00 to C$98.00 and set an “outperform” rating for the company in a research note on Monday, October 19th. Four analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$80.25.

Insider Transactions at Gildan Activewear

In other Gildan Activewear news, insider Maria Andrea Pirie Woodbridge sold 8,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of C$75.93, for a total transaction of C$607,440.00. Following the transaction, the insider owned 2,243 shares in the company, valued at C$170,310.99. This represents a 78.10% decrease in their position. 2.26% of the stock is owned by corporate insiders.

Trending Headlines about Gildan Activewear

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Gildan authorized a share buyback plan, which could support shareholder returns; the available report did not specify its size or timing. Article: Gildan Activewear authorizes a buyback plan
• Neutral Sentiment: Adjusted third-quarter earnings increased 54% year over year, but missed forecasts. Gildan also expects $700 million–$750 million in 2026 free cash flow, while withdrawing its 2026–2028 objectives. Article: Third-quarter adjusted earnings rise but miss forecasts Article: 2026 revenue and free cash flow expectations
• Neutral Sentiment: Analyst reactions were mixed: TD Cowen cut its price target to $49, while Desjardins maintained its Buy rating despite reducing its target. Article: TD Cowen lowers Gildan price target Article: Desjardins maintains Buy rating
• Negative Sentiment: Gildan cut its fiscal 2026 outlook, citing fast-changing macro conditions. Third-quarter pro forma sales fell 8.7%, and the company missed sales targets—raising concerns about near-term demand and earnings prospects. Article: Gildan cuts guidance as sales decline
• Negative Sentiment: Shareholder securities litigation and law-firm investor notices add uncertainty and potential reputational risk; the allegations have not been established in court. Article: Securities class action notice

Gildan Activewear Company Profile

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies and directly to consumers. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan, Hanes, Comfort Colors, American Apparel, ALLPRO, GOLDTOE, Peds, Bali, Playtex, Maidenform, Bonds, as well as Champion which is under an exclusive licensing agreement for the printwear channel in the U.S.