Gildan (GIL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Gildan Activewear remains a "Buy" as I see headline revenue weakness as transitory. The 1Q2026 topline was 9.9% lower on a merged basis due to the company's strategic move to optimize production allocation and a high base in 1Q25. GIL's recent quarterly operating income grew 23.1% YoY, with EBIT margin 146 bps above consensus, thanks to the popularity of its high-ASP products and the forward-looking hedging strategy.
Gildan Activewear (GIL) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.59 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 23,757 | $1.16M | $1.26M | $99,386.29 | 8.57% |
| CE Curtis Ellergodt Rothschild Investment LLC | 164 | $10,243 | $8,693.64 | -$1,549.36 | -15.13% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 4,571 | $260,930.94 | $242,308.71 | -$18,622.23 | -7.14% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 336 | $20,986.56 | $17,678.64 | -$3,307.92 | -15.76% |
Barington Capital Group LP Barington Capital Group LP | 285,000 | $15.86M | $15.11M | -$752,400 | -4.74% |
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Glenn J. Chamandy CEO | NYSE Exchange | 375916103 CUSIP |
| CA Country | 50,000 Employees | 20 May 2026 Last Dividend | 29 May 2007 Last Split | - IPO Date |
Gildan Activewear Inc., originally known as Textiles Gildan Inc., underwent a name change in March 1995 and has since emerged as a key player in the manufacturing and sale of various apparel products. The company operates on a wide scale, with its distribution network spanning the United States, North America, Europe, Asia-Pacific, and Latin America. Founded in 1946 and with its headquarters in Montreal, Canada, Gildan has established a significant presence in the global activewear market. It serves a diverse clientele, including wholesale distributors, screen printers, embellishers, retailers, and lifestyle brand companies, by offering a broad spectrum of high-quality clothing items under numerous recognizable brands.
Gildan offers an extensive lineup of activewear products, such as T-shirts, fleece tops and bottoms, and sports shirts. These products are marketed under various brands, including Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel. Each brand caters to specific consumer preferences for comfort, durability, and style, making them suitable for various activewear needs.
The company also specializes in hosiery products, which range from athletic and casual socks to dress, liner, therapeutic, and workwear socks. These are offered under multiple brands such as Gildan, Under Armour, GoldToe, Signature Gold by Goldtoe, Peds, MediPeds, All Pro, and GoldToe Edition TM. Gildan's hosiery line emphasizes quality and comfort, designed to meet the needs of everyday wear and specialized applications.
Gildan provides a variety of men's and boys' underwear products, along with ladies panties, under the Gildan and Gildan Platinum brands. The company focuses on delivering quality, comfort, and value in its underwear offerings, ensuring a wide range of options to suit different tastes and requirements.