Gildan Activewear (GIL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The mean of analysts' price targets for Gildan (GIL) points to a 43.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Gildan Activewear NYSE: GIL reported second-quarter results that reflected the impact of its HanesBrands acquisition, raised its 2026 earnings outlook and said it expects to receive approximately $220 million in IEEPA tariff refunds this year.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Glenn J. Chamandy CEO | XFRA Exchange | CA3759161035 ISIN |
| CA Country | 75,000 Employees | 20 Aug 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.