Gildan Activewear (NYSE:GIL) Updates FY 2026 Earnings Guidance

by · The Markets Daily

Gildan Activewear (NYSE:GILGet Free Report) (TSE:GIL) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.200-4.400 for the period, compared to the consensus earnings per share estimate of 4.460. The company issued revenue guidance of -.

Gildan Activewear Stock Down 4.2%

GIL stock traded down $3.00 during midday trading on Thursday, hitting $68.28. The company’s stock had a trading volume of 2,365,503 shares, compared to its average volume of 1,182,028. The firm has a 50-day simple moving average of $66.48 and a 200-day simple moving average of $60.55. The firm has a market capitalization of $12.64 billion, a P/E ratio of 21.75 and a beta of 1.08. The company has a quick ratio of 0.88, a current ratio of 2.01 and a debt-to-equity ratio of 0.94. Gildan Activewear has a 52-week low of $37.16 and a 52-week high of $73.69.

Gildan Activewear (NYSE:GILGet Free Report) (TSE:GIL) last announced its quarterly earnings data on Thursday, February 26th. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.02. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Gildan Activewear had a return on equity of 35.53% and a net margin of 14.13%.The company’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period last year, the firm earned $0.83 earnings per share. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. As a group, equities analysts forecast that Gildan Activewear will post 3.48 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on GIL shares. UBS Group reissued a “buy” rating and set a $110.00 price objective (up from $80.00) on shares of Gildan Activewear in a research report on Tuesday, December 16th. Zacks Research downgraded shares of Gildan Activewear from a “hold” rating to a “strong sell” rating in a research note on Monday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $79.00 price target on shares of Gildan Activewear in a report on Friday, February 20th. National Bank Financial raised their price objective on shares of Gildan Activewear from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Gildan Activewear in a research note on Monday, December 29th. Thirteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.00.

Check Out Our Latest Stock Analysis on GIL

Trending Headlines about Gildan Activewear

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

  • Positive Sentiment: Beat on Q4 revenue and EPS; revenue rose ~31% year-over-year and adjusted EPS of $0.96 beat consensus, with HanesBrands contributing for December — this supports longer-term scale and top-line growth. GlobeNewswire Release
  • Positive Sentiment: Management raised targeted run‑rate synergies from the Hanes acquisition and announced plans to expand capacity (Bangladesh Phase 2), which could improve margins over time. Yahoo Finance
  • Neutral Sentiment: HanesBrands’ Australian business has been classified as held for sale and reported as discontinued operations, a bookkeeping/portfolio move with limited near-term cash impact but worth monitoring. GlobeNewswire Release
  • Negative Sentiment: FY‑2026 EPS guidance of $4.20–$4.40 was below the street (~$4.46 consensus), and multiple headlines flagged the “lower‑than‑expected” targets — the guidance miss is the primary driver of the share decline. MSN / MarketWatch Coverage
  • Negative Sentiment: Zacks lowered its rating to a “strong sell,” adding short‑term negative analyst pressure and likely amplifying the selloff. Zacks

Hedge Funds Weigh In On Gildan Activewear

A number of large investors have recently modified their holdings of the business. Arkadios Wealth Advisors lifted its holdings in Gildan Activewear by 2.2% in the fourth quarter. Arkadios Wealth Advisors now owns 8,787 shares of the textile maker’s stock valued at $549,000 after acquiring an additional 193 shares during the period. Cetera Investment Advisers boosted its position in Gildan Activewear by 2.1% during the second quarter. Cetera Investment Advisers now owns 12,510 shares of the textile maker’s stock worth $616,000 after purchasing an additional 259 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in Gildan Activewear by 169.0% during the third quarter. CIBC Private Wealth Group LLC now owns 538 shares of the textile maker’s stock worth $31,000 after purchasing an additional 338 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Gildan Activewear by 40.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,190 shares of the textile maker’s stock valued at $75,000 after purchasing an additional 341 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in Gildan Activewear by 2.4% in the fourth quarter. Quadrant Capital Group LLC now owns 16,078 shares of the textile maker’s stock valued at $1,004,000 after purchasing an additional 371 shares during the last quarter. 82.83% of the stock is owned by hedge funds and other institutional investors.

Gildan Activewear Company Profile

(Get Free Report)

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.

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