Gildan Activewear (TSE:GIL) Issues Quarterly Earnings Results

Posted by Brian Himes on Aug 1st, 2026

Gildan Activewear (TSE:GIL – Get Free Report) (NYSE:GIL) issued its quarterly earnings data on Thursday. The company reported C$1.82 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$1.13 billion for the quarter. Gildan Activewear had a return on equity of 2.12% and a net margin of 1.33%.

Gildan Activewear Stock Performance

Gildan Activewear stock opened at C$77.60 on Friday. 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 firm has a market capitalization of C$14.37 billion, a P/E ratio of 45.92, a price-to-earnings-growth ratio of 4.55 and a beta of 1.50. Gildan Activewear has a 1-year low of C$63.41 and a 1-year high of C$100.44. The company’s 50-day moving average is C$76.47 and its 200 day moving average is C$82.18.

Gildan Activewear Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 15th were given a $0.249 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, May 20th. Gildan Activewear’s dividend payout ratio is 54.85%.

Gildan Activewear News Summary

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

Positive Sentiment: National Bank Financial raised its price target on Gildan from C$105 to C$107 and upgraded its stance to “outperform,” implying substantial potential upside. BayStreet.CA analyst rating report
Positive Sentiment: Desjardins set a C$108 price target, adding to the evidence that analysts view the recent weakness in GIL as an attractive entry point. Desjardins price target report
Positive Sentiment: Although reported quarterly results included a US$50 million loss, adjusted or underlying net earnings reportedly increased 32% year over year. The company also raised its profit outlook, which appears to be outweighing concerns about the headline loss. Gildan Activewear Q2 net earnings report
Neutral Sentiment: Gildan reported quarterly revenue of approximately C$1.13 billion and EPS of C$1.82 in the company’s earnings release, providing a significant focus for investors assessing the strength of demand and margins. Gildan Q2 earnings snapshot
Negative Sentiment: The company narrowed its full-year revenue outlook, while the reported quarterly loss could reinforce concerns about one-time costs and near-term operating performance. MarketWatch Gildan earnings report

Analysts Set New Price Targets

A number of brokerages have recently commented on GIL. National Bank Financial lifted their target price on Gildan Activewear from C$105.00 to C$107.00 and gave the stock an “outperform” rating in a report on Friday. Desjardins set a C$108.00 price target on Gildan Activewear and gave the stock a “buy” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$89.50.

Check Out Our Latest Analysis on GIL

Insider Activity

In other Gildan Activewear news, Director Deepak Kumar Khandelwal bought 5,000 shares of the company’s stock in a transaction on Monday, May 11th. The stock was acquired at an average price of C$79.80 per share, for a total transaction of C$399,000.00. Following the completion of the transaction, the director directly owned 5,000 shares of the company’s stock, valued at approximately C$399,000. This represents a ∞ increase in their ownership of the stock. 2.26% of the stock is owned by company insiders.

About Gildan Activewear

(Get Free Report)

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. 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.