Gildan Activewear (GIL) Projected to Post Earnings on Thursday

Key Points

• Gildan Activewear is expected to report Q3 2026 results on October 29, with analysts forecasting earnings of $1.60 per share on $1.62 billion in revenue. The company previously beat earnings estimates but fell short on revenue.
• GIL shares have declined 1.5% and are trading near their 52-week low, well below their 50-day and 200-day moving averages. The stock has a market capitalization of approximately $7.46 billion and offers a 2.5% dividend yield.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $73.58, although several firms recently lowered their targets. Investor sentiment is also being pressured by a pending class-action lawsuit alleging channel stuffing and misleading growth disclosures.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL is anticipated to post its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $1.60 per share and revenue of $1.62 billion for the quarter. Interested persons may visit the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last announced its quarterly earnings data on Thursday, July 30th. The textile maker reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.11 by $0.17. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.61 billion. Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. The business's quarterly revenue was up 72.3% compared to the same quarter last year. During the same period last year, the company earned $0.97 EPS. On average, analysts expect Gildan Activewear to post $4.67 EPS for the current fiscal year and $5.41 EPS for the next fiscal year.

Gildan Activewear Stock Down 1.5%

NYSE GIL opened at $40.29 on Thursday. The stock has a fifty day moving average of $47.59 and a 200-day moving average of $53.04. The stock has a market capitalization of $7.46 billion, a P/E ratio of 11.15 and a beta of 1.11. Gildan Activewear has a 52 week low of $39.93 and a 52 week high of $73.69. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.01 and a current ratio of 1.93.

Gildan Activewear Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Thursday, August 20th were paid a dividend of $0.2490 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Thursday, August 20th. Gildan Activewear's dividend payout ratio is 192.31%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on GIL shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Gildan Activewear in a report on Thursday, August 13th. Citigroup reiterated a "neutral" rating on shares of Gildan Activewear in a research report on Tuesday, August 4th. Royal Bank Of Canada dropped their price objective on Gildan Activewear from $82.00 to $70.00 and set an "outperform" rating for the company in a report on Tuesday. Stifel Nicolaus set a $83.00 target price on shares of Gildan Activewear and gave the company a "buy" rating in a research report on Friday, July 31st. Finally, UBS Group cut their target price on shares of Gildan Activewear from $111.00 to $71.00 and set a "buy" rating on the stock in a research report on Thursday, October 15th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $73.58.

Gildan Activewear News Summary

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

• Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating, although it lowered its price target to $70 from $82. The revised target still implies substantial upside from the stock’s recent level. Royal Bank of Canada price-target update
• Neutral Sentiment: Multiple law firms publicized the same pending class action against Gildan. Investors who purchased securities between February 19, 2025, and June 15, 2026, have until December 14, 2026, to seek appointment as lead plaintiff. The repeated announcements largely provide procedural updates rather than new evidence or a new financial charge. Gildan investor deadline announcement
• Negative Sentiment: The lawsuit alleges that Gildan and executives misled investors by using extended payment terms, free freight, and unusually large quarter-end distributor purchases to accelerate sales—a practice described as channel stuffing—and by presenting misleading organic-growth metrics. The allegations reportedly followed an 18.7% stock decline, increasing concerns about potential litigation costs, reputational damage, and the sustainability of reported demand. Gildan channel-stuffing allegations
• Negative Sentiment: The stock is trading near its one-year low and below both its 50-day and 200-day moving averages. The litigation overhang, combined with RBC’s reduced target, is likely weighing more heavily on sentiment than the brokerage’s continued bullish rating.

About Gildan Activewear

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company's product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.

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