Gildan

Gildan is an efficient, ethical, and sustainable apparel manufacturer with brands including Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds.

Gildan Activewear reduced its 2026 revenue forecast by approximately **$550 million**, exceeding analyst expectations. The company cites **softer consumer demand** and **reduced retailer restocking** as key pressures on its outlook. RBC Capital Markets highlights the revision as a significant downward adjustment from prior projections.

Nov 2026MarketScreenerNews article

Gildan revises its full-year revenue forecast downward to **$5.4 billion to $5.5 billion**, a decrease from its prior estimate of **$6.0 billion to $6.2 billion**. The adjustment follows weaker-than-expected demand impacting Q3 sales performance. The company attributes the shift to broader market conditions affecting its continuing operations.

Nov 2026Just StyleNews article

Gildan Activewear Inc. achieves **61% year-over-year net sales growth in Q3 2026**, reaching **$1.47 billion** after acquiring HanesBrands. The company cites weaker-than-expected demand in its Wholesale and Retail segments, leading to a revised **full-year financial outlook**. Growth stems primarily from the HanesBrands integration, though operational challenges persist.

Oct 2026Imprint CanadaNews article

Gildan Activewear completes the $2.2 billion acquisition of Hanesbrands, consolidating ownership of the Winston-Salem-based apparel company after two decades as an independent entity. The deal reshapes the competitive landscape in the activewear and basics market, combining Gildan’s global manufacturing footprint with Hanesbrands’ iconic brands. Hanesbrands operates under Gildan’s umbrella, integrating its portfolio of well-known apparel labels.

Dec 2025Triad Business JournalNews article