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

Gildan Activewear (NYSE:GIL) (TSE:GIL) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.200-4.400 for the period, compared to the consensus earnings per share estimate of 4.290. The company issued revenue guidance of $6.0 billion-$6.2 billion, compared to the consensus revenue estimate of $6.1 billion.

Gildan Activewear Price Performance

Shares of GIL stock opened at $51.92 on Friday. The company has a quick ratio of 1.17, a current ratio of 2.35 and a debt-to-equity ratio of 1.32. Gildan Activewear has a twelve month low of $46.00 and a twelve month high of $73.69. The company has a market cap of $9.61 billion, a P/E ratio of 30.54 and a beta of 1.08. The business has a fifty day simple moving average of $58.09 and a 200 day simple moving average of $61.40.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its earnings results on Thursday, April 30th. The textile maker reported $0.43 EPS for the quarter, topping the consensus estimate of $0.36 by $0.07. Gildan Activewear had a return on equity of 21.38% and a net margin of 6.10%.The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the firm posted $0.59 earnings per share. The firm’s revenue was up 63.8% on a year-over-year basis. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. On average, sell-side analysts forecast that Gildan Activewear will post 4.25 EPS for the current fiscal year.

Gildan Activewear Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Wednesday, May 20th were paid a $0.249 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $1.00 annualized dividend and a dividend yield of 1.9%. Gildan Activewear’s dividend payout ratio (DPR) is currently 58.82%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on GIL. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $77.00 price target on shares of Gildan Activewear in a research note on Friday, May 1st. Scotiabank restated a “sector outperform” rating and set a $65.00 price target (down from $72.00) on shares of Gildan Activewear in a research note on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Gildan Activewear in a report on Wednesday. Zacks Research upgraded shares of Gildan Activewear from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Weiss Ratings lowered Gildan Activewear from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GIL. AQR Capital Management LLC boosted its position in Gildan Activewear by 49.3% during the 1st quarter. AQR Capital Management LLC now owns 13,209 shares of the textile maker’s stock valued at $584,000 after buying an additional 4,360 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Gildan Activewear by 40.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,760,253 shares of the textile maker’s stock valued at $77,838,000 after acquiring an additional 503,359 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Gildan Activewear by 2.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 186,585 shares of the textile maker’s stock valued at $8,251,000 after acquiring an additional 4,714 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of 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 during the period. Finally, Prudential Financial Inc. bought a new stake in shares of Gildan Activewear in the second quarter worth about $317,000. Institutional investors own 82.83% of the company’s stock.

About Gildan Activewear

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.