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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.57Last Year’s EPS
1.38Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced strong commercial and integration momentum with short‑term financial and cash‑flow pressures. Positive operational items include record Q1 sales (+63.8% YoY), clear progress on Hanes integration, adjusted gross margin expansion on an adjusted basis, market share gains across key categories and maintained full‑year guidance (revenue $6.0–$6.2B; adj. operating margin ≈20%; adj. EPS guidance +20%–25% YoY). Offsetting these positives were lower adjusted EPS in the quarter (‑27.1% YoY), compressed adjusted operating margin in Q1, materially higher SG&A and purchase‑accounting impacts, negative operating/free cash flow in the quarter, and elevated leverage (3.3x). Management emphasized contingency planning for geopolitical risk and confidence in achieving synergy targets, but the near‑term profitability and cash‑flow impacts from the acquisition and inventory actions temper the outlook.Company Guidance
Record Q1 Sales
Reported record first-quarter net sales from continuing operations of $1.17 billion, up 63.8% year‑over‑year and in line with guidance (~$1.15 billion).
Retail Contribution from Hanes Acquisition
Retail net sales of $614 million versus $85 million in the prior year, primarily reflecting the Hanes Brands acquisition and higher net selling prices; HAA (Hanes Australia) classified as held for sale and excluded from continuing operations.
Integration Progress and Synergy Targets
Management is progressing Hanes integration (relocating production to Gildan facilities, standardizing IT, supply chain and manufacturing processes) and reiterates a run‑rate cost synergy objective of ~ $250 million over 3 years, including ~ $100 million in 2026, with pursuit of additional synergies beyond the 3‑year target.
Adjusted Gross Margin Improvement (adjusted for acquisition fair‑value step‑up)
Adjusted gross profit was $385 million or 33.0% of net sales (adjusting for a $106 million inventory fair‑value step‑up) versus 31.2% last year — an improvement of ~180 basis points on an adjusted basis.
Adjusted Operating Income Growth and Maintained 2026 Guidance
Adjusted operating income of $167 million, up $31 million year‑over‑year. Company maintained full‑year 2026 guidance: revenue $6.0–$6.2 billion, adjusted operating margin ≈20%, CapEx ≈3% of sales, adjusted diluted EPS $4.20–$4.40 (guidance implies +20% to +25% YoY) and free cash flow > $850 million.
Market Share Gains and Product Momentum
Management reports outperformance and market share gains: wholesale market down low single digits while Gildan grew low single digits; retail flattish while Gildan grew low single digits. Strong demand highlighted for Comfort Colors, Champion (licensed), underwear categories and new brands/programs.
TSE:GIL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:GIL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | C$76.62 | C$83.92 | +9.52% |
Feb 26, 2026 | C$96.67 | C$93.72 | -3.06% |
Oct 29, 2025 | C$84.28 | C$82.99 | -1.54% |
Jul 31, 2025 | C$70.24 | C$68.81 | -2.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gildan Activewear (TSE:GIL) report earnings?
Gildan Activewear (TSE:GIL) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Gildan Activewear (TSE:GIL) earnings time?
Gildan Activewear (TSE:GIL) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:GIL EPS forecast?
TSE:GIL EPS forecast for the fiscal quarter 2026 (Q2) is 1.57.
