Gildan Activewear Inc. surprised investors with a solid earnings beat, showcasing its resilience in a challenging retail environment.
In its latest earnings report for the second quarter of 2026, Gildan Activewear Inc. (GIL.TO) delivered an adjusted EPS of $1.28, exceeding estimates by 14.3%. The company's revenue growth and strategic initiatives, especially the integration of HanesBrands, have positioned it for continued success despite external challenges.
Recent earnings trend
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Gildan Activewear Inc.
GIL.TO
GIL.TO
Gildan Activewear Inc.
WealthAwesomeMarket cap
$14.37B
P/E
45.4x
Div. yield
1.29%
Div. / share
$0.95
52W high
$99.56
52W low
$62.34
1W change
+10.10%
Beta
1.12
Analyst Price Targets
Based on analyst covering GIL
Wall Street analysts forecast GIL stock price to rise 36.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$105.94
+36.5% Upside
Current Price
C$77.60
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GIL's historical volatility
30-Day Vol
35.7%
Annualized
90-Day Vol
54.0%
Annualized
Trend (90d)
-31.4%
Annualized drift
90d Mean
C$69.37
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$74.75 | C$66.09 – C$84.56 |
| 60 trading days | C$72.01 | C$60.49 – C$85.73 |
| 90 trading days | C$69.37 | C$56.04 – C$85.88 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 10 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | — | 1.6000 | — |
| 2026-06-30 | 2026-07-29 | 1.2800 | 1.1200 | +14.3% |
| 2026-03-31 | 2026-04-30 | 0.4300 | 0.3500 | +22.9% |
| 2025-12-31 | 2026-02-26 | 0.9600 | 0.9500 | +1.1% |
| 2025-09-30 | 2025-10-29 | 1.0000 | 0.9800 | +2.0% |
| 2025-06-30 | 2025-07-31 | 0.9700 | 0.9600 | +1.0% |
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Investor takeaway: Gildan's ability to beat earnings estimates and raise its guidance suggests strong operational performance. However, investors should remain cautious given the broader retail environment and ongoing inflationary pressures.
Q2 2026 EPS Surges 32% Year-Over-Year
Gildan's adjusted EPS of $1.28 reflects a 32% increase from the previous year and marks the fourth consecutive quarter of beating earnings estimates.
Bull case
The company is set to gain significant benefits from the HanesBrands acquisition, expecting about $220 million in tariff refunds that will support its growth plans. Gildan's smart inventory management and strong brand presence also look promising for future earnings.
Bear case
Despite the positive earnings surprise, Gildan faces challenges, including a tough retail environment and rising SG&A expenses from the HanesBrands integration. High net debt levels and ongoing inflation could pressure margins in the future.
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Wealth Awesome
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