Gildan Activewear's latest earnings report shows strong growth and a positive outlook.
Gildan Activewear Inc. (GIL.TO) reported impressive Q2 2026 results, beating earnings estimates by 14.3%. The company posted adjusted diluted earnings per share (EPS) of $1.28, surpassing the consensus estimate of $1.12. This continues a trend of exceeding expectations, as Gildan has beaten estimates in all four of the last comparable quarters.
Recent earnings trend
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Gildan Activewear Inc.
GIL.TO
GIL.TO
Gildan Activewear Inc.
WealthAwesomeMarket cap
$13.20B
P/E
39.8x
Div. yield
1.36%
Div. / share
$0.95
52W high
$99.12
52W low
$64.87
1W change
+0.30%
Beta
1.11
Analyst Price Targets
Based on analyst covering GIL
Wall Street analysts forecast GIL stock price to rise 39.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$102.98
+39.1% Upside
Current Price
C$74.05
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
39.1%
Annualized
90-Day Vol
52.8%
Annualized
Trend (90d)
-45.6%
Annualized drift
90d Mean
C$62.92
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$70.14 | C$61.28 โ C$80.27 |
| 60 trading days | C$66.43 | C$54.89 โ C$80.40 |
| 90 trading days | C$62.92 | C$49.81 โ C$79.49 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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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 | โ | 1.6000 | โ |
| 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 recent performance is a good sign of its financial health and growth potential, especially with strong earnings revisions and a positive consensus among analysts. However, itโs important to stay cautious due to the broader retail environment and ongoing inflationary pressures.
Earnings Surprise of 14.3% Reflects Strong Performance
Gildan's adjusted EPS of $1.28 for Q2 2026 not only exceeded estimates but also marked a 32% increase year-over-year, demonstrating solid operational performance despite tough market conditions.
Bull case
Gildan consistently exceeds earnings expectations, and its significant revenue growth from strategic acquisitions puts it in a strong position in the competitive apparel market. The integration of HanesBrands is expected to create valuable synergies, boosting profitability even further.
Bear case
Despite the positive earnings surprise, Gildan faces challenges like a weak retail environment and rising costs for raw materials. These issues could affect future margins and growth if not managed properly.
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Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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