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Why Gildan Activewear Inc. stock surged yesterday

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:GIL.TO

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Gildan Activewear Inc. saw a notable increase in its stock price following impressive earnings results.

Gildan Activewear Inc. (GIL.TO) experienced a significant surge in its stock price, climbing 5.77% during yesterday's trading session to close at CA$77.60. This positive movement was largely driven by the company's strong second-quarter earnings report, which exceeded market expectations.

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Gildan Activewear Inc.

GIL.TO

Full stock page →

GIL.TO

Gildan Activewear Inc.

Source:WealthAwesomeWealthAwesome
↓ $17.13 (-22.80%)
120 day period
$57.41$72.02$86.63Apr 7Jul 2Sep 25

Market cap

$10.74B

P/E

32.0x

Div. yield

1.65%

Div. / share

$0.95

52W high

$99.12

52W low

$56.75

1W change

-11.83%

Beta

1.08

Analyst Price Targets

Based on analyst covering GIL · as of Sep 28, 2026

📈

Wall Street analysts forecast GIL stock price to rise 81.6% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$105.29

+81.6% Upside

Previously C$105.35 on Sep 25, 2026

Current Price

C$57.99

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on GIL's historical volatility

HistoricalForecast68%95%
C$27.32C$39.70C$52.08C$64.47C$76.85C$89.23TodayMay 20Jul 23Sep 25Nov 7Dec 21Feb 2

30-Day Vol

45.5%

Annualized

90-Day Vol

53.2%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$48.51

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$54.64C$46.70 – C$63.92
60 trading daysC$51.48C$41.24 – C$64.27
90 trading daysC$48.51C$36.96 – C$63.66

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.

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Investor takeaway: Investors should consider Gildan's robust earnings growth and strategic initiatives as indicators of potential long-term value, despite some ongoing market challenges.

5.77% Surge in Stock Price

Gildan Activewear's stock rose to CA$77.60 following a strong earnings beat, highlighting investor confidence in its growth strategy.

Bull case

The company reported a remarkable 72% year-over-year increase in net sales, reaching $1.58 billion. This growth was mainly due to the successful integration of HanesBrands and the realization of targeted synergies. With a strong adjusted operating margin and a positive cash flow outlook, Gildan's growth trajectory looks promising.

Bear case

Despite the positive earnings report, Gildan faces challenges like a soft retail environment and ongoing inflationary pressures. The company's elevated net debt and cautious market outlook could pose risks to its future performance.

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Strong Earnings Drive Stock Performance

Gildan Activewear's recent earnings call revealed a remarkable 72% increase in net sales, reaching $1.58 billion. This growth was largely attributed to the successful acquisition and integration of HanesBrands. The company also reported an adjusted diluted EPS of $1.28, significantly beating expectations. Investors responded positively to these results, reflecting confidence in Gildan's operational strategy.

Strategic Initiatives and Future Outlook

Gildan is on track to generate approximately $100 million in synergies from the HanesBrands integration and expects to receive $220 million in tariff refunds in 2026. These factors are expected to bolster the company's financial position, although challenges such as high net debt and a cautious retail environment remain. The updated guidance for 2026 indicates a strong foundation for growth, with adjusted operating margins expected to be around 21.8%.

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Wealth Awesome
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Wealth Awesome

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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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 3, 2026
Last Updated: August 3, 2026

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