Gildan Activewear (GIL) Projected to Post Quarterly Earnings on Thursday

Gildan Activewear (NYSE:GIL) (TSE:GIL) is anticipated to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $1.11 per share and revenue of $1.6101 billion for the quarter. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. Individuals may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.43 EPS for the quarter, beating the consensus estimate of $0.36 by $0.07. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.14 billion. Gildan Activewear had a net margin of 6.10% and a return on equity of 21.38%. The business’s revenue for the quarter was up 63.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.59 EPS. On average, analysts expect Gildan Activewear to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Gildan Activewear Stock Down 0.7%

NYSE:GIL opened at $53.34 on Thursday. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.35 and a quick ratio of 1.17. The company’s fifty day moving average price is $55.19 and its 200-day moving average price is $60.01. Gildan Activewear has a 1-year low of $46.00 and a 1-year high of $73.69. The firm has a market capitalization of $9.88 billion, a P/E ratio of 31.38 and a beta of 1.11.

Gildan Activewear Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 1.9%. Gildan Activewear’s dividend payout ratio is presently 58.82%.

Hedge Funds Weigh In On Gildan Activewear

A number of hedge funds have recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its position in shares of Gildan Activewear by 161.8% in the second quarter. Smartleaf Asset Management LLC now owns 555 shares of the textile maker’s stock valued at $27,000 after acquiring an additional 343 shares in the last quarter. Brown Brothers Harriman & Co. increased its position in shares of Gildan Activewear by 867.9% during the third quarter. Brown Brothers Harriman & Co. now owns 513 shares of the textile maker’s stock worth $30,000 after purchasing an additional 460 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Gildan Activewear by 169.0% during the third quarter. CIBC Private Wealth Group LLC now owns 538 shares of the textile maker’s stock worth $31,000 after purchasing an additional 338 shares in the last quarter. Advisory Services Network LLC acquired a new position in Gildan Activewear in the 3rd quarter valued at $36,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Gildan Activewear in the 3rd quarter valued at $44,000. Institutional investors and hedge funds own 82.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on GIL. Weiss Ratings lowered Gildan Activewear from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. Stifel Nicolaus set a $80.00 price objective on Gildan Activewear and gave the stock a “buy” rating in a research report on Monday. TD Securities reaffirmed a “buy” rating on shares of Gildan Activewear in a report on Tuesday, June 16th. UBS Group restated a “buy” rating on shares of Gildan Activewear in a research report on Friday, July 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Gildan Activewear in a research report on Wednesday, June 17th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $78.21.

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.