Gildan Q2 FY26 GAAP diluted EPS falls 46.2% to $0.49; net sales rise 72.3% to $1.58 billion - GIL News | RalliesGildan Q2 FY26 GAAP diluted EPS falls 46.2% to $0.49; net sales rise 72.3% to $1.58 billion
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GIL• Q2 results from continuing operations
- Gildan posted Q2 net sales from continuing operations of USD 1.58 billion, up 72.3% year over year.
- GAAP diluted EPS from continuing operations fell 46.2% to USD 0.49; operating margin narrowed 10.6 percentage points to 11.1%.
- Non-GAAP adjusted diluted EPS from continuing operations rose 32% to USD 1.28; adjusted operating margin slipped 0.4 percentage points to 22.3%.
Asset sale and updated full-year outlook
- Announced sale of HanesBrands Australia to BBFIT Investments for about AUD 700 million (about USD 490 million), expected to close in H2 2026.
- Raised full-year 2026 non-GAAP adjusted diluted EPS outlook to USD 4.65-4.75, lifting adjusted operating margin view to about 21.8%.
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