Gildan Q3 diluted EPS from continuing operations jumps 71% to $1.37; net sales rise 61% to $1.47 billion
GIL•Gildan’s third-quarter diluted EPS from continuing operations rose 71% year over year to $1.37, and net sales increased 61% to $1.47 billion. Results missed management’s expectations, and the company withdrew its 2026–2028 objectives.
1. Quarterly results
Gildan Activewear reported third-quarter GAAP diluted EPS from continuing operations of $1.37, up 71% year over year. Net sales from continuing operations climbed 61% to $1.47 billion, and cash flow from operating activities totaled $633 million.
2. Outlook and integration
The company said results missed management’s expectations, reflecting subdued demand and near-term challenges across Wholesale and Retail. Integration initiatives remain on track to deliver approximately $100 million in synergies in 2026. Gildan withdrew its 2026–2028 objectives due to rapidly changing macroeconomic conditions and their impact on demand.
