Gildan Activewear Inc reports results for the quarter ended June 30 - Earnings Summary
Gildan Activewear Inc reports results for the quarter ended June 30 - Earnings Summary
Gildan Activewear Inc GIL.TO reported quarterly adjusted earnings of $1.28 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 97 cents. The mean expectation of seven analysts for the quarter was for earnings of $1.11 per share. Wall Street expected results to range from $1.09 to $1.15 per share.
Revenue rose 72.3% to $1.58 billion from a year ago; analysts expected $1.61 billion.
Gildan Activewear Inc's reported EPS for the quarter was a loss of 27 cents.
The company reported a quarterly loss of $49.95 million.
Gildan Activewear Inc shares had fallen by 1.8% this quarter and lost 16.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.8% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is also "buy"
This summary was machine generated from LSEG data July 30 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.11 | 1.28 | Beat |
Mar. 31 2026 | 0.40 | 0.43 | Beat |
Dec. 31 2025 | 0.95 | 0.96 | Beat |
Sep. 30 2025 | 0.97 | 1.00 | Beat |
Recent news on Gildan Activewear
See all newsCanada Research Roundup: Athabasca Oil, Element Fleet Management, MDA Space
Texas AG Paxton probes Fruit of the Loom, Hanes over potential toxic chemicals in children's underwear (updated)
Texas AG Paxton probes Fruit of the Loom, Hanes over potential toxic chemicals in children's underwear
Canada Stocks: TSX falls to eight-day low as US rate hike prospects hit mining shares
Gildan Activewear Inc reports results for the quarter ended June 30 - Earnings Summary