NYSE$GIL
Gildan Activewear Inc · Q2 2026 earnings
Q2 2026 earnings · · After market close · Investor relations
Briefing
Gildan Activewear reports strong Q2 2026 results with net sales of $1.58 billion and adjusted diluted EPS of $1.28 from continuing operations.
Gildan Activewear Inc. announced results for the second quarter ended June 28, 2026. Net sales from continuing operations reached $1.58 billion, up 72.3% year-over-year primarily due to the HanesBrands acquisition. GAAP diluted EPS from continuing operations was $0.49 and adjusted diluted EPS was $1.28. The company updated its full-year 2026 guidance and announced the sale of HanesBrands Australia.
- Q2 net sales from continuing operations $1.58 billion, +72.3% YoY.
- Adjusted operating margin 22.3%; GAAP operating margin 11.1%.
- Adjusted diluted EPS $1.28 (+32% YoY); GAAP EPS $0.49.
- Free cash flow $326 million; updated FY2026 guidance includes adjusted EPS $4.65-$4.75.
Headline financials
Revenue & EPS history
Gildan · Revenue · Quarterly
$1.58B
Revenue by segment
Gildan · $1.58B total across 2 segments · Q2 2026
- Retail$813M—51.4%
- Wholesale$769M—48.6%
Forward guidance
Updated full year 2026 guidance: revenue at low end of $6.0-6.2 billion, adjusted operating margin ~21.8%, adjusted diluted EPS $4.65-$4.75, free cash flow ~$1.0 billion. Three-year objectives maintained.
Tailwinds
- Strong integration progress and synergy capture on track for $100M in 2026.
- Expected $220M IEEPA tariff refunds in 2026.
- Sale of HanesBrands Australia for ~$490M to accelerate deleveraging.
Headwinds
- Revenue expected at low end of prior range due to integration impacts and market conditions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+0.9%
Avg return
Earnings day
+1.8%
Avg return
5 days after
+3.5%
Avg return
30 days after
51%
25 / 49 earnings
Positive
+19.9%
Q2 2018
Best reaction
-11.3%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | -3.1% | +6.2% | +8.3% | |
| Q2 2024 | +1.6% | -1.3% | +12.2% | |
| Q1 2024 | -3.3% | +4.0% | +15.4% | |
| Q3 2023 | +19.0% | +19.4% | +32.9% | |
| Q2 2023 | +0.7% | +1.6% | -1.6% | |
| Q1 2023 | -9.5% | -7.0% | -9.8% | |
| Q4 2022 | +12.1% | +9.3% | +11.0% | |
| Q3 2022 | -0.9% | -5.0% | +0.8% | |
| Q2 2022 | +5.4% | +3.7% | +1.6% | |
| Q1 2022 | -9.9% | -14.6% | -10.3% | |
| Q4 2021 | +1.7% | +2.4% | +0.1% | |
| Q3 2021 | +5.1% | +9.2% | +4.6% | |
| Q2 2021 | +3.8% | +6.9% | +13.6% | |
| Q1 2021 | +1.1% | +2.4% | +4.1% | |
| Q4 2020 | +11.5% | +12.3% | +13.2% | |
| Q3 2020 | -3.3% | +4.7% | +24.1% | |
| Q2 2020 | -1.3% | -0.7% | +12.5% | |
| Q1 2020 | -11.3% | -14.1% | -11.5% | |
| Q4 2019 | +0.1% | -7.7% | -62.9% | |
| Q3 2019 | +0.4% | +4.2% | +13.0% | |
| Q2 2019 | -1.8% | -5.4% | -6.8% | |
| Q1 2019 | +3.4% | +2.9% | -2.2% | |
| Q4 2018 | +2.7% | +4.7% | +6.8% | |
| Q3 2018 | +4.1% | +4.0% | +9.8% | |
| Q2 2018 | +19.9% | +17.6% | +13.4% | |
| Q1 2018 | +2.8% | -1.2% | -1.3% | |
| Q4 2017 | -1.9% | -3.7% | -4.6% | |
| Q3 2017 | -1.2% | +1.1% | +9.1% | |
| Q2 2017 | -0.1% | +3.2% | +5.0% | |
| Q1 2017 | +1.1% | +1.3% | +5.1% | |
| Q4 2016 | +3.3% | +2.5% | +5.7% | |
| Q3 2016 | -2.1% | +2.8% | +9.3% | |
| Q2 2016 | -5.0% | -5.9% | -3.9% | |
| Q1 2016 | -0.2% | — | — | |
| Q4 2015 | +3.1% | — | — | |
| Q3 2015 | +3.6% | — | — | |
| Q2 2015 | +4.9% | — | — | |
| Q1 2015 | -0.9% | — | — | |
| Q4 2014 | -6.1% | — | — | |
| Q3 2014 | -3.0% | — | — | |
| Q2 2014 | +7.1% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | -1.4% | — | — | |
| Q3 2013 | +3.7% | — | — | |
| Q2 2013 | +2.1% | — | — | |
| Q1 2012 | -4.6% | — | — | |
| Q4 2010 | -6.5% | — | — | |
| Q3 2010 | -2.1% | — | — | |
| Q2 2010 | -1.1% | — | — |
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