Welcome to our dedicated page for Gildan Activewr news (Ticker: GIL), a resource for investors and traders seeking the latest updates and insights on Gildan Activewr stock.
Gildan Activewear Inc. (GIL) is a leading vertically integrated manufacturer of basic clothing and activewear, renowned for brands like Gildan, Gold Toe, and Comfort Colors. This page serves as the definitive source for all official company announcements and market-moving developments.
Investors and industry professionals will find curated press releases covering quarterly earnings, strategic partnerships, manufacturing expansions, and product innovations. Our news collection enables stakeholders to track GIL's operational milestones within the global apparel sector, from supply chain initiatives to retail distribution updates.
All content is organized chronologically with clear sourcing to ensure transparency. Key coverage areas include sustainability progress, wholesale channel updates, and licensing agreements with major lifestyle brands. Bookmark this page for real-time access to GIL's financial communications and operational announcements that shape its market position.
Gildan Activewear (NYSE:GIL) and HanesBrands (NYSE:HBI) have announced a definitive merger agreement where Gildan will acquire HanesBrands in a transaction valued at approximately $4.4 billion enterprise value. Under the agreement, HanesBrands shareholders will receive 0.102 Gildan shares and $0.80 in cash per share, representing a 24% premium.
The merger will create a global basic apparel leader, with HanesBrands shareholders owning 19.9% of Gildan shares upon closing. The combined company expects to achieve $200 million in annual run-rate cost synergies within three years. The transaction is expected to be immediately accretive to Gildan's adjusted diluted EPS and over 20% accretive including synergies.
The deal is anticipated to close in late 2025 or early 2026, subject to regulatory approvals and HanesBrands shareholder approval. Gildan has secured $2.3 billion in committed transaction financing and expects to maintain an investment grade profile.
Gildan (NYSE:GIL) has announced an exclusive distribution agreement with S&S Activewear for its American Apparel® brand in the U.S. imprintables market, effective December 28, 2025.
The partnership aims to strengthen American Apparel's brand awareness and drive sales through S&S Activewear's nationwide network, leveraging their scale, technology, and customer relationships. The brand is known for its premium quality clothing, timeless styles, and commitment to sustainability, with products manufactured in Gildan's facilities under their Made With Respect™ program.
Gildan Activewear (NYSE:GIL) has announced S&S Activewear as its exclusive wholesale distributor for the Canadian printwear market, effective December 28, 2025. The partnership will cover Gildan's entire brand portfolio, including Gildan®, Comfort Colors®, American Apparel®, and Champion®.
The strategic alliance aims to enhance product availability and service for Canadian customers by combining Gildan's product supply capabilities with S&S Activewear's distribution network, which reaches over 99% of the Canadian population with one and two-day service. The partnership represents an expansion of their existing collaboration in the Canadian market.
Gildan Activewear (NYSE:GIL) reported record Q2 2025 results with net sales reaching $919 million, up 6.5% year-over-year. The company achieved an operating margin of 21.7% and adjusted operating margin of 22.7%. Activewear sales grew 12% to $822 million, while Hosiery and Underwear sales declined 23.3% to $96 million.
Key financial highlights include GAAP diluted EPS of $0.91 (up 160%) and record adjusted diluted EPS of $0.97 (up 31.1%). The company generated $188 million in operating cash flow and returned $145 million to shareholders through dividends and share repurchases.
Gildan narrowed its full-year 2025 adjusted EPS guidance to $3.40-$3.56, maintaining expectations for mid-single-digit revenue growth and approximately 50 basis points improvement in adjusted operating margin.
Gildan Activewear (NYSE:GIL) has scheduled its second quarter 2025 earnings release and conference call for Thursday, July 31, 2025. The company will issue a press release before market open, followed by a conference call at 8:30 AM ET.
Key executives participating in the call include CEO Glenn J. Chamandy, COO Chuck Ward, CFO Luca Barile, and SVP of IR Jessy Hayem. The call is primarily intended for financial analysts and institutional investors.
Gildan Activewear (NYSE:GIL) has received significant recognition for its sustainability efforts, being named to Canada's Best 50 Corporate Citizens list by Corporate Knights for the fourth consecutive year and TIME's World's Most Sustainable Companies list.
The company stands out as one of only two companies in the Textiles and Clothing Manufacturing sector on the Corporate Knights list, and one of 13 Canadian companies featured on TIME's global sustainability ranking. Companies were evaluated on multiple criteria, including resource management, sustainable revenue, employee management, and supplier performance.
CEO Glenn Chamandy emphasized that ESG is a key pillar of Gildan's Sustainable Growth strategy, highlighting the company's commitment to sustainable apparel manufacturing.
Gildan Activewear held its hybrid annual shareholders' meeting in Montréal on April 30, 2025, where shareholders voted on key resolutions. All eight proposed directors were successfully elected with strong majority support, with Glenn J. Chamandy receiving 99.94% approval and Michael Kneeland securing 95.84% of votes.
The company's shareholders also approved the appointment of auditors with 88.79% support and passed the advisory vote on Executive Compensation ("Say on Pay") with 83% approval. Notable director elections included Anne-Laure Descours (99.93%), Karen Stuckey (99.65%), and Peter Lee (88.63%).
Gildan operates as a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks. The company maintains vertically integrated manufacturing facilities primarily in Central America, the Caribbean, North America, and Bangladesh, marketing products under brands like Gildan®, American Apparel®, and Comfort Colors®.
Gildan Activewear reported strong Q1 2025 results with net sales of $712 million, up 2.3% year-over-year. The company's Activewear segment saw 9% growth, reaching $647 million, driven by higher sales volumes and favorable product mix in North America.
Key financial highlights include:
- Operating margin of 18.2% and adjusted operating margin of 19.0%
- GAAP diluted EPS of $0.56, up 19% from prior year
- Adjusted diluted EPS of $0.59
- $62 million returned to shareholders through share repurchases
The company maintained its 2025 guidance, projecting mid-single-digit revenue growth and adjusted operating margin improvement of approximately 50 basis points. Despite challenging macroeconomic conditions, Gildan's focus on its Sustainable Growth strategy continues to drive results through capacity expansion, innovation, and ESG initiatives.
Gildan Activewear (GIL) has announced it will release its first quarter 2025 financial and operating results on Tuesday, April 29, 2025 after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results.
Investors can access the conference call by dialing (800) 715-9871 (Canada & U.S.) or (646) 307-1963 (international) with passcode 4627819#. A 7-day replay will be available starting at 8:00 PM EST. An audio webcast and replay will also be accessible online.
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