Gildan Activewear Fiscal Q3 Adjusted Earnings, Sales Rise; 2026 Guidance Lowered

06:34 AM EST, 11/05/2026 (MT Newswires) -- Gildan Activewear (GIL) reported fiscal Q3 adjusted earnings Thursday of $1.54 per diluted share, up from $1 a year earlier. Analysts polled by FactSet expected $1.57. Net sales for the quarter ended Sept. 27 were $1.47 billion, up from $910.6 million a year ago. Analysts expected $1.62 billion. For 2026, the company now expects adjusted EPS of $3.70 to $3.80, compared with the prior guidance of $4.65 to $4.75. Analysts expect $4.56. Full-year revenue is now expected to be between $5.40 billion and $5.50 billion, compared with its previous guidance of between $6 billion and $6.20 billion. Analysts are looking for $5.93 billion.