Gildan Activewear Third-Quarter Adjusted Earnings Jumps 54% YoY, Misses Forecast
MT newswire2026/11/05 20:07Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:07 PM EST, 11/05/2026 (MT Newswires) -- Gildan Activewear (GIL.TO) Thursday said third-quarter adjusted earnings jumped 54% to $1.54 per share, from $1.00 per share, in the prior year period. Analysts polled by FactSet had expected $1.57 per share. Net sales surged 61% to $1.47 billion, over the same period, missing the $1.62 billion forecast. Gildan shares fell 19% at CA$49.08 on the Toronto Stock Exchange. Its shares edged up $0.01, to $35.02, in New York trading.
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