Gildan Activewear Inc. reported earnings results for the first quarter ended March 29, 2026. For the first quarter, the company reported sales was USD 1,165.94 million compared to USD 711.67 million a year ago. Net loss was USD 65.79 million compared to net income of USD 84.68 million a year ago.
Basic loss per share from continuing operations was USD 0.3 compared to basic earnings per share from continuing operations of USD 0.56 a year ago. Diluted loss per share from continuing operations was USD 0.3 compared to diluted earnings per share from continuing operations of USD 0.56 a year ago. Basic loss per share was USD 0.36 compared to basic earnings per share of USD 0.56 a year ago.
Diluted loss per share was USD 0.36 compared to diluted earnings per share of USD 0.56 a year ago.
Gildan Activewear Inc. is a manufacturer of everyday basic apparel. Its product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters, or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan, Hanes, Comfort Colors, American Apparel, ALLPRO, GOLDTOE, Peds, Bali, Playtex, Maidenform, Bonds, as well as Champion which is under an exclusive licensing agreement for the printwear channel in the United States and Canada. It owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh.
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