Gildan Activewear stock gained 2.56 percent as Q2 sales rose
Published on 10/07/2026 at 04:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Gildan Activewear (CA3759161035) stock gained 2.56 percent to USD 41.72 on October 6, 2026, on the NYSE, after opening at USD 40.93 and reaching USD 41.74. The move leaves the apparel maker near the lower end of its USD 39.93 to USD 73.70 52-week range, while its second-quarter results and legal scrutiny remain central to the investment case.
Q2 sales rose 72.3 percent
According to TradingView, Gildan reported USD 1.58 billion in second-quarter 2026 net sales from continuing operations on July 30, 2026, up 72.3 percent from the prior-year period. The acquisition of HanesBrands drove much of the increase.
The same July 30 results included adjusted diluted EPS of USD 1.28 and an adjusted operating margin of 22.3 percent. Operating cash flow reached USD 347 million, while the company guided for 2026 revenue at the low end of its earlier USD 6.0 billion to USD 6.2 billion range and adjusted diluted EPS of USD 4.65 to USD 4.75.
Consensus target stands above USD 76
MarketBeat lists a Moderate Buy consensus based on 15 analysts, with an average price target of USD 76.77, a high target of USD 111.00 and a low target of USD 54.00. The average target lies 84.0 percent above the October 6 NYSE price of USD 41.72.
The analyst picture is not uniformly supportive. TradingView reported on September 24, 2026, that TD Securities kept a Buy rating but cut its target from USD 80 to USD 54, citing softer demand in activewear and retail channels.
Legal scrutiny adds a risk factor
STL.News reported on October 3, 2026, that Rosen Law Firm was investigating potential securities claims and preparing a prospective class action after earlier short-seller allegations about Gildan's revenue growth and sales practices. Gildan has defended its disclosures, and the allegations remain unproven.
The market is therefore balancing acquisition-driven sales growth against questions about demand quality, integration and future margins. The next reported quarter will matter because it can show whether the USD 1.58 billion Q2 sales base translates into sustained organic growth.
Gildan stock remains near its yearly low
Gildan Activewear stock was last at USD 41.72 on the NYSE on October 6, 2026, with a market capitalization of USD 6.4 billion and volume of 3,406,616 shares. The price stood USD 1.79 above the 52-week low of USD 39.93 and USD 31.98 below the 52-week high of USD 73.70.
Gildan Activewear stock facts
- Company: Gildan Activewear Inc.
- ISIN: CA3759161035
- Ticker: GIL
- Trading venue: NYSE
- Price (as of October 6, 2026): USD 41.72
- Market capitalization: USD 6.4 billion (as of October 6, 2026)
- 52-week range: USD 39.93-73.70 (as of October 6, 2026)
- Sector / Industry: Consumer Discretionary / Textiles, Apparel and Luxury Goods
