Rosen investigates Gildan as TD cuts target for Gildan Activewear stock

Published on 10/06/2026 at 16:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rosen opened a securities inquiry on October 5, 2026. For Gildan Activewear stock, revenue was USD 1.58 billion in the second quarter of 2026.

GIL, CA3759161035, Illustration mit AI erstellt.

Rosen Law Firm opened an investigation into potential securities claims involving Gildan Activewear on October 5, 2026, while TD Securities had cut its target from USD 80.00 to USD 54.00 on September 24, 2026. The latest legal notice concerns allegations about business information, while the analyst action adds a direct valuation counterpoint for Gildan Activewear stock.

Legal scrutiny raises the stakes

According to GlobeNewswire on October 5, 2026, Rosen is investigating potential claims and preparing a prospective class action. The notice links the allegations to questions raised after a June 16 short-seller report about Gildan's organic growth and sales practices.

The legal development is a risk factor alongside the company's acquisition integration. Gildan's investor-relations page identifies second-quarter 2026 results as a key reporting item, and the figures show sharp sales growth but a more complex earnings picture.

Sales grew after HanesBrands deal

As Yahoo Finance reported on September 24, 2026, Gildan generated USD 1.58 billion in second-quarter 2026 net sales from continuing operations, up 72.30 percent from the prior-year period. Adjusted diluted earnings per share reached USD 1.28, while adjusted operating margin was 22.30 percent.

The comparison matters because the sales increase was driven primarily by the HanesBrands acquisition, while the company generated USD 347.00 million in operating cash flow and USD 326.00 million in free cash flow in the same quarter. Gildan's investor-relations page lists the second-quarter results and the integration context for the enlarged group.

TD target cut sets valuation marker

According to MarketBeat on September 24, 2026, TD Securities maintained a Buy rating while lowering its target from USD 80.00 to USD 54.00. The same report cited a broader Moderate Buy consensus and an average target of USD 78.23.

For investors, the key tension is visible in the numbers: revenue increased 72.30 percent year over year, while the target cut reflects concern about softer demand across activewear and retail channels. Gildan's updated outlook also places full-year 2026 revenue at the low end of its USD 6.0 billion to USD 6.2 billion range, with adjusted diluted earnings per share of USD 4.65 to USD 4.75.

Market value and listing

Gildan Activewear had a market capitalization of USD 6.3 billion as of October 6, 2026. Its primary listing is the Toronto Stock Exchange under ticker GIL.TO, where a quote page showed CAD 58.39 at the close of October 2, 2026.