Gildan Activewear (GIL) Expected to Announce Earnings on Thursday

Gildan Activewear (NYSE:GIL) (TSE:GIL) is expected to post its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Gildan Activewear to announce earnings of $1.60 per share and revenue of $1.62 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Gildan Activewear Stock Performance

GIL opened at $40.93 on Tuesday. The company’s 50 day moving average is $45.10 and its 200 day moving average is $55.67. The company has a current ratio of 1.93, a quick ratio of 1.01 and a debt-to-equity ratio of 1.15. The company has a market cap of $7.58 billion, a price-to-earnings ratio of 10.87 and a beta of 1.11. Gildan Activewear has a 12-month low of $39.15 and a 12-month high of $73.69.

Key Gildan Activewear News

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: No new positive operating or financial catalyst was reported in the articles.
• Neutral Sentiment: The notices largely repeat the same lawsuit and deadline information rather than announcing a new court ruling. Investors who purchased Gildan securities from February 19, 2025, through June 15, 2026, may seek appointment as lead plaintiff by December 14, 2026. Deadline alert regarding Gildan securities class action
• Negative Sentiment: The complaint alleges that Gildan made material misstatements or omissions about its business practices and internal controls, including an alleged channel-stuffing scheme that pulled approximately $500 million of revenue forward. The allegations have not been proven, but they raise potential legal costs, reputational damage, financial-reporting concerns and uncertainty about prior results. Gildan shareholder alert and lawsuit allegations
• Negative Sentiment: The unusually large number of law-firm alerts on November 1–2 keeps the litigation in investor focus and may amplify selling pressure. The stock’s weak technical position—near its $39.15 52-week low versus a $73.69 high—suggests the market is already discounting elevated risk. Hagens Berman Gildan investor notice

Analyst Ratings Changes

Several research analysts have weighed in on GIL shares. Citigroup reiterated a “neutral” rating on shares of Gildan Activewear in a research report on Tuesday, August 4th. BMO Capital Markets set a $64.00 price target on shares of Gildan Activewear and gave the stock an “outperform” rating in a research note on Monday, October 26th. TD cut their price objective on shares of Gildan Activewear from $80.00 to $54.00 and set a “buy” rating for the company in a research report on Thursday, September 24th. Royal Bank Of Canada cut their price objective on shares of Gildan Activewear from $82.00 to $70.00 and set an “outperform” rating for the company in a research report on Tuesday, October 20th. Finally, Scotiabank restated a “sector outperform” rating and issued a $67.00 price objective (up from $65.00) on shares of Gildan Activewear in a research note on Friday, July 31st. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Gildan Activewear presently has a consensus rating of “Moderate Buy” and an average target price of $70.40.

Gildan Activewear Company Profile

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company’s product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.