Gildan Activewear Reports Q3 2026 Results, Updates Guidance, and Withdraws Long-Term Objectives

Gildan Activewear reported Q3 2026 net sales of $1.47 billion and adjusted diluted EPS of $1.54. It lowered its full-year outlook to revenue of $5.4 billion–$5.5 billion and adjusted diluted EPS of $3.70–$3.80, below prior market expectations, citing subdued demand and changing macroeconomic conditions. The company withdrew its 2026–2028 objectives and approved a normal course issuer bid to repurchase up to 5% of its outstanding common shares. Gildan plans to present an updated long-term outlook at an Investor Day in spring 2027.