olivLaw · US equity research
Gildan Activewear Inc. GIL
Apparel & Other Finishd Prods of Fabrics & Similar Matl · SIC 2300 · Vertical: Apparel & Other Finishd Prods of Fabrics & Similar Matl (SIC 2300)
Gildan Activewear is a Canadian basic apparel maker listed on the TSX and NYSE. It closed the acquisition of HanesBrands on December 1, 2025, a deal that substantially changed the scale of its business, and the integration of that deal remains the main point of interest for investors.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Gildan Activewear Inc. (GIL) stock was 43.27 USD (+6.55% on the day), with market capitalisation 8.0 bn USD, P/E 16.6 on diluted EPS of 2.61 USD over the last 12 months, dividend yield 1.69%, beta 1.00, 52-week range 39.70–72.58 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 56.1
- strong (55–70)
- Bollinger (20, 2)
- 39.31 – 42.79
- above the upper band · %B 1.14 · band width 8.5%
- SMA 50 / 200
- 44.59 / 55.42
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.88 / -1.35
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +6.4% | −1.1% | +7.5 pp | — |
| 3 months | −25.5% | −0.5% | −25.1 pp | — |
| 6 months | −29.4% | +4.4% | −33.8 pp | — |
| Year to date | −30.7% | +12.3% | −43.0 pp | — |
| 1 year | −23.8% | +13.5% | −37.3 pp | +10.9% |
| 3 years | +30.2% | +76.4% | −46.2 pp | +2.9% |
| 5 years | +7.2% | +63.7% | −56.5 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 29 percentile of its own 7-quarter history (min 10.9, median 19.0, max 24.3; quarters with earnings only).
Fiscal years
| Fiscal year | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.8 bn | 2.9 bn | 2.8 bn | 2.0 bn | 2.9 bn | 3.2 bn | 3.3 bn | 3.6 bn |
| Revenue YoY | unavailable | +5.7% | −2.9% | unavailable | +47.5% | +9.4% | +2.3% | +10.7% |
| Net income | 362.3 m | 350.8 m | 259.8 m | -225.3 m | 607.2 m | 533.6 m | 400.9 m | 398.9 m |
| Net income YoY | unavailable | −3.2% | −25.9% | unavailable | unavailable | −12.1% | −24.9% | −0.5% |
| Diluted EPS | 1.61 | 1.66 | 1.27 | -1.14 | 3.07 | 3.03 | 2.46 | 2.61 |
| Diluted EPS YoY | unavailable | +3.1% | −23.5% | unavailable | unavailable | −1.3% | −18.8% | +6.1% |
| net % | 13.2% | 12.1% | 9.2% | -11.4% | 20.8% | 16.7% | 12.3% | 11.0% |
| Free cash flow | 521.4 m | 430.9 m | 232.4 m | 364.4 m | 490.1 m | 343.3 m | 356.1 m | 499.9 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 28 Dec 2025
- Cash
- 284.5 m USD
- Financial debt
- 3.9 bn USD
- Net debt
- 3.6 bn USD
- Equity
- 3.6 bn USD
- Total assets
- 10.5 bn USD
- Debt / equity
- 1.08x
- Current ratio
- 2.11x
- ROE
- 15.9%
- ROA
- 5.6%
- FCF margin
- 13.8%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 2.8 bn | 2.0 bn | 2.9 bn | 3.2 bn | 3.3 bn | 3.6 bn | SEC (XBRL)· 26 Feb 2026verified |
| Cost of revenue | 2.1 bn | 1.7 bn | 2.0 bn | 2.3 bn | 2.3 bn | 2.5 bn | SEC (XBRL)· 26 Feb 2026verified |
| Gross profit | 704.5 m | 249.1 m | 940.2 m | 880.1 m | 1.0 bn | 1.1 bn | SEC (XBRL)· 26 Feb 2026verified |
| Operating income | 289.0 m | -180.8 m | 651.9 m | 643.9 m | 618.2 m | 619.9 m | SEC (XBRL)· 26 Feb 2026verified |
| Depreciation & amortisation | 156.8 m | 147.2 m | 135.4 m | 121.6 m | 138.2 m | 147.6 m | SEC (XBRL)· 26 Feb 2026verified |
| EBITDA | 445.8 m ≈ | -33.7 m ≈ | 787.3 m ≈ | 765.5 m ≈ | 756.4 m ≈ | 767.5 m ≈ | SEC (XBRL)· 26 Feb 2026derived |
| Pre-tax income | 249.8 m | -229.4 m | 624.6 m | 564.2 m | 514.1 m | 471.2 m | SEC (XBRL)· 26 Feb 2026verified |
| Income tax | -10.0 m | -4.1 m | 17.4 m | 30.6 m | 113.2 m | 77.3 m | SEC (XBRL)· 26 Feb 2026verified |
| Net income | 259.8 m | -225.3 m | 607.2 m | 533.6 m | 400.9 m | 398.9 m | SEC (XBRL)· 26 Feb 2026verified |
| Diluted EPS | 1.27 | -1.14 | 3.07 | 3.03 | 2.46 | 2.61 | SEC (XBRL)· 26 Feb 2026verified |
| Weighted average diluted shares | 204.6 m | 198.4 m | 197.6 m | 176.2 m | 163.2 m | 153.1 m | SEC (XBRL)· 26 Feb 2026verified |
| Dividend per share | 0.55 | 0.15 | 0.47 | 0.78 | 0.88 | 0.73 | SEC (XBRL)· 26 Feb 2026derived |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 64.1 m | 505.3 m | 179.2 m | 89.6 m | 98.8 m | 284.5 m | SEC (XBRL)· 26 Feb 2026verified |
| Inventories | 1.1 bn | 728.0 m | 774.4 m | 1.1 bn | 1.1 bn | 2.4 bn | SEC (XBRL)· 26 Feb 2026verified |
| Current assets | 1.5 bn | 1.5 bn | 1.4 bn | 1.7 bn | 1.9 bn | 4.7 bn | SEC (XBRL)· 26 Feb 2026verified |
| Property, plant & equipment, net | 995.0 m | 896.8 m | 985.1 m | 1.2 bn | 1.2 bn | 1.5 bn | SEC (XBRL)· 26 Feb 2026verified |
| Goodwill | 227.9 m | 206.6 m | 283.8 m | 271.7 m | 271.7 m | 868.8 m | SEC (XBRL)· 26 Feb 2026verified |
| Intangibles (excl. goodwill) | 289.9 m | 306.6 m | 230.0 m | 253.3 m | 253.3 m | 3.0 bn | SEC (XBRL)· 26 Feb 2026verified |
| Total assets | 3.2 bn | 3.0 bn | 3.1 bn | 3.5 bn | 3.7 bn | 10.5 bn | SEC (XBRL)· 26 Feb 2026verified |
| Accounts payable | 406.6 m | 343.7 m | 440.4 m | 408.3 m | 490.1 m | 1.3 bn | SEC (XBRL)· 26 Feb 2026verified |
| Long-term debt | 845.0 m | 1.0 bn | 600.0 m | 685.0 m | 1.2 bn | 3.9 bn | SEC (XBRL)· 26 Feb 2026verified |
| Current liabilities | 422.4 m | 359.6 m | 463.6 m | 724.1 m | 837.5 m | 2.2 bn | SEC (XBRL)· 26 Feb 2026verified |
| Total liabilities | 1.4 bn | 1.5 bn | 1.2 bn | 1.6 bn | 2.3 bn | 6.9 bn | SEC (XBRL)· 26 Feb 2026verified |
| Equity | 1.8 bn † | 1.6 bn † | 1.9 bn † | 2.0 bn † | 1.5 bn † | 3.6 bn † | SEC (XBRL)· 26 Feb 2026verified |
| Shares outstanding at year end | 199.4 m | 198.4 m | 192.3 m | 170.0 m | 152.4 m | 185.2 m | SEC (XBRL)· 26 Feb 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 361.0 m | 415.0 m | 617.5 m | 546.6 m | 501.4 m | 606.3 m | SEC (XBRL)· 26 Feb 2026verified |
| Capex | 128.7 m | 50.7 m | 127.5 m | 203.3 m | 145.3 m | 106.4 m | SEC (XBRL)· 26 Feb 2026verified |
| Free cash flow | 232.4 m ≈ | 364.4 m ≈ | 490.1 m ≈ | 343.3 m ≈ | 356.1 m ≈ | 499.9 m ≈ | SEC (XBRL)· 26 Feb 2026derived |
| Investing cash flow | -135.8 m | -57.5 m | -187.8 m | -154.9 m | -112.1 m | -236.0 m | SEC (XBRL)· 26 Feb 2026verified |
| Financing cash flow | -207.8 m | 83.5 m | -754.8 m | -452.8 m | -379.4 m | -177.1 m | SEC (XBRL)· 26 Feb 2026verified |
| Dividends paid | 110.3 m | 30.6 m | 90.5 m | 131.8 m | 133.5 m | 135.2 m | SEC (XBRL)· 26 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 48 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 8.0 bn USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet29
- Valuation44
- Quality74
- Growth31
- Returns54
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 9.60 – 88.41 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · insufficient data
- Peers: P/E29.04 – 88.41 (Mid 41.49)11 companies used · median multiple 15.9x · quartiles 11.1x – 33.9xAS, BRIA, COLM, CRI, FIGS, GIII, JRSH, LEVI, LULU, NCI, SGC
- Dividend discount (DDM)9.60 – 12.91 (Mid 11.01)
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 48/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 10.6% | 45 (vs peers) | 11% |
| Net margin · Quality | 11.0% | 94 (vs peers) | 7% |
| FCF conversion · Quality | 125.3% | 100 (on a fixed band) | 7% |
| Revenue CAGR 3Y · Growth | 7.4% | 62 (on a fixed band) | 9% |
| EPS CAGR 3Y · Growth | -5.3% | 0 (on a fixed band) | 9% |
| Net debt / EBITDA · Balance sheet | 4.7x | 0 (vs peers) | 11% |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 2.1x | 100 (on a fixed band) | 4% |
| P/E (TTM) · Valuation | 16.6x | 45 (vs peers) | 11% |
| EV/EBITDA · Valuation | 15.1x | 17 (vs peers) | 11% |
| FCF yield · Valuation | 6.2% | 78 (on a fixed band) | 9% |
| Shareholder yield (distributions) · Returns | 1.7% | 24 (on a fixed band) | 7% |
| Payout ratio (FCF) · Returns | 27.1% | 100 (on a fixed band) | 4% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet29/100 · 2/3 factors with a value
- Growth31/100 · 2/2 factors with a value
- Quality74/100 · 3/3 factors with a value
- Returns54/100 · 2/2 factors with a value
- Valuation44/100 · 3/3 factors with a value
Memo
GILDAN ACTIVEWEAR INC. (GIL). Latest full fiscal year: 2025; data up to 2025-12-28.
Figures computed from the financial statements: revenue 3.6 bn USD in 2025; YoY growth 10.7%; net margin 11.0%; ROE 15.9%; net debt/EBITDA 4.7x.
The estimated value range is 19.32–50.66 USD per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 26.25 USD, the price of 43.27 USD leaves a potential of -39.3% (value / price − 1) and a margin of safety of -64.8% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 48/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 11.0%
- FCF conversion: 125.3%
- Current ratio: 2.1x
- FCF yield: 6.2%
- Payout ratio (FCF): 27.1%
What contradicts it
- EPS CAGR 3Y: -5.3%
- Net debt / EBITDA: 4.7x
- EV/EBITDA: 15.1x
- Shareholder yield (distributions): 1.7%
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): Interest coverage.
Versus the vertical median
Apparel & Other Finishd Prods of Fabrics & Similar Matl (SIC 2300) · same industry (4-digit SIC) · compared with 16 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| ASAmer Sports, Inc. | 17.9 bn | 42.2 | 7.9% | 6.5% | +26.7% | −14% / unavailable |
| LULUlululemon athletica inc. | 11.8 bn | 9.2 | 30.9% | 12.8% | +4.9% | −39% / −75% |
| GILGildan Activewear Inc. | 8.0 bn | 16.6 | 15.9% | 11.0% | +10.7% | −24% / +30% |
| COLMColumbia Sportswear Company | 3.6 bn | 18.4 | 12.7% | 6.0% | +0.9% | +32% / −9% |
| GIIIG III Apparel Group Ltd | 1.4 bn | 10.8 | 7.7% | 4.8% | −7.0% | +14% / +15% |
| CRICarter’s, Inc. | 1.2 bn | 5.5 | 22.9% | 7.4% | unavailable | +5% / −51% |
| LEVILevi Strauss & Co | 894.9 m | 15.9 | 25.8% | 8.8% | +4.1% | +8% / +54% |
| SGCSuperior Group Of Companies, Inc. | 224.5 m | 25.6 | 4.3% | 1.4% | +0.1% | +45% / +18% |
| JRSHJerash Holdings (US), Inc. | 73.8 m | 15.3 | 7.6% | 2.8% | +14.0% | +87% / +103% |
| PASWPing An Biomedical Co., Ltd. | 60.1 m | — | -28.4% | -37.6% | unavailable | +541% / unavailable |
| BRIABrilliA Inc | 34.5 m | 11.5 | 21.5% | 4.4% | +15.1% | −23% / unavailable |
| NCINeo-Concept International Group Holdings Limited | 12.8 m | 63.1 | 0.6% | 0.2% | −41.9% | −93% / unavailable |
| UAUnder Armour, Inc. | — | — | -29.8% | -10.0% | −3.8% | +26% / −27% |
| FIGSFIGS, Inc. | 0 | 67.0 | 14.8% | 8.7% | +13.6% | +124% / +202% |
| ZGNErmenegildo Zegna N.V. | — | — | 10.1% | 5.1% | −1.5% | +39% / +30% |
| LANVLanvin Group Holdings Limited | — | — | -200.4% | -50.3% | −22.9% | −60% / −79% |
| GOOSCanada Goose Holdings Inc. | — | — | 19.8% | 7.0% | +1.1% | −36% / −20% |
1- and 3-year price returns: for GIL from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 21.72 Total return -49% · Per year -49% | 38.35 Total return -10% · Per year -10% | 57.70 Total return 35% · Per year 35% |
| 3 years | 22.32 Total return -45% · Per year -18% | 44.23 Total return 7% · Per year 2% | 72.88 Total return 75% · Per year 20% |
| 5 years | 22.94 Total return -41% · Per year -10% | 51.00 Total return 27% · Per year 5% | 92.05 Total return 124% · Per year 18% |
- Exit P/E± 11.06
- Net margin± 7.74
- Annual revenue growth± 6.18
- Annual dilution± 0.65
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Feb 2026; since then the company filed 6-K (14 Aug 2026), 6-K (30 Jul 2026), 6-K (01 May 2026), 6-K (30 Apr 2026).
In brief
Gildan Activewear is a Canadian basic apparel maker listed on the TSX and NYSE. It closed the acquisition of HanesBrands on December 1, 2025, a deal that substantially changed the scale of its business, and the integration of that deal remains the main point of interest for investors.1
SWOT
Strengths
- The company integrated a very large acquisition, and its report shows internal control considered effective for the group, with Hanes temporarily excluded from the assessment.
- The dual listing on the TSX and NYSE and compliance with governance standards in both jurisdictions give investors a high level of transparency.
- The financial statements are audited by a well-known firm, KPMG LLP, which also issued an attestation report on internal control.
Weaknesses
- Hanes was excluded from the fiscal 2025 internal control assessment, which leaves an unchecked area of risk in financial reporting.
- The acquisition brought very large assets and liabilities onto the balance sheet, and the net loss from Hanes in the first period shows the adjustment was not immediate.
- Audit and compliance costs rose with the complexity of the group, which reduces room for flexibility.
Opportunities
- Full integration of Hanes could allow cost synergies and better use of production capacity.
- A larger group could open access to new distribution channels and mass-market customers.
- If internal control processes are standardized, the company could strengthen investor confidence in both markets.
Threats
- Integration difficulties could delay the realization of synergies and affect financial results in the coming period.
- Competitive pressure in basic apparel could limit price increases and margins.
- Reporting risks could grow if Hanes stays outside the control perimeter until the end of the next reporting cycle.
Risks
- Hanes integrationhigh
The acquisition brought a very large balance sheet and a new operating structure. If integration is delayed, financial results could be affected.
- Incomplete internal controlhigh
Hanes was excluded from the fiscal 2025 internal control assessment. If weaknesses are not remediated, the risk of reporting errors could remain high.
- Audit and compliance costsmedium
Higher audit costs linked to the acquisition could continue. This could reduce profit margins if not offset.
- Dual regulationmedium
Complying with Canadian and US rules at once increases the administrative burden and can expose the company to compliance errors.
- Concentration in basic apparellow
The business remains concentrated in a segment whose margins are sensitive to price pressure and raw material costs.
Investment thesis
What would need to be true (bull case)
- If the Hanes integration succeeds, the company could gain a larger group with cost synergies and a stronger position in the mass consumer market.
- The listing on the TSX and NYSE and an audit by a well-known firm give investors a high level of transparency.
- If internal control is extended to the whole group, confidence in the reported figures could rise considerably.
What would break the thesis
- Integration difficulties could delay the benefits of the acquisition and keep losses at elevated levels in the first months.
- Excluding Hanes from the internal control assessment leaves an area of uncertainty in financial reporting.
- Rising audit and compliance costs could compress margins if they are not offset by efficiency gains.
What to watch
- Full inclusion of Hanes in the internal control assessment2026
- Development of net sales and net loss from the Hanes businessQ1 2026
- Realization of the cost synergies announced after the acquisition2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Feb 2026; since then the company filed 6-K (14 Aug 2026), 6-K (30 Jul 2026), 6-K (01 May 2026), 6-K (30 Apr 2026).
The business
Gildan Activewear Inc. is a Canadian issuer that files its annual report on Form 40-F and is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). The company follows both Canadian and US governance standards and publishes consolidated financial statements audited by KPMG LLP.1
The most important event of fiscal 2025 was the acquisition of HanesBrands LLC, completed on December 1, 2025. Hanes contributed net sales of 217 million USD with a net loss of 17 million USD since acquisition, which shows that the integration period was short at year end.1
The consolidated balance sheet at December 28, 2025 includes large current and non-current assets attributable to Hanes, and these acquired assets are the main comparability factor between fiscal years. Management excluded Hanes from its internal control assessment for fiscal 2025, so the full control review of this acquisition is not yet reflected in the report.1
Segments
Existing Gildan business
The sources reviewed do not break out pre-acquisition Gildan sales by product segment. Full segment detail would be in the management discussion (Exhibit 99.1), which was not included in the text provided for this analysis.1
HanesBrands business
Hanes brought in very large current and non-current assets, and this is the main structural change to the company in 2025. The source does not separately specify Hanes margins or revenue by product category, but the size of the balance sheet shows that this segment now dominates the new group structure.1
Market context
The basic apparel market in which Gildan and Hanes operate is not described quantitatively in the source provided. Market size and market shares would require the full Form 40-F or other reports that were not included in the material reviewed.1
The Hanes acquisition expanded the company's presence in the mass consumer segment, but the concrete effect on market position cannot be measured from the available documents. If integration is confirmed by results in coming quarters, the competitive picture could change meaningfully.1
Trends
- Consolidation of Hanesmixed
The HanesBrands integration brought a much larger balance sheet and a higher level of operational complexity. If synergies and internal controls are extended to Hanes, the company could benefit from a more efficient cost base.1
- Extending internal controlsmixed
Management excluded Hanes from the fiscal 2025 internal control assessment, which points to an integration still in progress. If this coverage is extended in the next period, confidence in financial reporting could increase.1
- Rising audit and compliance costsheadwind
Audit costs rose because of the expanded scope after the acquisition and services linked to US registration documents. This trend could continue if integration remains complex.1
- Dual Canada-US governancemixed
The company complies with Canadian and US rules at the same time, which can be a transparency advantage but also an extra administrative burden.1
Competitive position
The source provided does not list direct competitors of Gildan Activewear. A full competitive analysis would require information from the annual report or other documents not included in the material reviewed.1
The HanesBrands acquisition places the company in a competitive space where producers of high-volume basic apparel overlap. Its relative position against other producers cannot be determined from the sources analyzed alone.1
- HanesBrands (before acquisition)
Company acquired by Gildan on December 1, 2025; its assets are now included in the consolidated balance sheet.1
- Competitors named in the source
The source provided does not name direct competitors, so identities or tickers cannot be established without other documents.
- Basic apparel producers
The general category in which the company operates, without names specified in the source analyzed.
- Other participants in the consumer market
Indirect competition from apparel brands selling through retail channels, without details in the source.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- T-Shirt Maker Gildan Plunges on Short Seller’s Revenue ClaimBloomberg Markets · 16 Jun 2026 · EN
The latest news item in our archive is from 16 Jun 2026; the newest SEC filing is from 14 Aug 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report (foreign issuer)14 Aug 2026
- Current report (foreign issuer)30 Jul 2026
- Current report (foreign issuer)30 Jul 2026
- Current report (foreign issuer)01 May 2026
- Current report (foreign issuer)30 Apr 2026
- Current report (foreign issuer)30 Apr 2026
- Current report (foreign issuer)26 Mar 2026
- Current report (foreign issuer)26 Feb 2026
- Current report (foreign issuer)26 Feb 2026
- Current report (foreign issuer)16 Dec 2025
Sources
- [1] Form 40-F, fiscal year ended 2025-12-28 · SEC / Gildan Activewear Inc. · 26 Feb 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.