Gildan Reports Record Third Quarter Revenue and Adjusted Diluted EPS and Updates its Full Year 2025 Guidance

October 29, 2025

  • Record third quarter net sales of $911 million
  • Operating margin of 21.1%, record adjusted operating margin1 of 23.2%
  • GAAP diluted EPS of $0.80 and record adjusted diluted EPS1 of $1.00
  • Company narrows its adjusted diluted EPS1 guidance range and also updates full year adjusted operating margin1, capex and free cash flow1 guidance
  • On August 13, 2025, Company announced the proposed combination with HanesBrands to create a global basic apparel leader; the transaction is expected to close later this year or early in 2026


Montreal, Wednesday, October 29, 2025 – Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the third quarter ended September 28, 2025 and updated its full year 2025 guidance.

"We were pleased with this quarter’s results as we continue to drive profitable growth, supported by strong net sales growth of 5.4% in Activewear which allowed us to deliver record adjusted diluted EPS. Our record-setting third quarter results once again showcase the effectiveness of the Gildan Sustainable Growth (GSG) strategy to drive strong financial performance, and we're excited about the next phase of our growth journey. Our keen focus on execution, combined with Gildan’s low-cost vertically integrated business model, will be further enhanced by the added capabilities and reach introduced through the HanesBrands acquisition, which is expected to close later this year or early in 2026." said Glenn J. Chamandy, Gildan’s President and CEO.

Read the full press release by clicking here.

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