Gildan Activewear Inc. reported record Q1 2026 net sales of $1.17 billion, up 63.8% year-over-year due to HanesBrands acquisition, with adjusted operating margin of 14.3% and maintained full-year 2026 guidance.
Key takeaways
Record Q1 net sales from continuing operations $1.17B, up 63.8% YoY driven by HanesBrands acquisition.
Adjusted operating margin 14.3%, ahead of guidance despite integration costs.
GAAP diluted loss per share $0.30; adjusted diluted EPS $0.43, down 27.1% YoY.
On track for $100M synergies in 2026 and $250M annual run-rate over three years.