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Gildan Activewear (NYSE:GIL) Releases Earnings Results, Beats Expectations By $0.02 EPS
Gildan Activewear (NYSE:GIL) announced strong Q4 earnings, surpassing analyst expectations with $0.96 EPS on $1.08 billion in revenue, reflecting a 31.1% increase year-over-year. Despite beating Q4 estimates and raising synergy targets following the HanesBrands acquisition, the company’s updated FY 2026 guidance for EPS led to a 4.6% stock decline as it fell below street expectations. Analysts, however, maintain a “Moderate Buy” rating with an $80.00 consensus price target for the textile maker.