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Gildan Activewear

Logo: Gildan Activewear, Public domain, via Wikimedia Commons5

Canadian clothing company

Gildan Activewear Inc. is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, hoodies and fleeces, which are subsequently decorated by screen printing companies with designs and logos. The company also supplies branded and private label athletic, casual, and dress socks to retail companies in the United States including Gold Toe Brands, PowerSox, SilverToe, Auro, All Pro, and the Gildan brand. The company also manufactures and distributes Under Armour and New Balance brand socks.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$3.6BRevenue, fiscal 20256
$398.9MNet income, fiscal 20256
May 8, 1984Founded1

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  • TickerGIL on NYSE1
  • Industrytextile industry1
  • HeadquartersMontreal1
  • Websitewww.gildan.com
  • Legal formbusiness corporation1
  • Listed onNew York Stock Exchange (GIL), Toronto Stock Exchange (GIL)1
  • Incorporated inCanada (Federal Level)7
  • Business address600 Boulevard De Maisonneuve Ouest, 33Rd Floor, Montreal, H3A 3J27
  • LEI549300SB3IBI34M00Z454
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address600 de Maisonneuve Boulevard West, H3A 3J2 Montreal, Canada4
  • Registered withCorporations Canada, 169105-84

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Montreal KPMG Tower
Photo: MTLskyline, CC BY-SA 3.0, via Wikimedia Commons9

Gildan Activewear Inc. (pronounced [/ˈɡɪldən/], French: Les Vêtements de Sport Gildan Inc.) is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, hoodies and fleeces, which are subsequently decorated by screen printing companies with designs and logos. The company also supplies branded and private label athletic, casual, and dress socks to retail companies in the United States including Gold Toe Brands, PowerSox, SilverToe, Auro, All Pro, and the Gildan brand. The company also manufactures and distributes Under Armour and New Balance brand socks. The company has approximately 50,000 employees worldwide, and owns and operates manufacturing facilities in Rio Nance, Honduras and the Caribbean.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

31.2%Gross margin6
17.1%Operating margin6
11.0%Net margin6
10.7%Revenue growth, 20256
$499.9MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue69¢$2.5B
  • Selling, general and admin11¢$389.4M
  • Other costs7¢$264.4M
  • Income tax2¢$77.3M
  • Profit11¢$398.9M

Out of $3.6B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending18¢$106.4M
  • Dividends paid22¢$135.2M
  • Kept or used elsewhere60¢$364.6M

Out of $606.3M of cash from operations.6

Financial statements

Revenue1011121314156$3.6B in 2025+32% since 2017
0$1.0B$2.0B$3.0B$4.0B2017: $2.8B$2.8B20172018: $2.9B$2.9B2018+6%2019: $2.8B$2.8B2019−3%2021: $2.0B$2.0B2021−30%2022: $2.9B$2.9B2022+48%2023: $3.2B$3.2B2023+9%2024: $3.3B$3.3B2024+2%2025: $3.6B$3.6B2025+11%
Gross profit1011121314156$1.1B in 2025+41% since 2017
0$500.0M$1.0B$1.5B2017: $801.2M$801.2M20172018: $806.0M$806.0M2018+1%2019: $704.5M$704.5M2019−13%2021: $249.1M$249.1M2021−65%2022: $940.2M$940.2M2022+278%2023: $880.1M$880.1M2023−6%2024: $1.0B$1.0B2024+14%2025: $1.1B$1.1B2025+13%
Operating income1011121314156$619.9M in 2025+55% since 2017
-$250.0M0$250.0M$500.0M$750.0M2017: $401.0M$401.0M20172018: $403.2M$403.2M2018+1%2019: $289.0M$289.0M2019−28%2021: -$180.8M-$180.8M20212022: $651.9M$651.9M20222023: $643.9M$643.9M2023−1%2024: $618.2M$618.2M2024−4%2025: $619.9M$619.9M2025+0%
Net income6$398.9M in 2025−0% since 2024
0$200.0M$400.0M$600.0M2024: $400.9M$400.9M20242025: $398.9M$398.9M2025−0%

Every line of the income statement as filed: the last 2 fiscal years, latest first.6

Period ending2025-12-312024-12-31
Net sales (note 29)$3.6B$3.3B
Cost of sales$2.5B$2.3B
Gross profit$1.1B$1.0B
Selling, general and administrative expenses (note 18(a))$389.4M$390.8M
Restructuring and acquisition-related costs (recoveries) (note 19)$120.6M-$5.3M
Operating income$619.9M$618.2M
Financial expenses, net (note 16(c))$148.7M$104.2M
Earnings before income taxes-$400.0K$514.1M
Income tax expense (note 20)$77.3M$113.2M
Net earnings from continuing operations$393.9M$400.9M
Discontinued operations$4.9M$0
Net earnings$398.9M$400.9M
Cash flow hedges (note 16(d))-$37.2M-$13.7M
Actuarial (loss) gain on employee benefit obligations (note 13(a))-$2.4M-$817.0K
Translation adjustments$16.9M$0
Other comprehensive income-$22.7M-$14.5M
Comprehensive income$376.2M$386.4M
Basic (in dollars per share)$2.61$2.46
Diluted (in dollars per share)$2.61$2.46

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Corporate structure

Gildan Activewear sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Gildan Activewear

  • CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Filed SCHEDULE 13G/A on Gildan Activewear, latest Aug 14, 2026 (3 filings since Feb 14, 2022)
  • Janus Henderson Group Ltd. Filed SCHEDULE 13G/A on Gildan Activewear, latest May 15, 2026 (5 filings since May 14, 2025)
  • 1832 Asset Management L.P. Filed SCHEDULE 13G/A on Gildan Activewear, latest Oct 16, 2025 (3 filings since Apr 15, 2025)
  • COOKE & BIELER LP Filed SCHEDULE 13G/A on Gildan Activewear, latest Aug 12, 2025 (2 filings since Feb 13, 2024)
  • FMR LLC Filed SCHEDULE 13G/A on Gildan Activewear, latest Feb 12, 2025 (4 filings since Feb 9, 2022)
  • JARISLOWSKY, FRASER Ltd Filed SCHEDULE 13G/A on Gildan Activewear, latest Feb 10, 2025 (5 filings since Feb 14, 2022)
  • BROWNING WEST LP Filed SC 13D/A on Gildan Activewear, latest Dec 4, 2024 (8 filings since Jan 8, 2024)
  • PZENA INVESTMENT MANAGEMENT LLC Filed SCHEDULE 13G on Gildan Activewear, latest Oct 22, 2024 (5 filings since Jan 24, 2022)
  • BANK OF NOVA SCOTIA Filed SC 13G/A on Gildan Activewear, latest Oct 10, 2024 (4 filings since Dec 26, 2023)
  • Coliseum Capital Management, LLC Filed SC 13D/A on Gildan Activewear, latest Aug 21, 2024 (5 filings since May 15, 2023)
  • BlackRock Filed SC 13G/A on Gildan Activewear, latest Feb 7, 2024 (2 filings since Feb 2, 2024)
  • Gildan Activewear Montreal, Quebec, Canada
    • GILDAN ACTIVEWEAR SRL Subsidiary · Christ Church, Barbados

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Gildan Activewear reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$1.5B6 Dec 28, 2025$1.2B6 Dec 29, 2024+25.1%
Operating-lease assets (leased space)$234.8M6 Dec 28, 2025$95.6M6 Dec 29, 2024+145.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$284.5M6 Dec 28, 2025$98.8M6 Dec 29, 2024+187.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$868.8M6 Dec 28, 2025$271.7M6 Dec 29, 2024+219.8%
Intangible assets, net (excluding goodwill)$3.0B6 Dec 28, 2025$253.3M6 Dec 29, 2024+1092.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.4B6 Dec 28, 2025$1.1B6 Dec 29, 2024+113.4%

Acquisitions

Gildan opened its first offshore sewing facility in Honduras, in 1997. The plant was vertically integrated and employed 1,200 workers. A year later, the company achieved an initial public offering and was listed publicly on both the Toronto Stock Exchange and the NYSE American (then the American Stock Exchange).

By 2001, Gildan was the leading distributor of 100% cotton T-shirts in the US as determined by the ACNielsen S.T.A.R.S. Report. The next year, the company opened a knitting, bleaching, dyeing, finishing, and cutting facility in Rio Nance, Honduras.

In 2010, the company invested $15m in Shahriyar Fabric Industries Limited in Bangladesh to support planned growth in Asia and Europe.

In May 2012, Gildan again expanded with its purchase of 130-year old apparel maker Anvil Holdings, Inc., the parent company of Anvil Knitwear and producer of environmentally-friendly lines of sustainable, recycled, and organic apparel.

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In 2014, Gildan acquired Doris Hosiery for CA$110 million.

In February 2015, Gildan announced its intent to purchase the Comfort Colors brand and assets, for a total purchase price of approximately US$100 million.

In 2016, Gildan announced its $55 million purchase of PEDS Legwear.

In 2017, Gildan acquired American clothing company American Apparel for $88 million.

In 2021, Gildan acquired 100 percent of the equity interests of Phoenix Sanford, LLC.

On 11 December 2023, Glenn J. Chamandy left his position as president and chief executive officer and director of the company. Vince Tyra was appointed president and CEO effective 12 February 2024, with Craig A. Leavitt assuming the position of president and Chief executive officer during the interim period.

On 19 March 2024, Gildan announced its intention to sell the company after a special committee review and amid a battle between its top stockholders, following the dismissal and proposed reinstatement of co-founder Glenn Chamandy as CEO.

On 13 August 2025, Gildan agreed to purchase American undergarments manufacturer Hanesbrands for US$2.2 billion in cash and stock. The deal is expected to close in late 2025 or early 2026. Shareholders have approved the deal.

In July 2026, Gildan entered an agreement to sell its Hanesbrands Australia business to BB FIT Investments for US$490 million.

From Wikipedia’s article on Gildan, shared under CC BY-SA 4.0.8

Former names

  • GILDAN ACTIVEWEAR INCApr 15, 1999 to Jan 9, 20077

Timeline

  1. May 8, 1984Founded Founded1

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1 a share, on Oct 29, 2025.17

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

151 filings to the SEC since October 2021: 6 annual reports, 46 large holders, 99 other. The latest 20:

  1. Aug 14, 2026SCHEDULE 13G/A EDGAR
  2. Aug 14, 20266-K EDGAR
  3. Jul 30, 20266-K EDGAR
  4. Jul 30, 20266-K EDGAR
  5. Jun 25, 202611-K EDGAR
  6. May 28, 2026SD EDGAR
  7. May 15, 2026SCHEDULE 13G/A EDGAR
  8. May 6, 2026144 EDGAR
  9. May 1, 20266-K EDGAR
  10. Apr 30, 20266-K EDGAR
  11. Apr 30, 20266-K EDGAR
  12. Mar 26, 20266-K EDGAR
  13. Mar 5, 2026SCHEDULE 13G EDGAR
  14. Feb 26, 20266-K EDGAR
  15. Feb 26, 202640-F EDGAR
  16. Feb 26, 20266-K EDGAR
  17. Feb 17, 2026SCHEDULE 13G/A EDGAR
  18. Dec 16, 20256-K EDGAR
  19. Dec 9, 2025144 EDGAR
  20. Dec 5, 20256-K EDGAR

The 151 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Caisse de depot et placement du Quebec11,679,294$601.9M0.9%+1,238,000
Jupiter Topco LLC11,111,694$573.4M0.2%New
Mackenzie Financial Corp6,748,764$493.5M0.5%+165,341
Royal Bank Of Canada6,829,868$352.4M0.1%−81,721
Cooke & Bieler LP6,521,892$336.5M3.9%+197,826
1832 Asset Management L.P.6,395,460$330.0M0.4%+561,272
Bank Of Montreal /can/5,852,695$301.4M0.1%+995,763
Vanguard Capital Management LLC5,108,817$263.4M0.0%+117,988
Fmr LLC4,788,997$246.9M0.0%−7,839
Manufacturers Life Insurance Company, The4,561,775$234.8M0.2%−2,144,303
Rubric Capital Management LP4,500,000$232.2M2.1%+3,104,210
Browning West LP4,178,835$215.6M12.8%No change
Anomaly Capital Management, LP3,750,033$193.5M7.4%+145,620
Sachem Head Capital Management LP3,640,000$187.8M3.9%−500,000
Cardinal Capital Management, Inc.3,026,915$155.7M3.8%+440,770
CIBC Asset Management Inc2,777,963$144.4M0.3%+1,562,090
Norges Bank2,461,732$126.8M0.0%New
Point72 Asset Management, L.P.2,140,110$110.4M0.2%+1,986,386
TD Waterhouse Canada Inc.1,947,328$101.0M0.3%+121,661
Morgan Stanley1,926,749$99.4M0.0%−91,319
Geode Capital Management, LLC1,852,840$95.2M0.0%+203,778
Invesco Ltd.1,743,185$89.9M0.0%+12,685
Bahl & Gaynor LLC1,727,639$89.1M0.4%+147,827
Goldman Sachs Group Inc1,651,653$85.2M0.0%+233,875
Federation des caisses Desjardins du Quebec1,648,371$84.4M0.3%+868,111

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

7 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 17, 2026Thomas H. Kean, Jr.Republican, HouseSale$1,001 - $15,000+25.1%Report
Jun 2, 2026Thomas H. Kean, Jr.Republican, HouseBuy$1,001 - $15,000−29.7%Report
May 11, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−31.6%Report
Apr 29, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−33.8%Report
Apr 27, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−35.3%Report
Apr 24, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−36.4%Report
Apr 22, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−39.4%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Gildan Activewear is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGildan Activewear Inc.2
  • CIK0001061894
  • Incorporated inCanada29
  • Fiscal year endsJanuary 32
  • Industry code (SIC)2300 Apparel & Other Finishd Prods of Fabrics & Similar Matl2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address600 Boulevard De Maisonneuve Ouest, 33Rd Floor, Montreal, H3A 3J2, Quebec, Canada2
  • Phone51473520232
  • Shares outstanding185,152,443 shares as of Dec 28, 202529
  • On EDGAR sinceMar 17, 19992
  • Filings521 in all: 6-K (297), SC 13G/A (65), SC 13G (37), 40-F (25), SC 13D/A (17), SD (13), SCHEDULE 13G/A (11), 144 (9)2
    All 29 form types

    UPLOAD (6), CORRESP (4), S-8 (4), SCHEDULE 13G (4), 40-F/A (3), 6-K/A (3), 8-A12B (3), 8-A12B/A (2), CERTNYS (2), F-1/A (2), F-X (2), S-8 POS (2), SC 13D (2), 11-K (1), 424B1 (1), 425 (1), D (1), F-1 (1), F-4 (1), F-4/A (1), REGDEX/A (1)

  • Latest filingsAnnual report (40-F) Feb 26, 2026

Securities registered for trading

ClassSymbolExchange
Common SharesGILNew York Stock Exchange
Rights to Purchase Common SharesGILNew York Stock Exchange

From the cover page of the 40-F filed Feb 26, 2026 (Section 12(b) of the Exchange Act).29

Sources

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