Gildan Earnings Reports

Gildan delivered a strong second quarter with record revenue of $919 million and record adjusted EPS of $0.97, driven by robust Activewear performance, improved gross margin, and operational efficiency. However, Hosiery and International segments saw declines.

Gildan achieved record revenue of $821.52 million in Q4 2024, up 5.0% YoY, fueled by strong activewear sales (+10.9%) and international growth (+20.3%). Adjusted EPS increased by 10.67% YoY to $0.83. However, net income declined by 13.7% due to higher financial expenses. The company generated $208 million in free cash flow and returned $246 million to shareholders. 2025 guidance anticipates mid-single-digit revenue growth and a 13-19% increase in adjusted EPS.