TSX:GILLuxury
How Surging Sales But a Net Loss At Gildan Activewear (TSX:GIL) Has Changed Its Investment Story
Gildan Activewear Inc. has reported past first-quarter 2026 results showing sales rising to US$1,165.94 million from US$711.67 million a year earlier, alongside a shift from US$84.68 million in net income to a US$65.79 million net loss.
Despite higher revenue, the move from earnings per share of US$0.56 to a basic loss per share of US$0.36 highlights pressure on costs and profitability that investors will be assessing closely.
We’ll now examine how Gildan’s higher sales but net loss in the...