Gildan Activewear Posts Loss as HanesBrands Acquisition Lifts Sales

Dow Jones

Apr 30

By Adriano Marchese

Gildan Activewear reported a first-quarter loss even as sales rose, lifted by contributions from the company's recently acquired HanesBrands business.

The apparel manufacturer on Thursday posted a net loss of $65.8 million, or 36 cents a share compared with a profit of $84.7 million, or 56 cents a share, in the comparable quarter a year ago.

Adjusted earnings were 43 cents a share. According to FactSet, analysts were expecting adjusted earnings of 35 cents a share.

Net sales rose to $1.17 billion from $711.7 million, topping targets of $1.14 billion.

Gildan Activewear said that the increase includes the contribution of HanesBrands as it looks to capture synergies of the combination.

The company reiterated its expectations of $6 billion to $6.2 billion in revenue for the year, as well as adjusted earnings of $4.20 to $4.40 a share.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

April 30, 2026 07:12 ET (11:12 GMT)

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According to FactSet, analysts were expecting adjusted earnings of 35 cents a share.Net sales rose to $1.17 billion from $711.7 million, topping targets of $1.14 billion.Gildan Activewear said that the increase includes the contribution of HanesBrands as it looks to capture synergies of the combination.The company reiterated its expectations of $6 billion to $6.2 billion in revenue for the year, as well as adjusted earnings of $4.20 to $4.40 a share.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GIL":"吉登运动服"},"translate_title":"收购HanesBrands提振销售额，Gildan Activewear出现亏损","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GIL":1.5},"content_text":"By Adriano Marchese \n\n\n \n\n\n  Gildan Activewear reported a first-quarter loss even as sales rose, lifted by contributions from the company's recently acquired HanesBrands business. \n\n\n  The apparel manufacturer on Thursday posted a net loss of $65.8 million, or 36 cents a share compared with a profit of $84.7 million, or 56 cents a share, in the comparable quarter a year ago. \n\n\n  Adjusted earnings were 43 cents a share. 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