Gildan Activewear Posts Loss as HanesBrands Acquisition Lifts Sales

Dow Jones

04/30

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)

Copyright (c) 2026 Dow Jones & Company, Inc.

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According to FactSet, analysts were expecting adjusted earnings of 35 cents a share. \n</p>\n<p>\n  Net sales rose to $1.17 billion from $711.7 million, topping targets of $1.14 billion. \n</p>\n<p>\n  Gildan Activewear said that the increase includes the contribution of HanesBrands as it looks to capture synergies of the combination. \n</p>\n<p>\n  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. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2026 07:12 ET (11:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GIL","symbol_name":"吉登运动服","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2631901636","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2631901636","pubTimestamp":1777547520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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.","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. According to FactSet, analysts were expecting adjusted earnings of 35 cents a share. \n\n\n  Net sales rose to $1.17 billion from $711.7 million, topping targets of $1.14 billion. \n\n\n  Gildan Activewear said that the increase includes the contribution of HanesBrands as it looks to capture synergies of the combination. \n\n\n  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. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2026 07:12 ET (11:12 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}