Overview
Canada apparel maker's Q4 net sales rose 31.3% yr/yr, slightly missing analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company announced 10% dividend increase for 2026
Outlook (excluding HanesBrands Australia)
Gildan expects 2026 revenue between $6.0 bln and $6.2 bln
Company anticipates 2026 adjusted EPS of $4.20-$4.40
Gildan sees $250 mln cost synergies over three years
Result Drivers
HANESBRANDS ACQUISITION - The acquisition of HanesBrands contributed significantly to Q4 sales growth, adding $217 mln to net sales
COST SYNERGIES - Integration of HanesBrands is ahead of schedule, with expected cost synergies increased to $250 mln over three years
ACTIVEWEAR SALES - Activewear sales increased 10.3% to $788 mln, driven by HanesBrands contribution, favorable mix, and higher prices
Company press release: ID:nGNX8fSP20
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Slight Miss* | $1.08 bln | $1.09 bln (5 Analysts) |
Q4 Adjusted EPS | Beat | $0.96 | $0.95 (8 Analysts) |
Q4 Adjusted EBITDA | $265.40 mln | ||
Q4 Adjusted EBIT | $222.90 mln | ||
Q4 Adjusted Gross Profit | $347.40 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories peer group is "buy"
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)