1014 ET - Gildan's 1Q results shows a clearer path of earnings acceleration following the HanesBrands acquisition, says to TD Cowen analyst Brian Morrison, who points to the quarter's "modest Q1/26 EPS beat" and the company's unchanged 2026 guidance. While integration headwinds from the HanesBrands textile consolidation will likely persist into 2Q, the analyst says they are "less onerous," helping set up a "strong 2H/26 EPS and free cash flow aided by heightened production capacity/synergy realization." He adds that visibility into achieving 2026-2028 financial targets "should result in meaningful share price upside." (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
April 30, 2026 10:15 ET (14:15 GMT)
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