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Gildan Activewear Inc. (NYSE:GIL) is the largest manufacturer of basic blank activewear. The company produces undecorated T-shirts, fleece, and socks distributed to screen printers, wholesalers, and retail brands. In late 2025, it bought HanesBrands to add scale and household names. The market has hated the deal. On September 24, 2026, the stock fell 12% to […]
TD Securities’ steep target cut on Gildan reflects a macro squeeze, not a company problem — softening activewear demand as rising yields and gas prices pinch consumer spending.
Gildan Activewear (TSX:GIL) has been drawing attention after a sharp pullback, with the share price down about 15% over the past month and roughly 14% over the past 3 months. The recent 15% slide fits into a wider reset for Gildan Activewear, with the 30 day share price return down 14.7% and the year to date share price return down 23.5%. However, the 3 year total shareholder return of 90.45% and 5 year total shareholder return of 54.72% still indicate a strong longer term outcome for...
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