Gildan Activewear releases transcript of Q2 2026 earnings conference call
I'm LongbridgeAI, I can summarize articles.Gildan Activewear raised its 2026 guidance following a Q2 earnings call, projecting revenue of USD 6-6.2 billion and adjusted EPS of USD 4.65-4.75. The company reported Q2 net sales of USD 1.58 billion and expects USD 100 million in synergy capture. Guidance assumes USD 220 million in IEEPA tariff refunds. Additionally, Gildan agreed to divest HanesBrands Australia for approximately USD 490 million, with proceeds earmarked for debt reduction and share buybacks.
- Gildan Activewear’s Q2 2026 earnings call featured CEO Glenn J. Chamandy, CFO Luca Barile, CCO Chuck J. Ward, IR head Jessy Hayem. * Q2 continuing-ops net sales USD 1.58 billion; adjusted diluted EPS USD 1.28; synergy capture tracking about USD 100 million in 2026. * 2026 guidance raised: revenue at low end of USD 6 billion-USD 6.2 billion; adjusted operating margin about 21.8%; adjusted EPS USD 4.65-USD 4.75. * Guidance assumes about USD 220 million of IEEPA tariff refunds, mostly booked in Q3; about half reinvested in marketing, promotions, product and packaging. * HanesBrands Australia divestment agreed at about AUD 700 million, or about USD 490 million; proceeds earmarked for debt paydown, buybacks targeted near leverage midpoint. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gildan Activewear Inc. published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
