Has Gildan Activewear (GIL) Outpaced Other Consumer Discretionary Stocks This Year?

Company Overview - Gildan Activewear (GIL) is a notable stock within the Consumer Discretionary sector, which consists of 261 individual stocks [2] - Gildan Activewear currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimates and revisions [3] Performance Analysis - Over the past three months, the Zacks Consensus Estimate for Gildan's full-year earnings has increased by 18.8%, reflecting improved analyst sentiment [4] - Year-to-date, Gildan Activewear has returned approximately 2.8%, outperforming the average return of 2.5% for the Consumer Discretionary sector [4] - In the Textile - Apparel industry, which includes 22 companies, Gildan is performing better than the industry average, as this group has seen a decline of about 14.2% this year [6] Industry Context - The Consumer Discretionary sector is ranked 10 in the Zacks Sector Rank, which evaluates 16 different sector groups [2] - Gildan Activewear's performance is contrasted with Acushnet (GOLF), another outperforming stock in the Consumer Discretionary sector, which has increased by 5.9% year-to-date [5] - Acushnet belongs to the Leisure and Recreation Products industry, currently ranked 110, which has seen a slight increase of 0.4% since the beginning of the year [7]