Gildan Activewear (GIL) Achieves Record 2025 Revenue Driven by Hanes Brands Integration

Group 1: Financial Performance - Gildan Activewear reported record annual revenue of approximately $3.6 billion for 2025, with an adjusted operating margin of 21.5% [1] - Full-year adjusted diluted EPS increased by 17% to $3.51 [1] - Q4 sales from continuing operations rose by 31.3% to $1.078 billion, driven by a 10.3% increase in Activewear sales and a 171% surge in Innerwear sales following the acquisition of Hanes brands [1] Group 2: Strategic Initiatives - The integration of Hanes brands is progressing ahead of schedule, with expected cost synergies increased to $250 million over the next 3 years through manufacturing optimization and IT standardization [2] - Gildan forecasts revenue between $6 billion and $6.2 billion for 2026, with adjusted diluted EPS projected in the range of $4.20 to $4.40 [2] - The company plans to expand its manufacturing complex in Bangladesh to support growth through 2028 [2] Group 3: Challenges - Gildan faces short-term hurdles, including a proactive inventory destocking plan that may impact sales in H1 2026 as the company closes two Hanes facilities [3]