Core Insights - Gildan Activewear Inc. reported record revenue of $3,619 million for 2025, marking an 11% increase year-over-year, driven by the acquisition of HanesBrands and strong performance in both Activewear and Innerwear categories [2][9] - The company expects to achieve approximately $250 million in annual run-rate cost synergies from the HanesBrands acquisition by the end of 2028, with $100 million anticipated in 2026 [2][19] - Gildan initiated annual guidance for 2026, projecting revenues from continuing operations to be between $6.0 billion and $6.2 billion, representing a year-over-year increase of approximately 65% to 70% [3][28] Financial Performance - In Q4 2025, net sales from continuing operations reached $1,078 million, a 31.3% increase compared to the previous year, including a one-month contribution from HanesBrands [3][41] - The adjusted operating margin for Q4 was 20.7%, while the GAAP diluted EPS from continuing operations was $0.32, down 62.8% year-over-year, but adjusted diluted EPS increased by 15.7% to $0.96 [3][8] - For the full year 2025, gross profit was $1,130 million, with a gross margin of 31.2%, reflecting a 50 basis point improvement year-over-year [10][41] Acquisition and Integration - The acquisition of HanesBrands was completed on December 1, 2025, significantly expanding Gildan's scale and brand portfolio [2][3] - The integration of HanesBrands is progressing ahead of plan, with various initiatives already activated to capture synergies [18][19] - The HanesBrands Australian business has been classified as held for sale, with a formal sale process initiated [16][17] Strategic Outlook - Gildan plans to construct a second textile facility in Bangladesh, expected to start production in late 2027, to enhance its cost leadership in ring spun and innerwear [20] - The company aims to optimize its operational footprint by closing two textile manufacturing facilities in early 2026, reallocating production volumes to strengthen its cost advantage [24] - Gildan's 2026 guidance includes an expected adjusted diluted EPS of $4.20 to $4.40, reflecting a 20% to 25% increase year-over-year [28]

Core Insights - Gildan Activewear Inc. has been recognized on Canada's Best 50 Corporate Citizens list for the fourth consecutive year, being one of only two companies in the Textiles and Clothing Manufacturing sector to achieve this honor [1] - The company is also featured on TIME's World's Most Sustainable Companies list, marking its presence as one of 13 Canadian companies and one of only two in the "Apparel, Footwear & Sporting Goods" subcategory [1] Group 1: Recognition and Awards - Gildan's inclusion in Canada's Best 50 Corporate Citizens is based on a dataset of companies with over $1 billion in annual revenues, evaluated on 25 key performance indicators (KPIs) related to sustainability and corporate responsibility [2] - TIME's World's Most Sustainable Companies list identifies the top 500 companies from a pool of 5,000, assessed across more than 20 key indicators, including sustainability ratings and commitments from reputable organizations [3] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks, marketed under various brands including Gildan®, American Apparel®, and Champion® [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [5]