GIL 6-K: Guidance cut
Gildan Activewear
Filed with the SEC on · accession 0001061894-26-000025
GIL filed a 6-K (foreign company report) with the SEC on Nov 5, 2026. Gildan Activewear reported Q3 2026 results with net sales of $1.47 billion (up 61.1% YoY but below guidance of ~$1.65 billion) and updated its full-year 2026 guidance, while withdrawing its previously communicated 2026-2028 objectives due to rapid macroeconomic deterioration and… The stock moved -19.1% by the first close after the filing.
Summary of the filing
Gildan Activewear reported Q3 2026 results with net sales of $1.47 billion (up 61.1% YoY but below guidance of ~$1.65 billion) and updated its full-year 2026 guidance, while withdrawing its previously communicated 2026-2028 objectives due to rapid macroeconomic deterioration and weaker-than-expected demand. The company also announced completion of the HanesBrands Australia divestiture and a new normal course issuer bid for up to 5% of shares.
Key details
How GIL stock reacted
Close before
$43.27
Nov 4, 2026
First close after
-19.07%
$35.02
5 trading days
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Since filing
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Click hereFrequently asked questions
What did GIL file with the SEC on Nov 5, 2026?
GIL filed a 6-K (Guidance cut). Gildan Activewear reported Q3 2026 results with net sales of $1.47 billion (up 61.1% YoY but below guidance of ~$1.65 billion) and updated its full-year 2026 guidance, while withdrawing its previously communicated 2026-2028 objectives due to rapid macroeconomic deterioration and weaker-than-expected demand. The company also announced completion of the HanesBrands Australia divestiture and a new normal course issuer bid for up to 5% of shares.
What does a guidance cut mean for GIL stock?
Guidance is the company’s own forecast. Investors price stocks on the future, so a raise or cut often moves the stock more than the past quarter’s numbers.
How do I read a 6-K?
How foreign companies listed in the US report news and events — like an 8-K for them. Look at the exhibit names: "results", "resign", "notice" tell you the topic. Many 6-Ks are routine (meeting notices); results and leadership changes matter most.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 6-K (foreign company report): How foreign companies listed in the US report news and events — like an 8-K for them.
How did GIL stock react to this filing?
GIL closed at $43.27 before the filing and $35.02 on Nov 5, 2026 (-19.07%).
Other GIL SEC filings
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