Gildan Cuts 2026 Revenue Outlook to $5.4 Billion-$5.5 Billion
Photo: TokenPost
Gildan Activewear lowered its 2026 revenue and adjusted diluted earnings-per-share outlook, reducing its full-year ranges to $5.4 billion-$5.5 billion and $3.70-$3.80, respectively, from prior levels. The revenue range was previously $6 billion-$6.2 billion. Adjusted diluted earnings-per-share guidance stood at $4.65-$4.75. Third-quarter revenue was $1.47 billion, up 61.4% from a year earlier, but missed estimates by $150 million. Non-GAAP earnings per share came to $1.54, $0.05 below estimates. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
