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Gildan has posted record third-quarter revenue, reporting net sales of $911 million for the three months leading to the end of September.
For the garment decorator and printwear supplier, the headline figure comes from Activewear, where sales climbed 5.4% to $831 million.
Gildan said increased demand from North American distributors and continued momentum with national accounts supported the growth, alongside strong interest in Comfort Colors and new innovations such as its soft cotton technology.
President and CEO Glenn Chamandy said the performance reflects the success of the company’s focused growth strategy.
He said: “We were pleased with this quarter’s results as we continue to drive profitable growth.
“Our record-setting third quarter results once again showcase the effectiveness of the Gildan Sustainable Growth strategy.”
Mr Chamandy added that Gildan’s vertically integrated model continues to support margin strength, with adjusted operating margin reaching 23.2%.
The business also reiterated plans to acquire HanesBrands, a move expected to close later this year or early 2026, which it says will create a ‘global basic apparel leader’.
The company also delivered a record adjusted diluted EPS of $1.00, underscoring strong profitability in a softer global market.
