Gildan Activewear Inc. announced Thursday results for the fourth quarter and full year ended December 28, 2025, with record revenue in the quarter and increased gross profit
“2025 was another important year for Gildan with several highlights including record revenue from continuing operations of $3,619 million, adjusted operating margin of 21.5%, adjusted diluted EPS growth of 17.0% versus last year, and the closing of the HanesBrands acquisition on December 1,” said Glenn J. Chamandy, President and CEO.
“Our results underscore the impressive execution by our global team whose focus is now on fully capturing the value of our expanded platform. As we look ahead to 2026, we are very excited about the HanesBrands acquisition which doubles our scale, combines iconic brands with our world-class, low-cost, vertically integrated platform, and unlocks a powerful engine for innovation and growth. The integration is well underway and we now expect to deliver higher than initially targeted run-rate cost synergies reaching approximately $250 million by the end of 2028 with approximately $100 million in 2026.”
The company said net sales from continuing operations in the fourth quarter were $1.078 billion, up 31.3% from a year ago. Its gross profit also grew to $312 million, 28.9% of net sales, versus $253 million, or 30.8% of net sales, a year ago.
Gildan said net sales from continuing operations for the year reached $3.619 billion, up 11% from a year ago and gross profit rose to $1.13 billion, up $126 million from last year.
Over the next 18 months, it plans to construct and develop its second textile facility within its Bangladesh complex, with initial production expected to start in the latter part od 2027.
Gildan said it expects revenue of $6 billion to $6.2 billion in 2026.
The company is a leading manufacturer of everyday basic apparel. It owns and operates vertically-integrated, large-scale manufacturing facilities in Central America, the Caribbean, North America and Asia.
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