Gildan has been sued for securities fraud after its stock plummeted 18.75% because Gildan allegedly used channel stuffing to create the appearance of revenue and misrepresented its financial results and effectiveness of internal controls. NEW YORK, Nov. 10, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against G...
(all amounts are in U.S. dollars except where otherwise indicated)(1) Please refer to "Non-GAAP financial measures and related ratios" in this press release Third quarter net sales from continuing operations of $1.47 billion, up 61.1% over the prior year. Operating margin of 24.1%, adjusted operating margin1 of 27.0%.
MONTREAL, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Comfort Colors®, the trusted name in high-quality, soft, ring-spun cotton apparel, is taking the global stage with Bruno Mars as the primary apparel provider supporting merchandise for The Romantic Tour, one of the biggest concert tours of 2026. Through a partnership between Gildan and Merch Traffic, Mars' exclusive merchandise rights holder, Comfort ...
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Gildan Activewear Inc. (“Gildan” or the “Company”) (NYSE: GIL) on behalf of investors that purchased or otherwise acquired Gildan securities between February 19, 2025 and June 15, 2026 (the “Class Period”). CLICK HERE TO JOIN THE CASE If you are an investor in Gil...
Texas Attorney General Ken Paxton launched an investigation on Tuesday into whether Fruit of the Loom and Hanes use toxic chemicals in producing children's underwear.
(all amounts are in U.S. dollars except where otherwise indicated) (1) Please refer to "Non-GAAP financial measures and related ratios" in this press release Second quarter net sales from continuing operations of $1.58 billion up 72.3% over the prior year. Operating margin of 11.1%, adjusted operating margin1 of 22.3%.
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