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Gildan reports first-quarter loss as it works to integrate Hanesbrands acquisition

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Gildan reports first-quarter loss as it works to integrate Hanesbrands acquisition

Montreal-based clothing maker says it’s on track to realize about $100-million in cost savings in 2026

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The Globe and Mail
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Open this photo in gallery:Gildan CEO Glenn Chamandy smiles after the company's annual meeting in Montreal in May, 2024.Christinne Muschi/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountGildan Activewear Inc. GIL-T reported a loss of US$65.8-million in its latest quarter compared with a profit of US$84.7-million a year ago as it faced costs related to its purchase and integration of Hanesbrands Inc.The Montreal-based clothing maker, which keeps its books in U.S.

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