Rosen Law Firm has filed a class action lawsuit against Gildan Activewear Inc. on behalf of investors who purchased securities between February 19, 2025 and June 15, 2026. The lawsuit alleges that Gildan made false and misleading statements regarding its business operations, failed to disclose inadequate internal controls, and engaged in channel stuffing to artificially inflate revenue. Investors who wish to serve as lead plaintiff must file by December 14, 2026.
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Gildan Activewear Inc. · NYSE
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News ›Rosen Law Firm has filed a class action lawsuit against Gildan Activewear Inc. on behalf of investors who purchased securities between February 19, 2025 and June 15, 2026. The lawsuit alleges that Gildan made false and misleading statements regarding its business operations, failed to disclose inadequate internal controls, and engaged in channel stuffing to artificially inflate revenue. Investors who wish to serve as lead plaintiff must file by December 14, 2026.
Gildan Activewear raised its 2026 adjusted EPS guidance to $4.65-$4.75 and free cash flow outlook to $1 billion, driven by faster-than-expected HanesBrands integration synergies ($100 million) and $220 million in tariff refunds. However, soft retail demand and $4.7 billion in net debt remain headwinds. The company targets a 21.8% operating margin for 2026.
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