Gildan Activewear (GIL) AGM 2026 summary

Opening remarks and agenda

• Meeting held in a hybrid format to enable both in-person and virtual participation, enhancing accessibility for international shareholders.

• Introduction of board members, executive team, and meeting procedures, including voting and Q&A protocols.

Financial performance review

• 2025 saw record sales of $3.6 billion, an 11% increase over 2024, with over 35% total shareholder returns.

• Operating margin reached 17%, adjusted operating margin 21.5%, and free cash flow was $493 million.

• Diluted EPS was $2.57 and adjusted diluted EPS $3.51 for 2025.

• Q1 2026 sales were nearly $1.2 billion, up 64% year-over-year, with adjusted EPS at $0.43.

• 2026 guidance maintained: revenue of $6–6.2 billion, adjusted EPS $4.20–$4.40, and free cash flow above $850 million.

Board and executive committee updates

• Nine directors, including eight independents, were nominated and elected individually for the ensuing year.

• Board and management reaffirmed commitment to shareholder engagement and governance.