Gildan Recognized as One of Canada’s Best Corporate Citizens for Fifth Year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 26 2026
0mins
Source: Newsfilter
- Sustainability Recognition: Gildan Activewear has been named one of Canada’s Best Corporate Citizens for the fifth consecutive year, highlighting its long-standing commitment to sustainability, which enhances brand image and attracts socially responsible consumers.
- Industry Leadership: As one of only two companies in the Textiles and Clothing Manufacturing sector recognized, Gildan demonstrates its competitiveness and influence within the industry, potentially driving future market share growth.
- Global Sustainability Ranking: Gildan's inclusion in TIME’s World’s Most Sustainable Companies ranking further elevates its international reputation, as it stands among 19 Canadian companies, likely attracting attention from global investors.
- Strategic Integration: The company’s sustainability efforts are closely aligned with its long-term business strategy, which is expected to drive future revenue growth and strengthen its competitive position in the global market.
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Analyst Views on GIL
Wall Street analysts forecast GIL stock price to rise
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 52.010
Low
63.00
Averages
72.87
High
110.00
Current: 52.010
Low
63.00
Averages
72.87
High
110.00
About GIL
Gildan Activewear Inc. is a manufacturer of everyday basic apparel. The Company's product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters, or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan, Hanes, Comfort Colors, American Apparel, ALLPRO, GOLDTOE, Peds, Bali, Playtex, Maidenform, Bonds, as well as Champion which is under an exclusive licensing agreement for the printwear channel in the United States and Canada. The Company also owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Asia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Gildan Activewear Under Investigation for Securities Fraud
- Significant Stock Drop: Gildan Activewear's stock plummeted by 18.75% on June 16, 2026, falling from $61.97 to $50.35, resulting in substantial losses for investors and raising concerns about the company's financial health.
- Securities Fraud Investigation: Bleichmar Fonti & Auld LLP is investigating whether Gildan engaged in a channel stuffing scheme to artificially inflate revenue, potentially misleading investors about its financial results, which could impact the company's reputation and future financing capabilities.
- Market Reaction: A report from Jehoshaphat Research accused Gildan of pulling forward sales to inflate revenue, leading to diminished market confidence in future demand and potentially affecting the company's long-term growth prospects.
- Legal Options Available: BFA encourages Gildan investors to submit their information to explore legal options, indicating that investors may seek legal support to protect their rights in the face of potential litigation.
See More
Pomerantz Investigates Gildan Activewear for Securities Fraud
- Securities Fraud Investigation: Pomerantz LLP is investigating claims on behalf of Gildan Activewear Inc. investors, focusing on whether the company and its executives engaged in securities fraud or other unlawful business practices, potentially exposing investors to significant losses.
- Negative Growth Allegations: On June 16, 2026, Jehoshaphat Research published a short report questioning Gildan's organic growth and sales practices, alleging that the company has experienced negative organic growth for years while using financial engineering to obscure its decline.
- Stock Price Plunge: Following the report's release, Gildan's stock price fell by $11.63, or 18.7%, closing at $50.34 per share, indicating severe market concerns regarding the company's financial health.
- Law Firm Background: Pomerantz LLP is a renowned firm in corporate and securities class litigation, established over 85 years ago, dedicated to fighting for the rights of victims of securities fraud and corporate misconduct, suggesting that this investigation could lead to widespread legal ramifications.
See More
Rosen Law Firm Investigates Gildan Activewear for Securities Claims
- Investigation Launched: Rosen Law Firm announces an investigation into Gildan Activewear Inc. for potentially issuing materially misleading business information, indicating that shareholders may be entitled to compensation if they purchased the company's securities.
- Stock Price Plunge: On June 16, 2026, Gildan Activewear's shares fell by 18.7% following a short report from Jehoshaphat Research, which questioned the company's organic growth and sales practices, revealing potential financial engineering.
- Class Action Preparation: The Rosen Law Firm is preparing a class action to recover investor losses, with no out-of-pocket fees required for participants, demonstrating the firm's commitment to protecting investor rights.
- Firm's Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, showcasing its extensive experience and success in this legal domain.
See More
Gildan Activewear Under Investigation for Securities Fraud
- Significant Stock Drop: Gildan Activewear's stock plummeted by 18.75% on June 16, 2026, falling from $61.97 to $50.35 per share, resulting in substantial losses for investors and raising concerns about the company's financial health.
- Securities Fraud Investigation: Bleichmar Fonti & Auld LLP is investigating whether Gildan misled investors through a channel stuffing scheme to artificially inflate revenue, potentially impacting the company's reputation and investor confidence.
- Market Reaction: A report by Jehoshaphat Research accused Gildan of pulling forward sales to inflate revenue, which has cannibalized future demand; this allegation triggered a strong market reaction, exacerbating the stock's decline.
- Legal Options Available: Affected investors are encouraged to contact BFA Law to explore legal avenues for protecting their rights, indicating that the legal risks faced by the company could have far-reaching implications for its future operations.
See More
Ademi LLP Investigates Possible Securities Fraud Claims Against Gildan
- Investigation Launched: Ademi LLP is investigating Gildan for possible securities fraud due to potentially inaccurate statements regarding its financial statements, business operations, and prospects, which could lead to investor losses.
- Short-Seller Allegations: A short-seller report dated June 16, 2026, alleges that Gildan artificially inflated revenue through various distribution channels, which, if true, could severely impact the company's reputation and shareholder confidence.
- Potential Legal Consequences: Should the investigation confirm financial manipulation by Gildan, the company may face lawsuits and liability for damages, which could adversely affect its stock price and market performance.
- Investor Attention: The investigation has garnered significant investor attention, potentially increasing volatility in Gildan's stock, prompting investors to closely monitor developments to assess potential risks.
See More
Gildan Activewear Shares Plunge 18% Amid Channel Stuffing Allegations
- Stock Price Drop: Gildan Activewear's shares plummeted over 18% on June 16 following a report from Jehoshaphat Research, resulting in a $2.15 billion loss in market capitalization, severely impacting investor confidence.
- Investigation Launched: National shareholder rights firm Hagens Berman has initiated an investigation into whether Jehoshaphat's allegations are accurate and if Gildan may have violated federal securities laws, potentially leading to increased legal risks.
- Improper Sales Practices: The report alleges that Gildan engaged in improper channel stuffing and revenue recognition practices, compelling customers to pull forward sales and offering extreme payment terms, which could undermine the company's financial transparency and compliance.
- Potential Legal Consequences: The investigation by Hagens Berman may uncover compliance issues in Gildan's financial reporting, and if the allegations are substantiated, the company could face hefty fines and reputational damage, further affecting its market performance.
See More
Gildan Activewear Under Investigation for Securities Fraud
- Significant Stock Drop: Gildan Activewear's stock plummeted by 18.75% on June 16, 2026, falling from $61.97 to $50.35, resulting in substantial losses for investors and raising concerns about the company's financial health.
- Securities Fraud Investigation: Bleichmar Fonti & Auld LLP is investigating whether Gildan engaged in a channel stuffing scheme to artificially inflate revenue, potentially misleading investors about its financial results, which could impact the company's reputation and future financing capabilities.
- Market Reaction: A report from Jehoshaphat Research accused Gildan of pulling forward sales to inflate revenue, leading to diminished market confidence in future demand and potentially affecting the company's long-term growth prospects.
- Legal Options Available: BFA encourages Gildan investors to submit their information to explore legal options, indicating that investors may seek legal support to protect their rights in the face of potential litigation.
See More
Pomerantz Investigates Gildan Activewear for Securities Fraud
- Securities Fraud Investigation: Pomerantz LLP is investigating claims on behalf of Gildan Activewear Inc. investors, focusing on whether the company and its executives engaged in securities fraud or other unlawful business practices, potentially exposing investors to significant losses.
- Negative Growth Allegations: On June 16, 2026, Jehoshaphat Research published a short report questioning Gildan's organic growth and sales practices, alleging that the company has experienced negative organic growth for years while using financial engineering to obscure its decline.
- Stock Price Plunge: Following the report's release, Gildan's stock price fell by $11.63, or 18.7%, closing at $50.34 per share, indicating severe market concerns regarding the company's financial health.
- Law Firm Background: Pomerantz LLP is a renowned firm in corporate and securities class litigation, established over 85 years ago, dedicated to fighting for the rights of victims of securities fraud and corporate misconduct, suggesting that this investigation could lead to widespread legal ramifications.
See More
Rosen Law Firm Investigates Gildan Activewear for Securities Claims
- Investigation Launched: Rosen Law Firm announces an investigation into Gildan Activewear Inc. for potentially issuing materially misleading business information, indicating that shareholders may be entitled to compensation if they purchased the company's securities.
- Stock Price Plunge: On June 16, 2026, Gildan Activewear's shares fell by 18.7% following a short report from Jehoshaphat Research, which questioned the company's organic growth and sales practices, revealing potential financial engineering.
- Class Action Preparation: The Rosen Law Firm is preparing a class action to recover investor losses, with no out-of-pocket fees required for participants, demonstrating the firm's commitment to protecting investor rights.
- Firm's Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, showcasing its extensive experience and success in this legal domain.
See More
Gildan Activewear Under Investigation for Securities Fraud
- Significant Stock Drop: Gildan Activewear's stock plummeted by 18.75% on June 16, 2026, falling from $61.97 to $50.35 per share, resulting in substantial losses for investors and raising concerns about the company's financial health.
- Securities Fraud Investigation: Bleichmar Fonti & Auld LLP is investigating whether Gildan misled investors through a channel stuffing scheme to artificially inflate revenue, potentially impacting the company's reputation and investor confidence.
- Market Reaction: A report by Jehoshaphat Research accused Gildan of pulling forward sales to inflate revenue, which has cannibalized future demand; this allegation triggered a strong market reaction, exacerbating the stock's decline.
- Legal Options Available: Affected investors are encouraged to contact BFA Law to explore legal avenues for protecting their rights, indicating that the legal risks faced by the company could have far-reaching implications for its future operations.
See More
Ademi LLP Investigates Possible Securities Fraud Claims Against Gildan
- Investigation Launched: Ademi LLP is investigating Gildan for possible securities fraud due to potentially inaccurate statements regarding its financial statements, business operations, and prospects, which could lead to investor losses.
- Short-Seller Allegations: A short-seller report dated June 16, 2026, alleges that Gildan artificially inflated revenue through various distribution channels, which, if true, could severely impact the company's reputation and shareholder confidence.
- Potential Legal Consequences: Should the investigation confirm financial manipulation by Gildan, the company may face lawsuits and liability for damages, which could adversely affect its stock price and market performance.
- Investor Attention: The investigation has garnered significant investor attention, potentially increasing volatility in Gildan's stock, prompting investors to closely monitor developments to assess potential risks.
See More
Gildan Activewear Shares Plunge 18% Amid Channel Stuffing Allegations
- Stock Price Drop: Gildan Activewear's shares plummeted over 18% on June 16 following a report from Jehoshaphat Research, resulting in a $2.15 billion loss in market capitalization, severely impacting investor confidence.
- Investigation Launched: National shareholder rights firm Hagens Berman has initiated an investigation into whether Jehoshaphat's allegations are accurate and if Gildan may have violated federal securities laws, potentially leading to increased legal risks.
- Improper Sales Practices: The report alleges that Gildan engaged in improper channel stuffing and revenue recognition practices, compelling customers to pull forward sales and offering extreme payment terms, which could undermine the company's financial transparency and compliance.
- Potential Legal Consequences: The investigation by Hagens Berman may uncover compliance issues in Gildan's financial reporting, and if the allegations are substantiated, the company could face hefty fines and reputational damage, further affecting its market performance.
See More
