)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Gildan Activewear (GIL) investor relations material
Gildan Activewear Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary29 Oct, 2025
Executive summary
Achieved record Q3 net sales of $911 million, up 2.2% year-over-year, with adjusted diluted EPS of $1.00, up 17.6%, and Activewear sales growth of 5.4% driven by strong distributor and national account performance.
Comfort Colors brand delivered double-digit growth and expanded capacity, with new product launches including All Pro and Champion supporting portfolio diversification.
Announced a definitive merger agreement to acquire HanesBrands, expected to close late 2025 or early 2026, with a total equity value of $2.2 billion and enterprise value of $4.4 billion; integration planning underway targeting at least $200 million in run-rate synergies and a broader retail presence.
Year-to-date net sales grew 3.7% to $2.54 billion, with Activewear up 8.7% and Hosiery/underwear down 27.5% due to market weakness and the exit of the Under Armour business.
Financial highlights
Q3 gross profit was $307 million (33.7% margin), up from $278 million (31.2%) last year, driven by lower manufacturing and raw material costs, and favorable pricing.
Q3 adjusted operating income was $212 million (23.2% of net sales), up $12 million and 80 basis points year-over-year.
Q3 net earnings were $120 million; adjusted net earnings were $149 million.
Free cash flow for the first nine months was $189 million, with $200 million generated in Q3, up 34.6% year-over-year.
Net debt at quarter-end was $1.74 billion, with a leverage ratio of 2.0x net debt to trailing twelve months adjusted EBITDA.
Outlook and guidance
Full-year 2025 revenue growth expected at mid single digits; adjusted operating margin to rise by 70 basis points; capex to be ~4% of sales.
Adjusted diluted EPS guidance narrowed to $3.45-$3.51, up 15%-17% year-over-year; free cash flow expected at ~$400 million, down from previous guidance of above $450 million, mainly due to higher working capital and acquisition costs.
No further share repurchases planned for 2025 due to the HanesBrands acquisition; adjusted effective tax rate to remain stable.
Assumes no significant deterioration in market, pricing, or labor conditions.
When will HanesBrands impact 2026 outlook?
Reconcile lower FCF guidance with higher operating margin
What leverage ratio is expected post-HanesBrands close?
Bangladesh capacity expansion timeline?
Imprintables market new category strategy?
Operating margin expansion sustainability?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Gildan Activewear earnings date
Q4 202523 Feb, 2026
Next Gildan Activewear earnings date
Q4 202523 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Gildan Activewear Inc., together with its subsidiaries, manufactures and sells various branded activewear products primarily in the United States, Canada, the Caribbean, Latin America, Europe, Australia, and Asia. The company offers T-shirts sold under the Gildan Gildan Performance Gildan Hammer Comfort Colors American Apparel Anvil by Gildan Alstyle Prim + Preux GoldToe; fleece tops and bottoms sold under the GoldToe Gold Toe; and sport shirts under the Gildan Gildan ActiveLife American Apparel Anvil by Gildan Skyline Sportswear It's A Breeze brands. It also provides bags and related accessories sold under the American Apparel Anvil Fastback Tote It's A Breeze Samsonite Black Label Stackables Tribe Brands names. In addition, the company offers fabric in a range of weight and product qualities, including lightweight performance fabric used to make performance shirts. As of November 30, 2017, it operated 59 manufacturing facilities located in Central America, South America, North America, Europe, Asia Pacific, Africa/Middle East, and others. The company was founded in 1983 and is headquartered in Montreal, Canada.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage