Gildan Activewear (GIL) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with introductions of board members and executive team, highlighting hybrid format for broader shareholder participation.

• Official business included voting on auditors, directors, shareholder rights plan, and executive compensation.

Financial performance review

• 2025 saw record sales of $3.6 billion, up 11% from 2024, and over 35% total shareholder returns.

• Operating margin reached 17%, adjusted operating margin 21.5%, and diluted EPS from continuing operations was $2.57 ($3.51 adjusted).

• Free cash flow for 2025 was $493 million; $319 million returned to shareholders via dividends and buybacks.

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

• 2026 guidance maintained: revenue $6.0–$6.2 billion, adjusted operating margin ~20%, EPS $4.20–$4.40, free cash flow above $850 million.

Board and executive committee updates

• Nine directors elected for the ensuing year, eight of whom are independent.

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