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Gildan Activewear, Inc. (NYSE: GIL)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in Gildan Activewear, Inc. (NYSE: GIL) prior to June 16, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by stuffing the Company’s channels of distribution for the purposes of artificially inflating revenue.

On June 16, 2026, Jehoshaphat Research published a report alleging, among other things, that Gildan “has been stuffing the channel to make revenues look like they’re growing” which has been “cannibalizing future demand and inflating the overall growth trajectory of [the] business.” The report notes that the problem is “obscured by financial engineering” and that the Company “transfers almost half its receivables off-balance sheet.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Gildan Activewear, Inc. (NYSE: GIL) prior to June 16, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.