Professional
Added to YB: 2026-06-18
Pitch date: 2026-06-16
GIL [bearish]
Gildan Activewear Inc.
Author Info
Jehoshaphat Research are fraud-busters who force management teams to answer to their shareholders by exposing deceptive accounting and other improper corporate practices. Sign up for the newsletter.
Company Info
Gildan Activewear Inc. manufactures and sells various apparel products. The company provides various activewear products, including T-shirts, fleece tops and bottoms, sports shirts, polos, and tank tops under Gildan, Hanes, Gildan Performance, Gildan Hammer, Gildan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, American Apparel, ALLPRO, ComfortWash, BEEFY, Bonds and Champion brands.
Market Cap
N/A
Pitch Price
N/A
Price Target
N/A
Dividend
1.63%
EV/EBITDA
N/A
P/E
N/A
EV/Sales
3.94
Sector
Textiles, Apparel and Luxury Goods
Category
N/A
Jehoshaphat Research is Short Gildan Activewear Inc. (NYSE and TSX: GIL)
GIL (short): Jehoshaphat short thesis: GIL channel-stuffing distributors (esp S&S) to fake growth; 'true' organic growth ~-3% over 3yrs, obscured by off-BS A/R factoring. Adj DSO 129d, S&S 195d. Est $510m excess channel inventory vs Street's +$270m 2H26 growth = ~$0.8bn gap (20% miss). FCF guide $850m must ~double; 3.3x levered post-Hanes. CEO tax/fraud allegations, neutered board, ethics committee exits.
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