{"success":true,"data":{"pressRelease":{"id":"65537","rtpr_id":"nGNX2BJdVC","ticker":"GIL","exchange":"TSX","all_tickers":["GIL"],"title":"Gildan Activewear Issues Statement Regarding Recent Short Seller Report","author":"Globe Newswire","published_at":"2026-06-16T17:10:00.098Z","article_body":"MONTREAL, June 16, 2026 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX\nand NYSE) (“Gildan” or the “Company”) is aware of a report published\nby a short seller on June 16, 2026. The Company is confident that its current\ndisclosure provides its investors with accurate and comprehensive information\nregarding Gildan, including with respect to its financial information and\ngovernance practices.\n\nThe Company reiterates its fiscal 2026 guidance as communicated in its April\n30, 2026 press release\n(https://gildancorp.com/media/uploads/events/event/press_release/bgildan_q1_2026_earnings_press_release.pdf).\n\nGildan does not intend to provide any further comment at this time.\n\nForward-looking statements and information \nCertain statements included in this press release constitute\n“forward-looking statements” and “forward-looking information” within\nthe meaning of the U.S. Private Securities Litigation Reform Act of 1995 and\nCanadian securities legislation and regulations, and are subject to important\nrisks, uncertainties, and assumptions. These forward-looking statements\ninclude, amongst others, information with respect to our fiscal 2026 financial\noutlook. Forward-looking statements are subject to inherent risks and\nuncertainties and are based on several assumptions which give rise to the\npossibility that actual results or events could differ materially from our\nexpectations. These statements are not guarantees of future performance or\nevents, and we caution you against relying on any of these forward-looking\nstatements. We refer you to the Gildan’s public filings with the Canadian\nsecurities regulatory authorities and the U.S. Securities and Exchange\nCommission (the “SEC”), as well as the risks described under the\n“Financial risk management”, “Critical accounting estimates and\njudgments”, and “Risks and uncertainties” sections of our most recent\nmanagement’s discussion and analysis for a discussion of the various factors\nthat may affect Gildan’s future results, as well as the “2026 Outlook”\nsection of our April 30, 2026 press release for material assumptions\nunderlying the 2026 financial outlook.\n\nAbout Gildan\nGildan is a leading manufacturer of everyday basic apparel. The Company’s\nproduct offering includes activewear, underwear, socks, and intimates sold to\na broad range of customers, including wholesale distributors, screenprinters,\nembellishers, retailers or e-commerce platforms, as well as global lifestyle\nbrand companies and directly to consumers. Gildan markets its products in\nNorth America, Europe, Asia Pacific, and Latin America, under a diversified\nportfolio of Company-owned brands including Gildan(®), Hanes(®), Comfort\nColors(®), American Apparel(®), ALLPRO™, GOLDTOE(®), Peds(®), Bali(®),\nPlaytex(®), Maidenform(®), Bonds(®), as well as Champion(®) which is under\nan exclusive licensing agreement for the printwear channel in the U.S. and\nCanada and Polo Ralph Lauren(®) also under a licensing agreement.\n\nGildan owns and operates vertically integrated, large-scale manufacturing\nfacilities which are primarily located in Central America, the Caribbean,\nNorth America, and Asia. Gildan integrates industry-leading labour,\nenvironmental, and governance practices into its operations and supply chain\nunder a sustainability program that is aligned with its long-term business\nstrategy. More information about Gildan and its sustainability commitments and\ninitiatives can be found at www.gildancorp.com.\n\n Investor inquiries: Jessy Hayem, CFA Senior Vice-President, Head of Investor Relations and Global Communications (514) 744-8511 jhayem@gildan.com  Media inquiries: Jonathan Binder Director, Corporate Communications (336) 519-6330 communications@gildan.com  \n                                                                                                                                                                                                                                                                  \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e83b09f2-de7a-4cd7-bc77-9d5754cffd68)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2BJdVC","title":"Gildan Activewear Issues Statement Regarding Recent Short Seller Report","author":"Globe Newswire","ticker":"GIL","created":"2026-06-16T17:10:00.098Z","tickers":["GIL"],"exchange":"TSX","article_body":"MONTREAL, June 16, 2026 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX\nand NYSE) (“Gildan” or the “Company”) is aware of a report published\nby a short seller on June 16, 2026. The Company is confident that its current\ndisclosure provides its investors with accurate and comprehensive information\nregarding Gildan, including with respect to its financial information and\ngovernance practices.\n\nThe Company reiterates its fiscal 2026 guidance as communicated in its April\n30, 2026 press release\n(https://gildancorp.com/media/uploads/events/event/press_release/bgildan_q1_2026_earnings_press_release.pdf).\n\nGildan does not intend to provide any further comment at this time.\n\nForward-looking statements and information \nCertain statements included in this press release constitute\n“forward-looking statements” and “forward-looking information” within\nthe meaning of the U.S. Private Securities Litigation Reform Act of 1995 and\nCanadian securities legislation and regulations, and are subject to important\nrisks, uncertainties, and assumptions. These forward-looking statements\ninclude, amongst others, information with respect to our fiscal 2026 financial\noutlook. Forward-looking statements are subject to inherent risks and\nuncertainties and are based on several assumptions which give rise to the\npossibility that actual results or events could differ materially from our\nexpectations. These statements are not guarantees of future performance or\nevents, and we caution you against relying on any of these forward-looking\nstatements. We refer you to the Gildan’s public filings with the Canadian\nsecurities regulatory authorities and the U.S. Securities and Exchange\nCommission (the “SEC”), as well as the risks described under the\n“Financial risk management”, “Critical accounting estimates and\njudgments”, and “Risks and uncertainties” sections of our most recent\nmanagement’s discussion and analysis for a discussion of the various factors\nthat may affect Gildan’s future results, as well as the “2026 Outlook”\nsection of our April 30, 2026 press release for material assumptions\nunderlying the 2026 financial outlook.\n\nAbout Gildan\nGildan is a leading manufacturer of everyday basic apparel. The Company’s\nproduct offering includes activewear, underwear, socks, and intimates sold to\na broad range of customers, including wholesale distributors, screenprinters,\nembellishers, retailers or e-commerce platforms, as well as global lifestyle\nbrand companies and directly to consumers. Gildan markets its products in\nNorth America, Europe, Asia Pacific, and Latin America, under a diversified\nportfolio of Company-owned brands including Gildan(®), Hanes(®), Comfort\nColors(®), American Apparel(®), ALLPRO™, GOLDTOE(®), Peds(®), Bali(®),\nPlaytex(®), Maidenform(®), Bonds(®), as well as Champion(®) which is under\nan exclusive licensing agreement for the printwear channel in the U.S. and\nCanada and Polo Ralph Lauren(®) also under a licensing agreement.\n\nGildan owns and operates vertically integrated, large-scale manufacturing\nfacilities which are primarily located in Central America, the Caribbean,\nNorth America, and Asia. Gildan integrates industry-leading labour,\nenvironmental, and governance practices into its operations and supply chain\nunder a sustainability program that is aligned with its long-term business\nstrategy. More information about Gildan and its sustainability commitments and\ninitiatives can be found at www.gildancorp.com.\n\n Investor inquiries: Jessy Hayem, CFA Senior Vice-President, Head of Investor Relations and Global Communications (514) 744-8511 jhayem@gildan.com  Media inquiries: Jonathan Binder Director, Corporate Communications (336) 519-6330 communications@gildan.com  \n                                                                                                                                                                                                                                                                  \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e83b09f2-de7a-4cd7-bc77-9d5754cffd68)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-16T17:10:00.130662149Z","server_sent_at_ms":1781629800130},"received_at":"2026-06-16T17:10:00.203Z","source_url":null},"analysis":{"id":"54955","press_release_id":"65537","analysis_json":{"industry":{"label":"Textiles, Apparel & Luxury Goods","sector":"Consumer Discretionary"},"redFlags":["Target of short seller report alleging financial and governance issues"],"eventType":"other","narrative":"Gildan Activewear issued a statement responding to a short seller report published on June 16, asserting that its current disclosures regarding financial information and governance practices are accurate.\n\nThe company reiterated its fiscal 2026 guidance, which was previously communicated on April 30, and stated that it does not intend to provide any further comment at this time.\n\nManagement directed investors to its public filings with Canadian and U.S. regulatory authorities for a discussion of risk factors and material assumptions.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Gildan denies short seller allegations and reiterates guidance."},"keyFigures":null,"quotedText":"The Company is confident that its current disclosure provides its investors with accurate and comprehensive information regarding Gildan, including with respect to its financial information and governance practices.","namedEntities":{"people":[{"name":"Jessy Hayem","role":"Senior Vice-President, Head of Investor Relations and Global Communications"},{"name":"Jonathan Binder","role":"Director, Corporate Communications"}],"products":["activewear","underwear","socks","intimates","Gildan(®)","Hanes(®)","Comfort Colors(®)","American Apparel(®)","ALLPRO™","GOLDTOE(®)","Peds(®)","Bali(®)","Playtex(®)","Maidenform(®)","Bonds(®)","Champion(®)","Polo Ralph Lauren(®)"],"companies":[{"name":"Gildan Activewear Inc.","ticker":"GIL"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"The release is a standard defensive statement reiterating previous guidance and denying allegations without providing new quantitative data or business updates."},"tickerRelevance":{"others":[],"primary":"GIL"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"short-seller-response","sectorWeight":"consumer-discretionary"}},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Gildan Activewear issued a statement responding to a short seller report published on June 16, asserting that its current disclosures regarding financial information and governance practices are accurate.\n\nThe company reiterated its fiscal 2026 guidance, which was previously communicated on April 30, and stated that it does not intend to provide any further comment at this time.\n\nManagement directed investors to its public filings with Canadian and U.S. regulatory authorities for a discussion of risk factors and material assumptions.","key_figures":null,"named_entities":{"people":[{"name":"Jessy Hayem","role":"Senior Vice-President, Head of Investor Relations and Global Communications"},{"name":"Jonathan Binder","role":"Director, Corporate Communications"}],"products":["activewear","underwear","socks","intimates","Gildan(®)","Hanes(®)","Comfort Colors(®)","American Apparel(®)","ALLPRO™","GOLDTOE(®)","Peds(®)","Bali(®)","Playtex(®)","Maidenform(®)","Bonds(®)","Champion(®)","Polo Ralph Lauren(®)"],"companies":[{"name":"Gildan Activewear Inc.","ticker":"GIL"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-16T17:11:15.128Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"mid-cap","eventGravity":"short-seller-response","sectorWeight":"consumer-discretionary"}},"durationMs":74922,"modelName":"george-droid-qwen-72b"}}