Gildan Activewear Inc.

Stock ticker:
GIL

Gildan Activewear shares fell over 20% on June 16, 2026, following the publication of a Jehoshaphat Research report alleging that Gildan has been “channel stuffing” distributors with excess product beyond underlying end-user demand, creating what Jehoshaphat described as an approximately $500 million product overhang. The report further alleged that Gildan’s organic growth has been negative for years, despite the Company reporting revenue growth, and that certain sales practices, including extended quarter-end terms, may have pulled sales forward between quarters. Block & Leviton is investigating.

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