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Gildan shares plunge as clothing maker misses estimates, lowers full-year forecast

Marcus Chen
Managing Editor · Thursday, November 5, 2026 at 5:28 PM · 1 min read
Gildan shares plunge as clothing maker misses estimates, lowers full-year forecast — Toronto Business news

Canadian clothing maker Gildan Activewear Inc. GIL-T lowered its financial forecast for the year and pulled its longer-term targets as it deals with a sudden slump in its business that it blamed on higher borrowing costs and inflationary pressure.

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