Gildan Activewear Inc. (GIL) reported second quarter EPS of $0.06 Thursday morning, compared to the consensus estimate of $0.10. Net sales came in at $244.8 million, which was above the consensus estimate of $226.42 million. Gildan Activewear Inc. traded sharply to the upside until around mid-morning Thursday. The stock closed up by $2.19 at $13.04 on above average volume. Gildan Activewear climbed above a one-month range and set a 5-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.