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Gildan stock drops after research report fuels probe

NEW YORK, June 21, 2026 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Gildan Activewear Inc. (“Gildan” or “the Company”) (NYSE: GIL) (TSE: GIL). Investors who purchased Gildan securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/GIL. Gildan Investigation Details On June 16, 2026, Jehoshaphat Research published a report alleging, among other things, that Gildan “has been stuffing the channel to make revenues look like

they’re growing” which has been “cannibalizing future demand and inflating the overall growth trajectory of [the] business.” The report notes that the problem is “obscured by financial engineering” and that the Company “transfers almost half its receivables off-balance sheet.”Following this news, Gildan’s stock price fell $11.62, or 18.8%, to close at $50.35 per share on June 16, 2026. What’s Next for Gildan Investors? If you are aware of any facts relating to this investigation or purchased Gildan securities, you can assist this investigation by visiting

the firm’s site: bgandg.com/GIL. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911 No Cost to Gildan Investors We, Bronstein, Gewirtz & Grossman, LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman, LLC for Gildan Securities Investigation? Bronstein, Gewirtz

& Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. “Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace,” said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Contact Info Peretz Bronstein, Esq. or Nathan MillerBronstein, Gewirtz & Grossman,

LLC917-590-0911 | info@bgandg.com Attorney advertising.Prior results do not guarantee similar outcomes.

Gildan Activewear, GIL, Bronstein Gewirtz and Grossman, investor alert, securities fraud investigation, Jehoshaphat Research, channel stuffing, receivables off-balance sheet

4 Comments

  1. 18.8% is insane. If they’re really moving receivables off balance sheet that’s basically a scam.

  2. Wait so “channel stuffing” means they sold too much? Or like they hid inventory? I’m confused but stocks don’t drop that much for nothing.

  3. This sounds like one of those reports that’s like 10% truth and 90% drama. Also the law firm says “no cost” so I’m guessing this is just them farming clients? Idk.

  4. I don’t even buy Gildan but I swear this is why everything feels more expensive. If they were “engineering” numbers then why didn’t someone stop it earlier?? Maybe they’ll just blame ‘financial engineering’ and move on.

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