Gildan Activewear Inc. (GIL) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

We also issued our interim shareholder report containing management's discussion and analysis and consolidated financial statements. These documents are expected to be filed with the Canadian Securities and Regulatory Authorities and the U.S. Securities Commission today, and they'll also be available on our corporate website. Now joining me on the call today are Glenn Chimendi, our President and CEO, Luca Borelli, Executive Vice President, CFO, and Chuck Ward, Executive Vice President, Chief Operating Officer. This morning we'll take you through the results for the quarter and then a question and answer session will follow. Before we begin, please take note that certain statements included in this conference call may constitute forward-looking statements which involve unknown and known risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. We refer you to the company's filings with the U.S. Securities and Exchange Commission and Canadian Securities Regulatory Authorities. During this call, we will also discuss certain non-GAAP financial measures, reconciliations to the most directly comparable IFRS measures are provided in today's earnings release, as well as our MD&A. And now, I'll turn it over to Glenn. Thank you, Jessie, and good morning, everyone. We're pleased with our third quarter results as we continue to drive profitable growth. especially in a macroeconomic backdrop which remains fluid. We saw strong net sales growth of 5.4% in activewear and adjusted operating margins of 23.2%, which allowed us to deliver record-adjusted diluted EPS of $1 this quarter, an increase of 17.6% versus the same period last year. These are record-setting third quarte...