Gildan Activewear Hits Day Low of CAD 65.15 Amid Price Pressure

Gildan Activewear, Inc., a mid-cap player in the footwear industry, experienced significant volatility on June 16, 2026, with its stock price declining by 18.75%. The stock reached an intraday low of CAD 65.15, marking a notable shift in its performance metrics. Over the past day, Gildan's performance starkly contrasted with the S&P/TSX 60, which saw a modest gain of 0.28%. The company's one-week performance also reflected a downward trend, with a decrease of 14.72%, while the S&P/TSX 60 rose by 2.41%. In a broader context, Gildan's one-month performance is down by 9.42%, compared to the S&P/TSX 60's increase of 5.17%. Year-to-date, Gildan has faced a decline of 17.95%, while the S&P/TSX 60 has gained 11.26%. Despite these recent challenges, Gildan has shown resilience over the longer term, with a three-year performance increase of 72.82%, slightly outperforming the S&P/TSX 60's 72.14%. The company's market capitalization stands at CAD 15,764 million, with a P/E ratio of 27.00 and a return on equity of 12.07%.