Gildan Targeted by Short Seller
Investment fund Jehoshaphat Research posted a 60-page analysis on its website accusing GIL of channel stuffing to support revenue growth, and warned of a 20% shortfall coming in the back half of 2026. The report estimates that Gildan has pushed an additional $510 million in inventory into the marketplace through the end of Q1 ‘26, and that actual organic sales have otherwise declined over the past three years. Jehoshaphat quoted interviews with former employees and customers that the end-of-quarter pressure to hit sales targets led distributors to bring forward purchases. GIL ... Log in to view full article.