Gildan Activewear Expects To Receive $220M In IEEPA Tariff Refunds Under U.S. CBP Refund Process In 2026
Most of the refunds anticipated to be recorded during the third quarter. A significant portion of the tariff refunds represent a non-recurring benefit. This portion will be reinvested into new incremental strategic
Gildan will get back about $220 million in tariffs (extra taxes on imports) that the U.S. government charged them by mistake. This big refund is mostly a one-time boost, but the company plans to use it to improve their business.
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