Gildan Activewear Inc. (GIL)
| Market Cap | 5.83B |
| Revenue (ttm) | 3.19B |
| Net Income (ttm) | 514.63M |
| Shares Out | 168.59M |
| EPS (ttm) | 2.96 |
| PE Ratio | 11.68 |
| Forward PE | 11.33 |
| Dividend | $0.82 (2.37%) |
| Ex-Dividend Date | May 22, 2024 |
| Volume | 609,186 |
| Open | 34.20 |
| Previous Close | 34.00 |
| Day's Range | 34.20 - 34.64 |
| 52-Week Range | 26.98 - 38.87 |
| Beta | 1.63 |
| Analysts | Strong Buy |
| Price Target | 40.21 (+16.35%) |
| Earnings Date | May 1, 2024 |
About GIL
Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, an... [Read more]
Financial Performance
In 2023, GIL's revenue was $3.20 billion, a decrease of -1.38% compared to the previous year's $3.24 billion. Earnings were $533.58 million, a decrease of -1.47%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for GIL stock is "Strong Buy." The 12-month stock price forecast is $40.21, which is an increase of 16.35% from the latest price.
News
Browning West Releases Presentation Detailing Why Voting FOR All Eight of Browning West's Nominees Is the Superior Path Forward for Gildan Activewear Shareholders
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Gildan Activewear Publishes Investor Presentation for 2024 Annual Meeting
MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has published an investor presentation, entitled “Successfully Driving Long-Term Value for...
Gildan Announces a C$200 Million Private Placement Financing with CDPQ
MONTRÉAL, May 08, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that it has reached an agreement to issue CAD$200 million aggregate pr...
Gildan Activewear Reports Results for the First Quarter of 2024
MONTREAL, May 01, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the first quarter ended March 31, 2024. Fiscal 2024 guidance was reconfirmed as commun...
Browning West Files Proxy Circular and Sends Letter to Gildan Activewear Shareholders Regarding the Opportunity to Upgrade Leadership and Supercharge Returns
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to Shareholders
MONTREAL, April 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has filed its management proxy circular with the Canadian securities regulatory authorit...
Browning West and Glenn Chamandy Comment on Gildan Activewear's Defensive and Reactionary Board Refreshment
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Gildan Activewear Announces Board Refreshment to Support CEO Vince Tyra and Gildan's Next Phase of Sustainable Growth
Board Refreshment Reflects Shareholder Feedback and Follows Browning West's Failure to Constructively Engage as it Pursues a Needless and Wasteful Proxy Contest
Gildan Activewear Announces Date for First Quarter 2024 Earnings Release
MONTREAL, April 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) will report its 2024 first quarter results on Wednesday, May 1st, 2024. A press rele...
Browning West Cautions Shareholders Regarding Gildan Activewear's Risky Path Forward Under CEO Vince Tyra
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Gildan Activewear CEO Vince Tyra provides key focus strategic priorities
Company Reconfirms 2024 Full Year Guidance Announces Preliminary Q1 2024 Revenue Company to Host Investor Day in Fall 2024
Gildan Activewear Announces Investor Update on April 15, 2024
MONTREAL, April 08, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announces that its President and CEO, Vince Tyra, will provide an Investor Upd...
Browning West's Slate of Highly Qualified Director Candidates Releases Five-Pillar Plan to Enhance Shareholder Value at Gildan Activewear
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Browning West Contends That Gildan Activewear's Reactionary Sale Process Underscores Why Immediate Board Reconstitution is Required
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Gildan Activewear Stock Jumps 10% Amid Reports of Potential Buyout
Trading in shares of Gildan Activewear (GIL) was paused on Tuesday after the stock jumped following reports the board was exploring selling the company.
Gildan Activewear Issues Statement in Response to Media Reports
MONTREAL, March 19, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today issued the following statement in response to recent media reports:
T-shirt maker Gildan rallies on report it has been put up for sale, amid latest leadership drama
Shares of Gildan Activewear Inc. jumped on Tuesday following a report that the T-shirt maker had been put up for sale, marking the latest drama over the company's leadership plans.
Gildan Activewear to Consider Potential Bids
Canadian clothing maker is considering its options after receiving expressions of interest from several potential buyers.
Canadian apparel manufacturer Gildan Activewear up for sale
Canadian company Gildan Activewear's , said on Tuesday the board has decided to put the clothing maker up for sale following a review by a special committee.
Browning West Troubled by the Gildan Activewear Board's Desperate and Erratic Behavior Following Concerning News About CEO Vince Tyra
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Browning West Addresses Recent Media Reports That Highlight the Gildan Activewear Board's Diligence Failures and Poor Judgement When Appointing Vince Tyra as CEO
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Browning West Files Lawsuit Against Gildan and Its Board of Directors to Ensure Shareholder Rights Are Protected at the 2024 Annual Meeting
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...
Gildan Activewear Reports Strong Fourth Quarter Results and Initiates Guidance for 2024
MONTREAL, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the fourth quarter and year ended December 31, 2023, and initiated annual guidance fo...
Gildan Included in CDP's Leadership Band and in S&P Global's Sustainability Yearbook
MONTREAL, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to share that it has been included in CDP's Leadership band for its 2023 c...
Browning West Urges Gildan Activewear's Board of Directors to Promptly Answer Questions Related to Apparent Diligence Failures During Its CEO Search
LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or ...