Gildan Activewear Inc. (GIL)
| Market Cap | 7.54B |
| Revenue (ttm) | 3.23B |
| Net Income (ttm) | 421.86M |
| Shares Out | 154.06M |
| EPS (ttm) | 2.52 |
| PE Ratio | 19.44 |
| Forward PE | 14.46 |
| Dividend | $0.76 (1.56%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 4,424,779 |
| Open | 48.92 |
| Previous Close | 48.91 |
| Day's Range | 48.61 - 49.32 |
| 52-Week Range | 30.68 - 50.58 |
| Beta | 1.60 |
| Analysts | Strong Buy |
| Price Target | 45.79 (-6.57%) |
| Earnings Date | Oct 31, 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, Gildan Activewear'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 $45.79, which is a decrease of -6.57% from the latest price.
News
Gildan Has Returned To Historical Valuations Post Q3, And Remains Fairly Priced
Gildan Activewear Inc. continues growing well above its markets, and gaining share. On the cost front, the company continues to benefit from raw material costs going down, and great expense management...
Gildan Activewear (GIL) Q3 2024 Earnings Call Transcript
Gildan Activewear (GIL) Q3 2024 Earnings Call Transcript
Gildan Reports Record Third Quarter Revenue and Adjusted Diluted EPS¹ and Updates its Full Year 2024 Guidance
MONTREAL, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the third quarter ended September 29, 2024. The Company also updated its Fiscal 2024 ...
Gildan Activewear Announces Date for Third Quarter 2024 Earnings Release
MONTREAL, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 third quarter results on Thursday, October 31st, 2024. A press release will be issued before...
Gildan Announces Participation in the Scotiabank Back to School Conference
MONTREAL, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) announces today that Glenn J. Chamandy, President & Chief Executive Officer and Rhodri J. Harries, Executive Vic...
Gildan Is Back On Track And Has Good Plans, The Stock Is Fairly Valued
Gildan Activewear Inc.'s Q2 2024 results were positive, with expected growth and increased market share. The company has levers to solidify its leading market position in the industry. Hold rating on ...
Gildan Activewear: Good Quarterly Results And Favorable Mid-Term Prospects
GIL's earnings rose by +17.5% YoY to $0.74 in the second quarter, and the company's actual Q2 bottom line beat the consensus estimate by +2.3%. Gildan Activewear anticipates that it can realize a mid-...
Gildan Activewear's (GIL) Q2 2024 Earnings Call Transcript
Gildan Activewear's (NYSE:GIL) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Jessy Hayem - Vice President, Head of Investor Relations Glenn Chamandy - President and ...
Gildan Activewear Reports Results for the Second Quarter of 2024, Reconfirms its Full Year Guidance and Provides Three-Year Outlook
MONTREAL, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the second quarter ended June 30, 2024. The Company also reconfirmed its Fiscal 2024 ...
Gildan Activewear Announces Date for Second Quarter 2024 Earnings Release
MONTREAL, July 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 second quarter results on Thursday, August 1st, 2024. A press release will be issued before ...
Gildan Recognized on Corporate Knights' Best 50 Corporate Citizens and TIME's World's Most Sustainable Companies
MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to share that it has been recognized as one of the Best 50 Corporate Citiz...
Gildan Celebrates Two Decades of Sustainability Reporting With the Release of its 2023 ESG Report
MONTREAL, June 18, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to announce the publication of its 20t h Environmental, Social, and Govern...
Gildan Activewear Announces Increase of Normal Course Issuer Bid
MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) is committed to returning capital to shareholders via share buybacks and dividends as a key element of its capital...
Gildan Activewear Reports on Shareholders' Voting Results
MONTRÉAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) today announced that the eight director nominees, being all of the existing directors ...
Gildan Names Glenn Chamandy as President and CEO
Gildan Activewear said Glenn Chamandy, the company's former CEO, will return as CEO following the resignation Thursday evening of Vince Tyra, president and CEO, and the entire board of directors.
Glenn Chamandy Appointed as President and CEO and Michael Kneeland to serve as Chair of the Board of Directors
MONTREAL, May 24, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that the Board of Directors has appointed Glenn J. Chamandy as Preside...
Gildan Activewear shares climb after board resigns, ousted CEO returns
The clothing maker's board has been clashing with Browning West and seven other investors that own a total of 35% stake in the company following the ouster of co-founder Chamandy in December.
Gildan Focus Now Turns to Growth With New Board, Former CEO's Expected Reinstatement
The focus, analysts say, now turns to the Canadian clothing maker's ability to bring growth back from a period of stagnating demand and lift the stock out of its slump.
Gildan's board abruptly resigns ahead of annual meeting, handing control to activist
The entire board of Gildan Activewear is resigning in favor of activist Browning West's eight nominees, a win for ousted founder Glenn Chamandy days ahead of the company's annual meeting. Gildan is a ...
Canadian apparel maker Gildan's board resigns, ex-CEO Chamandy returns
Canadian apparel maker Gildan Activewear said on Thursday its board of directors has resigned and its CEO Vince Tyra has stepped down to be replaced by former top boss Glenn Chamandy.
Browning West Announces Successful Replacement of Gildan Activewear's Entire Board of Directors with Full Eight-Member Slate
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 Board of Directors Resigns
MONTREAL, May 23, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announced that the full Board of Directors has resigned, and Vince Tyra has step...
Glass Lewis Joins ISS in Recommending Gildan Activewear Shareholders Vote “FOR” ALL EIGHT of Browning West's Director Candidates, Including Former CEO Glenn Chamandy
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 ...
ISS Recommends Gildan Activewear Shareholders Vote the GOLD Proxy Card “FOR” ALL EIGHT of Browning West's Director Candidates, Including Former CEO Glenn Chamandy
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 Highlighting Critical Reasons to Vote for Its Director Nominees at Upcoming Annual Meeting
MONTREAL, May 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has published an investor presentation, entitled “New, Focused CEO and Refreshed Board Del...