Gildan Activewear Inc. (GIL)

NYSE: GIL · IEX Real-Time Price · USD
35.12
-0.09 (-0.26%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-0.26%
Market Cap 5.92B
Revenue (ttm) 3.20B
Net Income (ttm) 533.58M
Shares Out 168.66M
EPS (ttm) 3.03
PE Ratio 11.59
Forward PE 11.79
Dividend $0.82 (2.34%)
Ex-Dividend Date Mar 12, 2024
Volume 613,176
Open 35.48
Previous Close 35.21
Day's Range 34.76 - 35.59
52-Week Range 26.98 - 38.87
Beta 1.63
Analysts Buy
Price Target 39.75 (+13.18%)
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]

IPO Date Jun 10, 1998
Employees 51,000
Stock Exchange NYSE
Ticker Symbol GIL
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for GIL stock is "Buy." The 12-month stock price forecast is $39.75, which is an increase of 13.18% from the latest price.

Price Target
$39.75
(13.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day ago - GlobeNewsWire

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 ...

2 days ago - Business Wire

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

3 days ago - GlobeNewsWire

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...

10 days ago - GlobeNewsWire

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 ...

17 days ago - Business Wire

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 ...

4 weeks ago - Business Wire

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.

4 weeks ago - Investopedia

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:

4 weeks ago - GlobeNewsWire

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.

4 weeks ago - Market Watch

Gildan Activewear to Consider Potential Bids

Canadian clothing maker is considering its options after receiving expressions of interest from several potential buyers.

4 weeks ago - WSJ

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.

4 weeks ago - Reuters

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 ...

4 weeks ago - Business Wire

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 ...

5 weeks ago - Business Wire

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 ...

5 weeks ago - Business Wire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - Business Wire

Gildan Activewear Announces Date for Fourth Quarter and Full Year 2023 Earnings Release

MONTREAL, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) will report its 2023 fourth quarter and full year results on Wednesday, February 21st...

2 months ago - GlobeNewsWire

Browning West to Run Slate of Eight Highly Qualified Director Candidates for Election at Gildan Activewear's 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 ...

2 months ago - Business Wire

Activist investors in Gildan Activewear will have chance to bring back fired CEO at special meeting

Gildan Activewear said on Monday that it will hold a special election to determine if ousted CEO Glenn Chamandy will return.

2 months ago - CNBC

Browning West Reacts to the Gildan Activewear Board's Attempt to Simultaneously Delay and Cancel a Validly Requisitioned Special 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 ...

2 months ago - Business Wire

Gildan Sets Meeting Date and Provides Regulatory Update

MONTREAL, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announces that its board of directors (the “Board”) has called an annual and sp...

2 months ago - GlobeNewsWire

Gildan Releases Report on CEO Succession Process by Renowned Governance Expert

MONTREAL, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX an NYSE and “Gildan” or “the Company”) today announces the release of a Governance Report by Dr. Richard W. Leblanc on The ...

3 months ago - GlobeNewsWire

Gildan Provides Timeline of Events Leading Up to CEO's Removal

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today provides details on the timeline of events leading up to Glenn Chamandy's remov...

3 months ago - GlobeNewsWire

Browning West Discloses Gildan Activewear's Efforts to Deprive Shareholders of an Opportunity to Reconstitute the Board at a Validly Requisitioned Special 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 ...

3 months ago - Business Wire