ESG Performance and Recognition - Gildan Activewear Inc has been included in the Dow Jones Sustainability™ North America Index (DJSI North America) for the 12th consecutive year, marking its leadership in sustainability [1] - The company ranks in the 98th percentile of the Textiles, Apparel, and Luxury Goods industry out of 189 companies assessed, making it the only apparel manufacturing company included in the DJSI North America [1] - The DJSI North America represents the top 20% of the largest 600 North American companies in the S&P Global Broad Market Index that lead in sustainability [2] ESG Strategy and Commitment - Gildan's ESG strategy is an integral part of its long-term business strategy, with a two-decade-long commitment to sustainability [2] - The company's Next Generation ESG strategy is rooted in the Gildan Sustainable Growth strategy, aiming to create a more sustainable future for the company, its people, communities, and the environment [2] - Gildan operates with industry-leading labor, environmental, and governance practices throughout its supply chain, embedded in its comprehensive ESG program [6] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, sold to wholesale distributors, screenprinters, retailers, and global lifestyle brand companies [4] - The company markets its products in North America, Europe, Asia Pacific, and Latin America under brands such as Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds [5] - Gildan owns and operates vertically integrated, large-scale manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [6]

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Gildan Activewear (GIL) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Gildan Activewear is a member of the Consumer Discretionary sector. This group includes 272 individual stocks and currently holds a Zacks Sect ...

Shares of Gildan Activewear Inc. (GIL) have been on a strong upward trajectory, hovering near its 52-week high of $50.60, achieved on Monday. This surge in stock price is a reflection of the company's exceptional performance, fueled by the successful execution of its three strategic pillars: capacity expansion, innovation, and environmental, social and governance (ESG) initiatives.The recent rally follows Gildan’s impressive third-quarter fiscal 2024 earnings report on Oct. 31, when the company last hit thi ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Gildan Activewear (GIL) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Gildan Activewear is a member of the Consumer Discretionary sector. This group includes 273 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank considers 16 different sector groups. The averag ...

Have you been paying attention to shares of Gildan Activewear (GIL) ? Shares have been on the move with the stock up 2% over the past month. The stock hit a new 52-week high of $50.6 in the previous session. Gildan Activewear has gained 51.6% since the start of the year compared to the 15.6% move for the Zacks Consumer Discretionary sector and the -9.3% return for the Zacks Textile - Apparel industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it h ...

Credit: Image courtesy of NYSE Group. NYSE does not recommend or endorse any investments, investment strategies, companies, products or services MONTREAL, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) announced today that its President and CEO, Glenn J. Chamandy, rang the Opening Bell® on the New York Stock Exchange (NYSE) to mark the Company’s 40th anniversary as well as its 25th anniversary of being listed on the NYSE. He was joined on the podium by members of the Company’s ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

MONTREAL, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that it has priced an inaugural offering of C$700 million aggregate principal amount of senior unsecured notes in two series (the “Notes”), consisting of C$500 million aggregate principal amount of 4.362% senior unsecured notes, Series 1, due 2029 (the “2029 Notes”) and C$200 million aggregate principal amount of 4.711% senior unsecured notes, Series 2, due 2031 (the “2031 Notes ...

Gildan Activewear Inc. (NYSE: GIL ) released 3Q24 earnings , with MSD on its more important segment, and LSD growth aggregate (driven down by discontinued business). The company's margins continue to expand thanks to raw materials onLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, ...

Have you been paying attention to shares of Gildan Activewear (GIL) ? Shares have been on the move with the stock up 4.6% over the past month. The stock hit a new 52-week high of $49.64 in the previous session. Gildan Activewear has gained 47.9% since the start of the year compared to the 5.5% move for the Zacks Consumer Discretionary sector and the -18.4% return for the Zacks Textile - Apparel industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn ...