Gildan Activewear (GIL)
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Gildan Activewear Reports Results for the First Quarter of 2024
Newsfilter· 2024-05-01 20:10
(all amounts are in U.S. dollars except where otherwise indicated) (1) Please refer to "Definition and reconciliation of non-GAAP financial measures" in this press release Net sales of $696 millionOperating margin of 15.1%, adjusted operating margin1 of 18.0%GAAP diluted EPS of $0.47 down 13% and adjusted diluted EPS1 of $0.59 up 31%Capital returned to shareholders of $57 million during the quarterFull year 2024 guidance reconfirmed MONTREAL, May 01, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL ...
Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to Shareholders
Newsfilter· 2024-04-29 10:40
Company Launches Annual Meeting Website: www.futureofgildan.comBoard Urges Shareholders to Vote on the BLUE Proxy Card "FOR" ALL of Gildan's Qualified and Experienced Director Nominees Board Recommends the Election of Browning West Nominees Karen Stuckey and J.P. Towner 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 authorities on SEDAR+ in connection with its upc ...
GIL vs. KTB: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-26 16:40
Investors with an interest in Textile - Apparel stocks have likely encountered both Gildan Activewear (GIL) and Kontoor Brands (KTB) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight sto ...
Gildan Activewear (GIL) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-24 15:08
Gildan Activewear (GIL) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 1, 2024, might help the stock move higher if these key numbers are better than ex ...
Gildan Activewear Announces Board Refreshment to Support CEO Vince Tyra and Gildan's Next Phase of Sustainable Growth
Newsfilter· 2024-04-22 09:00
Board Refreshment Reflects Shareholder Feedback and Follows Browning West's Failure to Constructively Engage as it Pursues a Needless and Wasteful Proxy Contest Browning West is Attempting to Take Control of the Board and Company without Paying a Premium Tim Hodgson, Lee Bird, Jane Craighead, Lynn Loewen, and Les Viner Appointed to the Board, effective May 1, 2024, to facilitate an orderly transitionTim Hodgson to become Independent/Non-Executive Chair, effective May 1, 2024Board Recommends the Election of ...
Will Gildan (GIL) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-18 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Gildan Activewear (GIL) , which belongs to the Zacks Textile - Apparel industry, could be a great candidate to consider.This apparel maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 2.77%.For the last reported quarter, ...
Gildan Activewear Announces Date for First Quarter 2024 Earnings Release
Newsfilter· 2024-04-17 20:45
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 release will be issued after markets close, and a conference call is scheduled on that same day at 5:00 PM ET to discuss the Company's results. The conference call can be accessed by dialing (800) 715-9871 (Canada & U.S.) or (646) 307-1963 (international) and entering passcode 9371601 #. A replay will be available ...
Gildan Activewear Announces Date for First Quarter 2024 Earnings Release
Globenewswire· 2024-04-17 20:45
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 release will be issued after markets close, and a conference call is scheduled on that same day at 5:00 PM ET to discuss the Company’s results. The conference call can be accessed by dialing (800) 715-9871 (Canada & U.S.) or (646) 307-1963 (international) and entering passcode 9371601 #. A replay will be available ...
Is Gildan Activewear (GIL) Outperforming Other Consumer Discretionary Stocks This Year?
Zacks Investment Research· 2024-04-16 14:46
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Gildan Activewear (GIL) one of those stocks right now? 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 our Consumer Discretionary group, which includes 286 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks ...
Gildan Activewear CEO Vince Tyra provides key focus strategic priorities
Newsfilter· 2024-04-15 20:18
Company Reconfirms 2024 Full Year GuidanceAnnounces Preliminary Q1 2024 RevenueCompany to Host Investor Day in Fall 2024 MONTREAL, April 15, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that its President and CEO, Vince Tyra has unveiled his key focus strategic priorities. Concurrently, the Company also reconfirmed its 2024 full year guidance and announced preliminary Q1 revenue. Furthermore, the Company intends to hold an Investor Day in the Fall of 2024 to provide a ...