Gildan Activewear (NYSE:GIL) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Jessy Hayem - Vice President, Head of Investor Relations Glenn Chamandy - President and Chief Executive Officer Rhodri Harries - Executive Vice President and Chief Financial and Administrative Officer Chuck Ward - President, Sales, Marketing and Distribution Conference Call Participants Paul Lejuez - Citi Mark Petrie - CIBC Jay Sole - UBS Stephen MacLeod - BMO Martin Landry - Stifel Vishal Shreed ...

Gildan Activewear (GIL) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.19%. A quarter ago, it was expected that this apparel maker would post earnings of $0.72 per share when it actually produced earnings of $0.74, delivering a surprise of 2.78%.Over the last four quarters, the com ...

2024 Third Quarter Shareholder Report | --- | --- | |-----------------------------------------------------------------------|-------| | Contents | | | MD&A | | | 1.0 Preface | 2 | | 2.0 Caution regarding forward-looking statements | 2 | | 3.0 Our business | 4 | | 4.0 Strategy | 8 | | 5.0 Operating results | 9 | | 6.0 Financial condition | 19 | | 7.0 Cash flows | 21 | | 8.0 Liquidity and capital resources | 23 | | 9.0 Legal proceedings | 28 | | 10.0 Financial risk management | 28 | | 11.0 Critical accounting ...

  (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   Record third quarter net sales of $891 million, up 2.4% vs. the prior yearOperating margin of 21.7%, adjusted operating margin1 of 22.4%GAAP diluted EPS of $0.82 and record third quarter adjusted diluted EPS1 of $0.85Cash flow from operations of $178 million and free cash flow1 of $149 millionRecord quarterly return of $404 million t ...

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 markets open, and a conference call is scheduled on that same day at 8:30 AM 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 7966565#. A replay will be available for 7 days starting at 12: ...

Have you been paying attention to shares of Gildan Activewear (GIL) ? Shares have been on the move with the stock up 4.2% over the past month. The stock hit a new 52-week high of $47.76 in the previous session. Gildan Activewear has gained 43.6% since the start of the year compared to the 5.1% move for the Zacks Consumer Discretionary sector and the -17.8% return for the Zacks Textile - Apparel industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it ha ...

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. Whi ...

Investors interested in stocks from the Textile - Apparel sector have probably already heard of Gildan Activewear (GIL) and Lululemon (LULU) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimat ...

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 Vice-President, Chief Financial and Administrative Officer will participate in a fireside chat and one-on-one meetings with investors at the 28th Annual Scotiabank Back to School Conference in Toronto on Wednesday, September 18, 2024. About Gildan Gildan is a leading manufacturer of everyday basic apparel. The Com ...

Fadyukhin/E+ via Getty Images Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL:CA) stock is awarded a Buy rating. GIL's second quarter bottom line expanded significantly by +17.5% YoY, which was equivalent to a +2.3% beat. The stock is undervalued based on an assessment of its forward P/E multiple and its intermediate term earnings outlook. I wrote about Gildan Activewear's operating profitability outlook in my prior November 19, 2023 write-up. This update evaluates GIL's financial performance for the second quar ...