(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 fourth quarter net sales of $822 million, up 5% vs. the prior yearFourth quarter operating margin of 21.8%, adjusted operating margin1 of 21.3%Fourth quarter GAAP diluted EPS of $0.86 and record fourth quarter adjusted diluted EPS1 of $0.83Cash flow from operations of $211 million in Q4 and $501 million for the full year; free cash ...

Gildan Activewear Inc. (GIL) is scheduled to release fourth-quarter 2024 results on Feb. 19, before market open. The Zacks Consensus Estimate for revenues is pegged at $793.5 million, indicating a rise of 1.4% from the prior-year figure.The consensus estimate for earnings per share has been stable at 80 cents per share in the past 30 days. The estimate indicates an increase of 6.7% from the year-ago period’s number. GIL has a trailing four-quarter earnings surprise of 5.4%, on average.Stay up-to-date with a ...

Core Insights - Gildan Activewear (GIL) is currently more attractive to value investors compared to Kontoor Brands (KTB) based on various financial metrics and rankings [1][3][7] Valuation Metrics - GIL has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision trend compared to KTB, which has a Zacks Rank of 3 (Hold) [3] - GIL's forward P/E ratio is 15.52, while KTB's forward P/E ratio is 16.73, suggesting GIL is relatively undervalued [5] - The PEG ratio for GIL is 1.72, compared to KTB's PEG ratio of 2.09, indicating GIL's expected earnings growth is more favorable relative to its valuation [5] - GIL's P/B ratio is 5.18, significantly lower than KTB's P/B ratio of 13.63, further supporting GIL's valuation attractiveness [6] Value Grades - GIL has a Value grade of B, while KTB has a Value grade of C, reflecting GIL's stronger overall valuation metrics [6]

MONTREAL, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 fourth quarter and full year results on Wednesday, February 19th, 2025. 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 3105768#. A replay will be available for 7 day ...

MONTREAL, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 fourth quarter and full year results on Wednesday, February 19th, 2025. 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 3105768#. A replay will be available for 7 day ...

CHARLESTON, S.C., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Gildan is pleased to donate U.S.$200,000 worth of American Apparel® and Gildan® garments to FireAid, a concert benefiting those affected by the ongoing wildfires in Los Angeles, California. Shirts and hoodies will be available for purchase at the event with all funds from their sale going directly to short-term relief efforts as well as long-term initiatives to prevent future fire disasters in Southern California. “At Gildan, we believe in making apparel r ...

Gildan's Product Innovations and Brand Updates - Gildan is showcasing its latest styles and product innovations at the Impressions Expo Long Beach, featuring brands like Gildan, Comfort Colors, American Apparel, and Champion [1] - The company is introducing Plasma Print Technology to enhance direct-to-garment printing, offering softer fabrics, brighter colors, and improved print consistency [2] - New styles include additions to the Light Cotton™, Gildan Hammer Maxweight, and Softstyle™ Midweight Fleece collections, reinforcing Gildan's position as a preferred choice for decorators [3] Comfort Colors' 50th Anniversary and New Offerings - Comfort Colors is celebrating 50 years with new colors in best-selling styles 3023CL and 6030, as well as new youth styles 1467Y and 1745Y [4] - The brand is also introducing a cozy Fleece Dorm Blanket and previewing its 2026 collection with fresh silhouettes for women [5] - Comfort Colors continues to emphasize its Pigment Pure™ dyeing and reactive hues, inspired by nature [5] American Apparel's New Collections and Brand Identity - American Apparel is launching new colors in its iconic 2001 and 2001CVC styles, along with a Super Heavyweight collection featuring a street-style oversized fit [6] - The brand is also featuring its recently launched Logo collection, available exclusively on Amazon, reaffirming its dedication to blending apparel with pop culture [7] Champion's Bold and Stylish Collection - Gildan, through its licensing agreement with Authentic Brands Group, is presenting Champion's athletic apparel collection, including styles like S450, S600, and S700, embodying individuality and uniqueness [8] Gildan's Market Presence and ESG Commitment - Gildan is a leading manufacturer of everyday basic apparel, with products sold in North America, Europe, Asia Pacific, and Latin America under brands like Gildan, American Apparel, Comfort Colors, and Champion [9] - The company operates vertically integrated manufacturing facilities in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to ESG practices [10]

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 ...