Gildan Activewear's (NYSE:GIL) Q2 2024 Earnings Conference Call August 1, 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, Chief Financial and Administrative Officer Chuck Ward - President, Sales, Marketing and Distribution Conference Call Participants Paul Lejuez - Citigroup Mark Petrie - CIBC Brian Morrison - TD Cowen Vishal Shreedhar - National Bank Financial Mart ...

Gildan Activewear (GIL) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.78%. A quarter ago, it was expected that this apparel maker would post earnings of $0.52 per share when it actually produced earnings of $0.59, delivering a surprise of 13.46%. Over the last four quarters, the ...

2024 Second 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 accountin ...

(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 $862 million Operating margin of 16.4%, adjusted operating margin1 of 22.7% GAAP diluted EPS of $0.35 and adjusted diluted EPS1 of $0.74 Cash flow from operations of $140 million and free cash flow1 of $104 million Capital returned to shareholders of $182 million during the quarter through dividends and share repurchases Comp ...

(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 $862 million Operating margin of 16.4%, adjusted operating margin1 of 22.7% GAAP diluted EPS of $0.35 and adjusted diluted EPS1 of $0.74 Cash flow from operations of $140 million and free cash flow1 of $104 million Capital returned to shareholders of $182 million during the quarter through dividends and share repurchases Comp ...

The consensus estimate for earnings is pegged at 71 cents per share, which indicates a 12.7% increase from the year-ago quarter's actual. The consensus mark has remained unchanged in the past 30 days. Gildan Activewear's quarterly performance is likely to have been supported by a robust business model and the sturdy execution of its strategic priorities. The company has been gaining from higher market share, led by strength in brands, product innovation and solid customer service. Momentum in ring spun and ...

Gildan Activewear's focus on expanding its activewear segment is likely to have been a pivotal factor in the upcoming earnings report. The Zacks Consensus Estimate for second-quarter revenues stands at $851.9 million, which indicates an increase of 1.4% from the prior-year reported figure. Gildan Activewear has a trailing four-quarter earnings surprise of 5.6%, on average. In the last reported quarter, this Montreal, Canada-based company surpassed the Zacks Consensus Estimate by a margin of 13.5%. Gildan Ac ...

About Gildan Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy. More information about the Company and its ESG practices and initiatives can be ...

MONTREAL, July 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 second quarter results on Thursday, August 1st, 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 5492469#. A replay will be available for 7 days starting at 12:3 ...

MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") is pleased to share that it has been recognized as one of the Best 50 Corporate Citizens in Canada by Corporate Knights for the third consecutive year. Gildan is the only company in the Textiles & Clothing Manufacturing peer group to be included. In addition, Gildan has been included in the inaugural edition of TIME's World Most Sustainable Companies, and is one of only 12 Canadian companies fe ...