Gildan Activewear (GIL)

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Gildan Activewear Board of Directors Issues Letter to Shareholders
Newsfilter· 2024-05-15 11:30
Gildan's newly refreshed Board contains the right mix of fresh perspectives, historical continuity, and investor input – including five newly-refreshed independent directors, and four incumbent independent directors. Continuing the Board's track record of significant refreshment over the past several years, this new slate is strong, engaged, and diverse, with a balanced mix of experience, skills, and leadership expertise to execute the Company's strategy and enhance value for all shareholders. Gildan Active ...
Gildan Activewear Publishes Investor Presentation for 2024 Annual Meeting
Newsfilter· 2024-05-13 11:15
Board Urges Shareholders to Vote "FOR" ALL of Gildan's Recommended Qualified and Experienced Director Nominees on the BLUE Proxy Card Vote Today! For questions or help with voting, call 1-888-518-6813 (toll free in North America), text or call 437-561-5012, email contactus@kingsdaleadvisors.com or visit www.futureofgildan.com MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has published an investor presentation, entitled "Successfully Driving Lon ...
Gildan Announces a C$200 Million Private Placement Financing with CDPQ
Newsfilter· 2024-05-08 21:00
MONTRÉAL, May 08, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") announced today that it has reached an agreement to issue CAD$200 million aggregate principal amount of senior unsecured notes to Caisse de dépôt et placement du Québec ("CDPQ") on a private placement basis. The notes will bear interest at a rate of 6.0% per year and will mature 5 years from the issuance date. Gildan intends to use the net proceeds of the issuance to fund its common share repurc ...
Gildan Activewear (GIL) - 2024 Q1 - Quarterly Report
2024-05-01 20:36
2024 First 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 | 7 | | 5.0 Operating results | 8 | | 6.0 Financial condition | 18 | | 7.0 Cash flows | 20 | | 8.0 Liquidity and capital resources | 22 | | 9.0 Legal proceedings | 26 | | 10.0 Financial risk management | 27 | | 11.0 Critical accounting estimates and judgments | 27 | | 12.0 Accounting policies and new accounting stan ...
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, ...