Gildan Activewear Inc.
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Gildan Activewear Announces Date for Fourth Quarter 2025 Financial Results
Globenewswire· 2026-02-13 12:45
Company Overview - Gildan Activewear Inc. is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, socks, and intimates to a diverse customer base including wholesale distributors, screenprinters, retailers, and global lifestyle brand companies [4] - The company markets its products across North America, Europe, Asia Pacific, and Latin America under a diversified portfolio of brands including Gildan, Hanes, Comfort Colors, and Champion, among others [4] Manufacturing and ESG Practices - Gildan operates vertically integrated, large-scale manufacturing facilities primarily located in Central America, the Caribbean, North America, and Asia [5] - The company is committed to industry-leading labor, environmental, and governance practices throughout its supply chain, in line with its comprehensive ESG program embedded in its long-term business strategy [5] Upcoming Financial Results - Gildan will report its 2025 fourth quarter and full year results on February 26, 2026, with a press release issued before market opening [1] - A conference call to discuss the results will take place on the same day at 8:30 AM ET, featuring key executives including the President and CEO, Chief Commercial Officer, and Chief Financial Officer [2]
This TSX transportation stock is up 17% this week and analysts see more upside potential
Financialpost· 2025-12-19 22:17
Article contentDesjardins Research put out a fresh list of top picks for the new year. Here’s a look at a few, by sector, and why analysts think they will perform for investors. Consumer staples/discretionary: Desjardins’s top idea is Gildan Activewear Inc. (TSX:GIL). It has a price target on the Montreal company of $95. Shares traded Friday at $87.48. Gildan is on Desjardins’s radar due to the possibility of a greater than 20 per cent compound annual growth rate in the earnings per shares (EPS) over three ...
Gildan Announces Participation at CIBC’s 24th Annual Eastern Institutional Investor Conference in Montreal
Globenewswire· 2025-09-18 12:00
Core Insights - Gildan Activewear Inc. will participate in the 24th Annual CIBC Eastern Institutional Investor Conference in Montreal on September 25, 2025, with key executives engaging in a fireside chat and one-on-one meetings with investors [1] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks to a diverse customer base including wholesale distributors, screenprinters, retailers, and global lifestyle brand companies [2] - The company markets its products across North America, Europe, Asia Pacific, and Latin America under various owned brands, including Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds, as well as through an exclusive licensing agreement for Champion in the printwear channel [2] Manufacturing and ESG Practices - Gildan operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [3] - The company is committed to industry-leading labor, environmental, and governance practices throughout its supply chain, which is integrated into its comprehensive ESG program aligned with its long-term business strategy [3]
SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Hanesbrand Inc. (NYSE: HBI)
Prnewswire· 2025-08-19 22:22
Group 1 - The core focus of the news is the investigation by Monteverde & Associates PC into the proposed sale of Hanesbrand Inc. to Gildan Activewear Inc., questioning whether the deal is fair for Hanesbrand shareholders [1] - Under the terms of the proposed transaction, Hanesbrand shareholders are set to receive 0.102 shares of Gildan and $0.80 in cash per share [1] - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report, highlighting its successful track record in recovering millions for shareholders [1] Group 2 - Monteverde & Associates PC is headquartered in the Empire State Building, New York City, and specializes in class action securities litigation [2] - The firm emphasizes its national presence and successful outcomes in trial and appellate courts, including the U.S. Supreme Court [2] - The firm invites shareholders with concerns regarding the transaction to contact them for additional information at no cost [3]
HanesBrands (HBI) Earnings Call Presentation
2025-08-13 12:30
Transaction Overview - Gildan will acquire all outstanding shares of HanesBrands for 0.102x Gildan shares and $0.80 cash per HanesBrands share[32] - The implied value is $6.00 per HanesBrands share, representing an implied premium of approximately 24%[32] - The total enterprise value is $4.4 billion, implying an 8.9x LTM adjusted EBITDA multiple, or 6.3x on a fully synergized basis[32] - Upon closing, HanesBrands shareholders will own approximately 19.9% of Gildan shares on a non-diluted basis[32] Financial Highlights - The LTM pro forma revenue is $6.9 billion; LTM pro forma adjusted EBITDA is approximately $1.6 billion, including expected run-rate cost synergies of $200 million[32] - Gildan expects to realize at least $200 million of annual run-rate cost synergies within 3 years of closing, with approximately $50 million to be realized in 2026, approximately $100 million in 2027, and approximately $50 million in 2028[32, 51] - Gildan's adjusted diluted EPS CAGR over the next three years is expected to be in the low 20% range, starting from the midpoint of Gildan's 2025 adjusted diluted EPS guidance[32] - The expected closing net debt leverage ratio is 2.6x; the expected net debt leverage ratio is less than 2.0x within 12 to 18 months post-closing, in line with the stated long-term target net debt leverage ratio of 1.5x – 2.5x[32] Strategic Review - Gildan intends to initiate a review of strategic alternatives for the HanesBrands Australia business ("HAA") post-closing[32]
Gildan Names S&S Activewear as Exclusive Wholesale Distributor for the Canadian Printwear Market
Globenewswire· 2025-08-06 20:30
Core Insights - Gildan Activewear has appointed S&S Activewear as the exclusive wholesale distributor for its brands in the Canadian imprintables market, effective December 28, 2025 [1][3]. Group 1: Partnership Details - The partnership aims to enhance product availability and streamline the ordering process for Gildan's Canadian customers through S&S Activewear's distribution network [2][3]. - S&S Activewear will provide improved service with inventory depth that allows for one and two-day service to over 99% of the Canadian population [3]. Group 2: Company Background - Gildan is a leading manufacturer of basic apparel, offering products such as activewear, underwear, and socks, marketed under various brands including Gildan, American Apparel, and Champion [4][5]. - The company operates large-scale manufacturing facilities primarily in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to ESG practices [5]. Group 3: S&S Activewear Overview - S&S Activewear, founded in 1988, is a major distributor of apparel and accessories in North America, offering over 100 brands and operating more than 6 million square feet of warehouse space [6]. - The company serves a diverse customer base, including retail brands, e-commerce companies, and garment decorators [6].
Gildan Recognized as One of Canada’s Best 50 Corporate Citizens by Corporate Knights and Among TIME’s World’s Most Sustainable Companies
Globenewswire· 2025-07-07 13:15
Core Insights - Gildan Activewear Inc. has been recognized on Canada's Best 50 Corporate Citizens list for the fourth consecutive year, being one of only two companies in the Textiles and Clothing Manufacturing sector to achieve this honor [1] - The company is also featured on TIME's World's Most Sustainable Companies list, marking its presence as one of 13 Canadian companies and one of only two in the "Apparel, Footwear & Sporting Goods" subcategory [1] Group 1: Recognition and Awards - Gildan's inclusion in Canada's Best 50 Corporate Citizens is based on a dataset of companies with over $1 billion in annual revenues, evaluated on 25 key performance indicators (KPIs) related to sustainability and corporate responsibility [2] - TIME's World's Most Sustainable Companies list identifies the top 500 companies from a pool of 5,000, assessed across more than 20 key indicators, including sustainability ratings and commitments from reputable organizations [3] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks, marketed under various brands including Gildan®, American Apparel®, and Champion® [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [5]
Gildan Recognized as One of Canada's Best 50 Corporate Citizens by Corporate Knights and Among TIME's World's Most Sustainable Companies
GlobeNewswire News Room· 2025-07-07 13:15
Core Insights - Gildan Activewear Inc. has been recognized on Canada's Best 50 Corporate Citizens list for the fourth consecutive year, being one of only two companies in the Textiles and Clothing Manufacturing sector to achieve this honor [1] - The company is also featured on TIME's World's Most Sustainable Companies list, marking its presence as one of 13 Canadian companies and one of only two in the "Apparel, Footwear & Sporting Goods" subcategory [1] Group 1: Recognition and Achievements - Gildan's inclusion in Canada's Best 50 Corporate Citizens is based on a dataset of companies with over $1 billion in annual revenues, evaluated on 25 key performance indicators (KPIs) related to sustainability and corporate responsibility [2] - TIME's World's Most Sustainable Companies list identifies the top 500 companies from a pool of 5,000, assessed across more than 20 key indicators, including sustainability ratings and commitments from reputable organizations [3] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks, marketed under various brands including Gildan®, American Apparel®, and Champion® [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [5]
Gildan Publishes its 2024 ESG Report Highlighting Advancements towards its 2030 ESG Targets
Globenewswire· 2025-05-20 12:01
Core Insights - Gildan Activewear Inc. has published its 2024 Environmental, Social, and Governance (ESG) Report, highlighting progress against its Next Generation ESG strategy targets [2][3] Group 1: ESG Achievements - The company reduced water intensity at its manufacturing facilities by 25.2% per kilogram produced compared to a 2018 baseline [5] - Sustainable cotton sourcing increased from 35.7% in 2023 to 77.3% in 2024 [5] - The percentage of recycled polyester or alternative fibers and/or yarns sourced doubled from 2023 to 2024 [5] - Gildan achieved ISO 45001 certification in two additional facilities in 2024, totaling five certified facilities [5] - The company was included in the Dow Jones Best-in-Class North America Index for the 12th consecutive year [5] - Gildan was recognized in the 2025 Sustainability Yearbook by S&P Global for the 13th consecutive year [5] - The company was included in CDP's Leadership Band in 2025 for its 2024 climate change disclosure, marking the fifth time it has received this recognition [5] - Gildan was named in the inaugural edition of TIME's World Most Sustainable Companies [5] - The company was recognized as one of Canada's Best 50 Corporate Citizens by Corporate Knights for the third consecutive year [5] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, marketed under various brands [6] - The company operates vertically integrated, large-scale manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [7] - Gildan's operations are supported by a strong commitment to industry-leading labor, environmental, and governance practices throughout its supply chain [7]
Gildan Activewear Reports on Shareholders’ Voting Results
Globenewswire· 2025-04-30 19:40
Core Points - Gildan Activewear Inc. announced the election of eight nominees as directors during its annual meeting held on April 30, 2025, with a majority of votes cast in favor [1] - A majority of shareholders also supported the non-binding advisory vote on Executive Compensation and the reappointment of auditors [1] Voting Results - The appointment of auditors received 113,566,354 votes in favor, representing 88.79%, while 14,344,315 votes were against, accounting for 11.21% [2] - The election of directors showed strong support, with Michael Kneeland receiving 95.84% approval, Glenn J. Chamandy 99.94%, and Anne-Laure Descours 99.93% [2] - The advisory vote on Executive Compensation garnered 104,083,922 votes in favor, which is 83.00%, while 21,318,217 votes were against, making up 17.00% [2] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, serving a diverse customer base [3] - The company operates vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, emphasizing strong labor, environmental, and governance practices [4]