GIL Stock Recent News

Gildan (GIL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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 12:30 PM EST by dialing (800) 770-2030 (Canada & U.S.) or (609) 800-9909 (international) and entering the same passcode. A live audio webcast of the conference call, as well as the replay, will be available at the following link: Gildan Q3 2024 audio webcast.

Does Gildan Activewear (GIL) have what it takes to be a top stock pick for momentum investors? Let's find out.

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?

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.

Gildan Activewear Inc.'s Q2 2024 results were positive, with expected growth and increased market share. The company has levers to solidify its leading market position in the industry. Hold rating on the stock has been maintained since March 2024, with a positive outlook for future performance.

GIL's earnings rose by +17.5% YoY to $0.74 in the second quarter, and the company's actual Q2 bottom line beat the consensus estimate by +2.3%. Gildan Activewear anticipates that it can realize a mid-teens percentage EPS CAGR for the next three years, but the positive earnings growth outlook isn't fully reflected in the stock's valuations. GIL is now trading at a PEG multiple of below 1 times, and the stock's undervaluation supports a Buy rating for GIL.

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 Martin Landry - Stifel Jay Sole - UBS Stephen McLeod - BMO Capital Markets Chris Li - Desjardins Operator Ladies and gentlemen, thank you for standing by, and welcome to the Q2 2024 Gildan Activewear Earnings Conference Call. Please be advised that today's conference is being recorded.

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.

MONTREAL, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the second quarter ended June 30, 2024. The Company also reconfirmed its Fiscal 2024 guidance.