GIL Stock Recent News

Gildan Activewear Inc. reported a strong quarter with double-digit growth, margin expansion, and significant market share gains, particularly in premium T-shirts and international sales. The company leverages cost advantages in Bangladesh, expanding internationally, and gaining share in mass-market retailers, but faces risks from distributor concentration. Despite Gildan's robust performance and strategic initiatives, the stock's current valuation at 15.5x forward earnings is high, prompting caution.

Gildan Activewear's Q4 results reflect higher sales and earnings. The adjusted gross margin increases y/y due to lower raw material costs.

Gildan Activewear, Inc. (NYSE:GIL ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Jessy Hayem - Head, IR Glenn Chamandy - President, CEO & Director Rhodri Harries - EVP & Chief Financial & Administrative Officer Chuck Ward - President, Sales, Marketing & Distribution Conference Call Participants Brandon Cheatham - Citi Jay Sole - UBS Mark Petrie - CIBC Brian Morrison - TD Cowen Martin Landry - Stifel Stephen MacLeod - BMO Capital Markets Vishal Shreedhar - National Bank Chris Lee - Desjardins Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gildan Activewear's 2024 Q4 Earnings and Full Year Conference Call. Please be advised that today's conference is being recorded.

MONTREAL, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced the following executive leadership nominations and a CFO transition as part of a multi-year succession planning process, which are intended to ensure strong continuity as the Company drives forward with the Gildan Sustainable Growth Strategy:

(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

GIL's Q4 results are likely to gain from the Sustainable Growth Strategy, supported by improved POS trends, margin expansion and strategic growth initiatives.

Gildan (GIL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Investors interested in Textile - Apparel stocks are likely familiar with Gildan Activewear (GIL) and Kontoor Brands (KTB). But which of these two stocks is more attractive to value investors?

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 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 Q4 2024 audio webcast.

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.