GIL Stock Recent News

GIL continues to benefit from its successful execution of strategies, including the Sustainable Growth strategy, and innovations.

MONTRÉAL, April 30, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) today announced that the eight nominees proposed as directors in its management proxy circular dated March 18, 2025 were elected as directors of the Company by a majority of the votes cast by the shareholders or represented by proxy at its hybrid annual meeting of shareholders held on April 30, 2025 in Montréal. Gildan also notes that a majority of the votes cast by shareholders were in favour of the non-binding advisory vote on Executive Compensation (“Say on Pay”) and the reappointment of its auditors.

GIL's first-quarter results reflect strong Activewear growth, solid margins and steady earnings, driven by its GSG strategy despite macro headwinds.

Gildan Activewear Inc., a Canadian apparel firm, has shown mixed financial results as of late, though recent growth has been positive. Despite solid results, economic uncertainty and its valuation lead me to rate Gildan Activewear as a "Hold" rather than a "Buy." The company's revenue growth is driven by activewear, but profitability is hindered by rising debt and suboptimal capital allocation towards share buybacks.

Gildan Activewear, Inc. (NYSE:GIL ) Q1 2025 Earnings Conference Call May 00, 2025 5:00 PM ET Company Participants Jessy Hayem - CFA, Senior Vice President, Head of Investor Relations and Global Communications Glenn Chamandy - President and Chief Executive Officer Luca Barile - Executive Vice President, Chief Financial Officer Chuck Ward - Executive Vice President, Chief Operating Officer Conference Call Participants Paul Lejuez - Citigroup Brian Morrison - TD Cowen Chris Lee - Desjardins Luke Hannan - Canaccord Genuity Stephen MacLeod - BMO Capital Markets Paul Kearney - Barclays Vishal Shreedhar - National Bank Martin Landry - Stifel Mark Petrie - CIBC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gildan Activewear's 2025 Q1 Earnings Conference Call. Please be advised that today's conference is being recorded.

Gildan Activewear (GIL) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.59 per share a year ago.

MONTREAL, April 29, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the first quarter ended March 30, 2025 and maintained its 2025 guidance.

GIL's first-quarter 2025 results are likely to reflect gains from brand strength, product innovation and strategic initiatives.

MONTREAL, April 16, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its first quarter 2025 financial and operating results on Tuesday, April 29, 2025. A press release will be issued after markets close, and a conference call is scheduled on that same day at 5:00 PM 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 4627819#. A replay will be available for 7 days starting at 8:00 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 Q1 2025 audio webcast.

Investors interested in Textile - Apparel stocks are likely familiar with Gildan Activewear (GIL) and Lululemon (LULU). But which of these two companies is the best option for those looking for undervalued stocks?