Gildan Activewear Inc. manufactures and sells various apparel products in the United States, Canada, and internationally. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sport shirts under the Gildan, Gildan Performance, Gildan Hammer, Comfort Colors, American Apparel, Anvil by Gildan, Alstyle, Prim + Preux, and GoldToe brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks, as well as sheer panty hoses, tights, and leggings under the brands of Gildan, Under Armour, GoldToe, PowerSox, GT a GoldToe Brand, Silver Toe, Signature Gold by Goldtoe, Peds, MediPeds, Kushyfoot, Therapy Plus, All Pro, Secret, Silks, Secret Silky, and American Apparel. In addition, it provides men's and boys' underwear products, and ladies panties under the Gildan and Gildan Platinum brand names; and ladies' shapewear, intimates, and accessories under the Secret and Secret Silky brands. The company sells its products to wholesale distributors, screen printers, or embellishers, as well as to retailers and consumer brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada.
IPO Year: 2000
Exchange: NYSE
Website: gildancorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/10/2025 | $50.00 → $60.00 | Neutral → Buy | UBS |
| 8/2/2024 | Hold → Buy | Stifel | |
| 1/5/2024 | Buy → Neutral | UBS | |
| 12/7/2023 | Buy → Hold | Edward Jones | |
| 8/4/2023 | $36.00 → $38.00 | Hold → Buy | TD Securities |
| 5/2/2023 | $38.00 | Buy | Stifel |
| 1/23/2023 | Buy → Hold | TD Securities | |
| 11/5/2021 | $41.00 → $43.00 | Buy → Hold | Stifel |
| 11/5/2021 | Buy → Hold | Stifel | |
| 11/5/2021 | $43.00 → $45.00 | Outperform | RBC Capital |
Chuck Ward, currently President, Sales, Marketing and Distribution, appointed EVP, Chief Operating OfficerRhodri J. Harries, EVP, Chief Financial and Administrative Officer, to retire on January 1, 2026Luca Barile, currently CFO, Sales, Marketing and Distribution, to succeed as EVP, Chief Financial Officer 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: Chuck Ward, currently President, Sales, Ma
(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 Record fourth quarter net sales of $822 million, up 5% vs. the prior yearFourth quarter operating margin of 21.8%, adjusted operating margin1 of 21.3%Fourth quarter GAAP diluted EPS of $0.86 and record fourth quarter adjusted diluted EPS1 of $0.83Cash flow from operations of $211 million in Q4 and $501 million for the full year; free cash flow1 of $208 million in Q4 and $389 million for the full yearCapital returned to shareholders of $246 million in Q4 and $889 million for the full year, through dividends and share repu
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 wel
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. "At Gildan, we believe in making apparel responsibly and supporting the communities in countries where we operate," said Chuck Ward, President, Sales, Marketing and Distribution at Gildan. "Our hearts go out to everyone, who ha
CHRIST CHURCH, Barbados, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Gildan, a leading apparel manufacturer of quality, affordable basics, comfortable styles and iconic apparel, is pleased to showcase the latest styles and product innovations from its portfolio of brands – Gildan®, Comfort Colors®, American Apparel®, and its most recent addition under an exclusive licensing agreement for the printwear channel, Champion® – at the Impressions Expo Long Beach in California. The brands will be onsite at the three-day expo to feature the newest innovations, showcase recently launched collections, host interactive booth displays with live printing and giveaways and provide an exclusive sneak peek into 2
MONTREAL, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") is pleased to share that it has been included in the Dow Jones Sustainability™ North America Index (DJSI North America)1, one of the world's leading ESG performance rankings for publicly traded companies. This marks the 12th consecutive year the Company has been included in the Dow Jones Sustainability Index. The results highlight that Gildan continues to be a sustainability leader, ranking in the 98th percentile of the Textiles, Apparel, and Luxury Goods industry2 out of 189 companies assessed in this industry. Gildan was the only apparel manufacturing company included in
Credit: Image courtesy of NYSE Group. NYSE does not recommend or endorse any investments, investment strategies, companies, products or services MONTREAL, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) announced today that its President and CEO, Glenn J. Chamandy, rang the Opening Bell® on the New York Stock Exchange (NYSE) to mark the Company's 40th anniversary as well as its 25th anniversary of being listed on the NYSE. He was joined on the podium by members of the Company's senior leadership team, as well as Michael Kneeland, Chairman of the Board, and Mélanie Kau, Board member, Chair of the Corporate Governance and Social Responsibility committee. Gildan
MONTREAL, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") announced today that it has priced an inaugural offering of C$700 million aggregate principal amount of senior unsecured notes in two series (the "Notes"), consisting of C$500 million aggregate principal amount of 4.362% senior unsecured notes, Series 1, due 2029 (the "2029 Notes") and C$200 million aggregate principal amount of 4.711% senior unsecured notes, Series 2, due 2031 (the "2031 Notes"). The 2029 Notes will be issued at par and bear interest at a rate of 4.362% per annum, payable semi-annually until maturity on May 22 and November 22 of each year, commencing on May
(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 Record third quarter net sales of $891 million, up 2.4% vs. the prior yearOperating margin of 21.7%, adjusted operating margin1 of 22.4%GAAP diluted EPS of $0.82 and record third quarter adjusted diluted EPS1 of $0.85Cash flow from operations of $178 million and free cash flow1 of $149 millionRecord quarterly return of $404 million to shareholders through dividends and share repurchasesCompany updates its full year 2024 guidance MONTREAL, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE)
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,
MONTRÉAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") today announced that the eight director nominees, being all of the existing directors of the Company following the resignation on May 23, 2024 of the prior members of the board of directors, were elected as directors of the Company for the ensuing year by an overwhelming majority of the votes cast by shareholders, in-person, and by proxy, at its annual meeting of shareholders held on May 28, 2024 in Montréal. As a result of the prior directors having all resigned in advance of the annual meeting and their decision not to present themselves for election, only eight director nomi
Thanks Shareholders for Their Overwhelming Vote in Favor of Browning West's Slate, Which Provides a Rare Mandate for the Replacement of Gildan's Entire Board of Directors Pleased That the Transition of Power at Gildan Has Commenced to Ensure Glenn Chamandy is Reinstated as CEO and Michael Kneeland is Appointed as Chair of the Board of Directors Browning West, Glenn Chamandy, and Michael Kneeland Reiterate the Slate's Commitment to Restore Stability to Gildan and Create Long-Term Value for All Company Stakeholders Browning West, LP (together with its affiliates, "Browning West" or "we"), which is a long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "C
Both Leading Proxy Advisory Firms Have Recommended Gildan Shareholders Vote "FOR" All Eight of Browning West's Nominees and WITHHOLD Support for the Board's Entire 10-Member Slate, Including Chair Tim Hodgson and Current CEO Vince Tyra Glass Lewis Concludes That the Incumbent Board Made a "Poorly Reasoned Decision to Remove a Sitting CEO With a Favorable Track Record" Glass Lewis Determines Browning West's Eight Strong Director Candidates Have "a More Compelling Path Forward for the Company" Shareholders Are Encouraged to Vote "FOR" Browning West's Entire Eight-Member Slate on the GOLD Proxy Card and WITHHOLD Support for the Company's Nominees Ahead of the May 28th Annual Meeting Br
- Board Urges Shareholders to Vote "FOR" ALL Gildan's Qualified and Experienced Director Nominees and Karen Stuckey and J.P. Towner on the BLUE Proxy Card MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that its Board of Directors has issued a letter to shareholders in connection with its upcoming 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting") to be held on May 28, 2024. At the 2024 Annual Meeting, activist investor Browning West is seeking to replace eight of Gildan's highly qualified directors with its own candidates, including its own Co-Founder, Peter Lee, and reinstall Glenn Chamandy, as CEO of the Company. Gilda
Gratified That Board Leadership, Including the Chairman and Every Committee Chair, Has Seemingly Acknowledged Their Many Failures by Resigning En Masse Question Why the Board Has Gone to Such Lengths to Allow Vince Tyra to Remain CEO Despite His Track Record of Value Destruction and Amid Unprecedented Shareholder Calls to Reinstate Glenn Chamandy Remind Shareholders That Electing the Full Browning West Slate is the Only Clear Path to Reinstating Glenn Chamandy as CEO to Generate Outstanding Shareholder Returns Browning West, LP (together with its affiliates, "Browning West" or "we"), which is a long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Comp
Browning West, LP (together with its affiliates, "Browning West" or "we"), which is a long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company") and beneficially owns approximately 5.0% of the Company's outstanding shares, today issued the below statement regarding the Company's apparent decision to leak a meritless letter it sent to a U.S. regulator to a Canadian news outlet. "It is unfortunate that the Board is acting in a desperate, erratic manner now that its apparent failures of diligence and judgement during last year's CEO search process have been validated. Rather than use an error-ridden regulatory letter to spur a shameless publicity stunt i
Announces Expansion of Slate to Eight Highly Qualified Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry and Governance Experience Informs Shareholders That Browning West Has Requested the Special Meeting Be Held Without Delay Urges Gildan's Board to Respect the Will of Shareholders and Not Employ Tactics to Unreasonably Delay Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares.
Special Meeting Would Empower Shareholders to Improve Gildan's Board by Voting to Replace Five Incumbent Directors Replacement Slate Includes Five High Quality Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry Experience Urges Gildan's Board to Refrain From Taking Actions to Entrench Itself or Delay the Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares. Today, Browning West i
MONTREAL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- The Chairman of the Board of Directors of Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or "the Company") and the Board's Committee Chairs today issued an open letter to shareholders. Dear Fellow Gildan Shareholders: We are writing to you today to clarify the record as to why the directors of Gildan recently came to the unanimous decision to remove Glenn Chamandy as chief executive officer and to outline the path forward under our new CEO Vince Tyra. We give Mr. Chamandy all the credit he rightly deserves for co-founding Gildan Activewear and respect that he built it into a successful public company. Throughout much of his 2
MONTREAL, Dec. 18, 2023 /PRNewswire/ - Glenn J. Chamandy, former President and CEO and co-founder of Gildan Activewear Inc. (TSX:GIL) (NYSE:GIL) ("Gildan" or the "Company"), today issued the following statement: Contrary to media reports, I gave no ultimatum to Gildan's board with respect to any strategy or potential acquisitions. This is a sideshow to distract from the reaction the shareholders have had with respect to the board's handling of succession planning, in which I was not involved. I did not and could not orchestrate or control the events; the board conducted the process. I do believe, it is essential that a leadership transition be conducted in a manner consistent with Gildan's
UBS upgraded Gildan Activewear from Neutral to Buy and set a new price target of $60.00 from $50.00 previously
Stifel upgraded Gildan Activewear from Hold to Buy
UBS downgraded Gildan Activewear from Buy to Neutral
Edward Jones downgraded Gildan Activewear from Buy to Hold
TD Securities upgraded Gildan Activewear from Hold to Buy and set a new price target of $38.00 from $36.00 previously
Stifel initiated coverage of Gildan Activewear with a rating of Buy and set a new price target of $38.00
TD Securities downgraded Gildan Activewear from Buy to Hold
Stifel downgraded Gildan Activewear from Buy to Hold and set a new price target of $43.00 from $41.00 previously
Stifel downgraded Gildan Activewear from Buy to Hold
RBC Capital reiterated coverage of Gildan Activewear with a rating of Outperform and set a new price target of $45.00 from $43.00 previously
SC 13D/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13G/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13G/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13D/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13D/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13D/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13D/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13D/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13D/A - Gildan Activewear Inc. (0001061894) (Subject)
SC 13G - Gildan Activewear Inc. (0001061894) (Subject)
6-K - Gildan Activewear Inc. (0001061894) (Filer)
40-F - Gildan Activewear Inc. (0001061894) (Filer)
6-K - Gildan Activewear Inc. (0001061894) (Filer)
SCHEDULE 13G/A - Gildan Activewear Inc. (0001061894) (Subject)
6-K - Gildan Activewear Inc. (0001061894) (Filer)
6-K - Gildan Activewear Inc. (0001061894) (Filer)
6-K - Gildan Activewear Inc. (0001061894) (Filer)
6-K - Gildan Activewear Inc. (0001061894) (Filer)
SCHEDULE 13G - Gildan Activewear Inc. (0001061894) (Subject)
6-K - Gildan Activewear Inc. (0001061894) (Filer)
Chuck Ward, currently President, Sales, Marketing and Distribution, appointed EVP, Chief Operating OfficerRhodri J. Harries, EVP, Chief Financial and Administrative Officer, to retire on January 1, 2026Luca Barile, currently CFO, Sales, Marketing and Distribution, to succeed as EVP, Chief Financial Officer 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: Chuck Ward, currently President, Sales, Ma
(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 Record fourth quarter net sales of $822 million, up 5% vs. the prior yearFourth quarter operating margin of 21.8%, adjusted operating margin1 of 21.3%Fourth quarter GAAP diluted EPS of $0.86 and record fourth quarter adjusted diluted EPS1 of $0.83Cash flow from operations of $211 million in Q4 and $501 million for the full year; free cash flow1 of $208 million in Q4 and $389 million for the full yearCapital returned to shareholders of $246 million in Q4 and $889 million for the full year, through dividends and share repu
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 wel
(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 Record third quarter net sales of $891 million, up 2.4% vs. the prior yearOperating margin of 21.7%, adjusted operating margin1 of 22.4%GAAP diluted EPS of $0.82 and record third quarter adjusted diluted EPS1 of $0.85Cash flow from operations of $178 million and free cash flow1 of $149 millionRecord quarterly return of $404 million to shareholders through dividends and share repurchasesCompany updates its full year 2024 guidance MONTREAL, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE)
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,
(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 $862 millionOperating margin of 16.4%, adjusted operating margin1 of 22.7%GAAP diluted EPS of $0.35 and adjusted diluted EPS1 of $0.74Cash flow from operations of $140 million and free cash flow1 of $104 millionCapital returned to shareholders of $182 million during the quarter through dividends and share repurchasesCompany announces a Normal Course Issuer Bid to repurchase up to 10% of the Company's public floatCompany reconfirms its full year 2024 guidance and provides three-year outlookGildan recogniz
MONTREAL, July 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 second quarter results on Thursday, August 1st, 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 5492469#. 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, w
MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) is committed to returning capital to shareholders via share buybacks and dividends as a key element of its capital allocation program. As previously indicated, the Company planned on resuming share repurchases following the Annual General Meeting of shareholders which occurred on May 28, 2024. Consequently, Gildan's newly reconstituted Board of Directors has now approved the resumption of share repurchases and an amended normal course issuer bid (NCIB). "Given our continued execution of the Gildan Sustainable Growth strategy, our expected strong free cash flow and the strength of our balance sheet, w
(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: TSX and NYSE) today announced results for the first quarter ended March 31, 2024. Fiscal 2024 guidance was reconfirmed as communicated on April 15, 2024. "Our solid first quarter pe
MONTREAL, April 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or "the Company") will report its 2024 first quarter results on Wednesday, May 1st, 2024. 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 9371601 #. 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