Gildan Activewear Inc. (TSX: GIL)

Canada flag Canada · Delayed Price · Currency is CAD
52.14
+1.09 (2.14%)
May 31, 2024, 4:00 PM EDT
40.84%
Market Cap 8.79B
Revenue (ttm) 4.35B
Net Income (ttm) 702.08M
Shares Out 168.59M
EPS (ttm) 4.04
PE Ratio 12.64
Forward PE 12.20
Dividend 0.78 (1.50%)
Ex-Dividend Date May 22, 2024
Volume 741,431
Open 50.96
Previous Close 51.05
Day's Range 50.59 - 52.20
52-Week Range 36.42 - 52.80
Beta 1.63
Analysts n/a
Price Target 57.04 (+9.4%)
Earnings Date Aug 1, 2024

About Gildan Activewear

Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, an... [Read more]

Founded 1946
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol GIL
Full Company Profile

Financial Performance

In 2023, GIL's revenue was $3.20 billion, a decrease of -1.38% compared to the previous year's $3.24 billion. Earnings were $533.58 million, a decrease of -1.47%.

Financial numbers in USD Financial Statements

News

Gildan Activewear Announces Increase of Normal Course Issuer Bid

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...

2 days ago - GlobeNewsWire

Activist Browning West Emerges as Kingmaker After Gildan Board Coup

Usman Nabi was certain from the beginning that it would end this way — with his firm seizing control of Gildan Activewear Inc. as the company’s directors headed for the exits.

2 days ago - Financial Post

Gildan Activewear Reports on Shareholders' Voting Results

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 ...

2 days ago - Benzinga

Gildan Activewear Reports on Shareholders' Voting Results

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 ...

2 days ago - GlobeNewsWire

GameStop, Box And 3 Stocks To Watch Heading Into Tuesday

With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Box, Inc . (NYSE: BOX) to report quarterly ea...

4 days ago - Benzinga

Gildan Names Glenn Chamandy as President and CEO

Gildan Activewear said Glenn Chamandy, the company’s former CEO, will return as CEO following the resignation Thursday evening of Vince Tyra, president and CEO, and the entire board of directors.

7 days ago - The Wall Street Journal

Gildan Activewear appoints Glenn Chamandy as president and CEO

Gildan Activewear (GIL:CA) on Friday said the Board of Directors has appointed Glenn Chamandy as President and Chief Executive Officer and Michael Kneeland as n

7 days ago - Seeking Alpha

Glenn Chamandy Appointed as President and CEO and Michael Kneeland to serve as Chair of the Board of Directors

MONTREAL, May 24, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that the Board of Directors has appointed Glenn J. Chamandy as Preside...

7 days ago - GlobeNewsWire

Gildan Activewear shares climb after board resigns, ousted CEO returns

Gildan's board has been clashing with Browning West and seven other investors that own a total of 35% stake in the company following the ouster of co-founder Chamandy in December.

7 days ago - New York Post

Gildan Focus Now Turns to Growth With New Board, Former CEO's Expected Reinstatement

The focus, analysts say, now turns to the Canadian clothing maker's ability to bring growth back from a period of stagnating demand and lift the stock out of its slump.

7 days ago - WSJ

Gildan's board abruptly resigns ahead of annual meeting, handing control to activist

The entire board of Gildan Activewear is resigning in favor of activist Browning West's eight nominees, a win for ousted founder Glenn Chamandy days ahead of the company's annual meeting. Gildan is a ...

8 days ago - CNBC

Canadian apparel maker Gildan's board resigns, ex-CEO Chamandy returns

Canadian apparel maker Gildan Activewear said on Thursday its board of directors has resigned and its CEO Vince Tyra has stepped down to be replaced by former top boss Glenn Chamandy.

8 days ago - Reuters

Gildan Board, CEO Resign After Fund Wins Proxy Fight

Vince Tyra has stepped down as CEO of Gildan Activewear and the Canadian clothing maker’s outgoing directors have appointed nominees of Browning West to the board of directors.

8 days ago - The Wall Street Journal

Browning West Announces Successful Replacement of Gildan Activewear's Entire Board of Directors with Full Eight-Member Slate

LOS ANGELES--(BUSINESS WIRE)--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 ...

8 days ago - Business Wire

Gildan Board of Directors Resigns

MONTREAL, May 23, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announced that the full Board of Directors has resigned, and Vince Tyra has step...

8 days ago - GlobeNewsWire

Glass Lewis opposes Gildan Activewear board

Gildan Activewear (GIL) faces opposition from Glass Lewis. Read more here.

11 days ago - Seeking Alpha

Glass Lewis Joins ISS in Recommending Gildan Activewear Shareholders Vote “FOR” ALL EIGHT of Browning West's Director Candidates, Including Former CEO Glenn Chamandy

LOS ANGELES--(BUSINESS WIRE)--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 ...

11 days ago - Business Wire

ISS endorses Browning West nominees for Gildan Activewear board

Gildan Activewear (GIL) dealt blow in attempts to keep board, CEO as proxy advisory firm ISS endorses Browning West nominees and Chamandy as CEO. Read more here.

14 days ago - Seeking Alpha

ISS Recommends Gildan Activewear Shareholders Vote the GOLD Proxy Card “FOR” ALL EIGHT of Browning West's Director Candidates, Including Former CEO Glenn Chamandy

LOS ANGELES--(BUSINESS WIRE)--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 ...

14 days ago - Business Wire

Gildan Activewear Publishes Investor Presentation Highlighting Critical Reasons to Vote for Its Director Nominees at Upcoming Annual Meeting

MONTREAL, May 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has published an investor presentation, entitled “New, Focused CEO and Refreshed Board Del...

14 days ago - GlobeNewsWire

Browning West Announces the Dismissal of All Frivolous Lawsuits Brought by Gildan Activewear's Board Ahead of Upcoming Annual Meeting

LOS ANGELES--(BUSINESS WIRE)--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 ...

15 days ago - Business Wire

Gildan Activewear Board of Directors Issues Letter to Shareholders

- 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

16 days ago - GlobeNewsWire

Browning West Releases Presentation Detailing Why Voting FOR All Eight of Browning West’s Nominees Is the Superior Path Forward for Gildan Activewear Shareholders

Presentation Details the Urgent Need for an Upgrade in Leadership and Browning West Slate’s Five-Pillar Plan to Supercharge Returns for Gildan Shareholders Visit www.SuperchargeGildan.com to Download ...

18 days ago - Financial Post