GIL continues to grow strongly, supported by its Sustainable Growth Strategy, plans for expanding capacity, and new innovations.
Gildan (GIL) is likely to do better than the market because it shows stronger-than-average growth in its financial performance.
Gildan (GIL) has reached its highest point in 52 weeks, but can investors expect further increases? We will examine the company's fundamentals for insights.
Investors looking at Textile - Apparel stocks probably know about Gildan Activewear (GIL) and Kontoor Brands (KTB). However, which of these two stocks is more appealing for value investors?
Gildan Activewear Inc. had a successful quarter, showing strong growth, improved profit margins, and increased market share, especially in premium T-shirts and international markets. The company benefits from lower costs in Bangladesh and is expanding its presence in mass-market retailers, although it does face some risks due to reliance on a few distributors. Despite Gildan's solid results and plans, the stock's current price-to-earnings ratio of 15.5 is considered high, which raises some concerns.
Gildan Activewear's results for the fourth quarter show an increase in both sales and profits. The adjusted gross margin has risen compared to last year because of reduced costs for raw materials.
Gildan Activewear, Inc. (NYSE:GIL) will hold its Q4 2024 Earnings Conference Call on February 19, 2025, at 8:30 AM ET. The call will feature company leaders including Jessy Hayem, Glenn Chamandy, Rhodri Harries, and Chuck Ward, along with participants from various financial institutions. Please note that this conference is being recorded.
GIL's results for the fourth quarter are expected to benefit from their Sustainable Growth Strategy, which is backed by better point-of-sale trends, increased profit margins, and targeted growth plans.
Investors looking at Textile - Apparel stocks probably know about Gildan Activewear (GIL) and Kontoor Brands (KTB). However, which of these two stocks is more appealing for value investors?
MONTREAL, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will announce its fourth quarter and full year results for 2024 on Wednesday, February 19th, 2025. A press release will be shared before the market opens, and a conference call will take place that day at 8:30 AM ET to discuss the results. To join the call, dial (800) 715-9871 for Canada and the U.S. or (646) 307-1963 for international calls, using passcode 3105768#.