Gildan Activewear Inc.
NYSE•GIL
CEO: Mr. Glenn J. Chamandy
Sector: Consumer Cyclical
Industry: Apparel - Manufacturers
Listing Date: 1998-06-19
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, and workwear socks under the Gildan, Under Armour, GoldToe, Signature Gold by Goldtoe, Peds, MediPeds, All Pro, and GoldTeo Edition TM brands. In addition, it provides men's and boys' underwear products, and ladies panties under the Gildan and Gildan Platinum brands. The company sells its products to wholesale distributors, screen printers, and embellishers, as well as to retailers and lifestyle 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.
Contact Information
600 de Maisonneuve Boulevard West, Suite 3300 33rd floor, Montreal, QC, H3A 3J2, Canada
514-735-2023
Market Cap
$8.74B
P/E (TTM)
18.7
23.9
Dividend Yield
1.5%
52W High
$62.56
52W Low
$37.16
52W Range
4.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$897.72M-0.08%
4-Quarter Trend
EPS
$0.80-2.44%
4-Quarter Trend
FCF
$203.11M+34.98%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Effective Internal Control Over Reporting Management concluded internal control over financial reporting was effective as of December 29, 2024, based on the COSO framework evaluation.
Strong Disclosure Controls Procedures Principal executive and financial officers confirmed disclosure controls and procedures were effective at the end of the reporting period.
Higher Audit Scope and Fees Aggregate Audit Fees increased 21.8% to Cdn $3.84M in 2024, reflecting expanded audit procedures and bond offering services.
Risk Factors
Inherent Control System Limitations Design of any control system is based on assumptions; no assurance that design will succeed under all potential future conditions.
Rising Audit and Compliance Costs Total Audit and Audit-Related fees increased significantly in 2024, with Audit-Related fees up 40.8% to Cdn $567.25K.
NYSE Equity Plan Compliance Gap Registrant complies with TSX rules, but equity compensation plans may not meet NYSE standards requiring full shareholder approval.
Outlook
Commitment to Governance Standards Registrant commits to adopting and adhering to corporate governance practices meeting or exceeding applicable Canadian and U.S. standards.
No Material Control Changes Expected No material changes in internal control over financial reporting occurred in 2024, suggesting stability moving forward into 2025.
Clawback Policy in Effect The company implemented a Clawback Policy, aligning executive compensation recovery with new SEC rules and regulatory requirements.
Peer Comparison
Revenue (TTM)
$27.92B
MGM$17.28B
$15.17B
Gross Margin (Latest Quarter)
LEVI61.7%
41.2%
41.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| DDS | $9.91B | 17.1 | 28.4% | 8.1% |
| VIPS | $9.75B | 10.1 | 17.6% | 9.9% |
| BWA | $9.68B | 72.4 | 2.3% | 28.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+3.0%
Moderate Growth
4Q Net Income CAGR
-3.5%
Stable Profitability
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Reports
All Years
Form 40-F - FY 2024
Period End: Dec 29, 2024|Filed: Feb 19, 2025|Revenue: $3.27B+2.3%|EPS: $2.46-18.8%MissForm 40-F - FY 2023
Period End: Dec 31, 2023|Filed: Feb 21, 2024|Revenue: $3.20B-1.4%|EPS: $3.03+7.4%BeatForm 40-F - FY 2022
Period End: Jan 1, 2023|Filed: Feb 23, 2023|Revenue: $3.24B+10.9%|EPS: $2.82-7.5%MissForm 40-F/A - FY 2021
Period End: Jan 2, 2022|Filed: Mar 8, 2022|Revenue: $2.92B+47.5%|EPS: $3.05+367.5%BeatForm 40-F - FY 2021
Period End: Jan 2, 2022|Filed: Feb 24, 2022|Refer to amended dataForm 40-F - FY 2020
Period End: Jan 3, 2021|Filed: Feb 26, 2021|Revenue: $1.98B-29.8%|EPS: $-1.14-187.7%Miss