Core Viewpoint - Gildan Activewear Inc. is set to release its fourth-quarter 2024 results, with expectations of revenue growth and stable earnings per share, driven by strategic initiatives and market demand [1][3][5]. Group 1: Financial Expectations - The Zacks Consensus Estimate for revenues is $793.5 million, reflecting a 1.4% increase from the previous year [1]. - The consensus estimate for earnings per share is stable at 80 cents, indicating a 6.7% increase from the year-ago period [1]. - Gildan has a trailing four-quarter earnings surprise average of 5.4% [1]. Group 2: Strategic Initiatives - Gildan's Sustainable Growth Strategy focuses on capacity expansion, innovation, and ESG initiatives, which are expected to enhance competitive strength and profitability [3]. - The new manufacturing complex in Bangladesh is projected to reach a 75% exit capacity rate by year-end, improving supply chain efficiencies [4]. - Ongoing modernization of yarn operations in the U.S. is driving operational improvements, likely benefiting the upcoming quarter [4]. Group 3: Market Dynamics - The company is expected to benefit from lower raw material and manufacturing input costs, which should enhance margins [5]. - The Activewear segment is gaining momentum due to market share expansion and strong demand for new soft cotton technology products [5]. - Increased international sales, particularly in Europe, are anticipated to positively impact revenue, driven by inventory replenishment and improved distribution capabilities [5]. Group 4: Management Outlook - Management has refined its outlook, expecting low-single-digit revenue growth, with mid-single-digit growth anticipated when excluding the impact of the Under Armour sock license expiration [6]. - Adjusted operating margin is projected to be slightly above 21%, with positive POS trends expected to continue through the final quarter [6]. Group 5: Stock Performance and Valuation - Gildan's stock has increased by 47.1% over the past year, outperforming the broader industry decline of 2.9% and the Consumer Discretionary sector's growth of 15.7% [8]. - The stock is trading at a forward 12-month price-to-earnings ratio of 14.81x, below its five-year high of 15.82x and the industry's average of 22.45x, indicating attractive valuation for investors [10].

Core Insights - Gildan Activewear (GIL) is currently more attractive to value investors compared to Kontoor Brands (KTB) based on various financial metrics and rankings [1][3][7] Valuation Metrics - GIL has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision trend compared to KTB, which has a Zacks Rank of 3 (Hold) [3] - GIL's forward P/E ratio is 15.52, while KTB's forward P/E ratio is 16.73, suggesting GIL is relatively undervalued [5] - The PEG ratio for GIL is 1.72, compared to KTB's PEG ratio of 2.09, indicating GIL's expected earnings growth is more favorable relative to its valuation [5] - GIL's P/B ratio is 5.18, significantly lower than KTB's P/B ratio of 13.63, further supporting GIL's valuation attractiveness [6] Value Grades - GIL has a Value grade of B, while KTB has a Value grade of C, reflecting GIL's stronger overall valuation metrics [6]

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 day ...

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 day ...

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 r ...

Gildan's Product Innovations and Brand Updates - Gildan is showcasing its latest styles and product innovations at the Impressions Expo Long Beach, featuring brands like Gildan, Comfort Colors, American Apparel, and Champion [1] - The company is introducing Plasma Print Technology to enhance direct-to-garment printing, offering softer fabrics, brighter colors, and improved print consistency [2] - New styles include additions to the Light Cotton™, Gildan Hammer Maxweight, and Softstyle™ Midweight Fleece collections, reinforcing Gildan's position as a preferred choice for decorators [3] Comfort Colors' 50th Anniversary and New Offerings - Comfort Colors is celebrating 50 years with new colors in best-selling styles 3023CL and 6030, as well as new youth styles 1467Y and 1745Y [4] - The brand is also introducing a cozy Fleece Dorm Blanket and previewing its 2026 collection with fresh silhouettes for women [5] - Comfort Colors continues to emphasize its Pigment Pure™ dyeing and reactive hues, inspired by nature [5] American Apparel's New Collections and Brand Identity - American Apparel is launching new colors in its iconic 2001 and 2001CVC styles, along with a Super Heavyweight collection featuring a street-style oversized fit [6] - The brand is also featuring its recently launched Logo collection, available exclusively on Amazon, reaffirming its dedication to blending apparel with pop culture [7] Champion's Bold and Stylish Collection - Gildan, through its licensing agreement with Authentic Brands Group, is presenting Champion's athletic apparel collection, including styles like S450, S600, and S700, embodying individuality and uniqueness [8] Gildan's Market Presence and ESG Commitment - Gildan is a leading manufacturer of everyday basic apparel, with products sold in North America, Europe, Asia Pacific, and Latin America under brands like Gildan, American Apparel, Comfort Colors, and Champion [9] - The company operates vertically integrated manufacturing facilities in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to ESG practices [10]

ESG Performance and Recognition - Gildan Activewear Inc has been included in the Dow Jones Sustainability™ North America Index (DJSI North America) for the 12th consecutive year, marking its leadership in sustainability [1] - The company ranks in the 98th percentile of the Textiles, Apparel, and Luxury Goods industry out of 189 companies assessed, making it the only apparel manufacturing company included in the DJSI North America [1] - The DJSI North America represents the top 20% of the largest 600 North American companies in the S&P Global Broad Market Index that lead in sustainability [2] ESG Strategy and Commitment - Gildan's ESG strategy is an integral part of its long-term business strategy, with a two-decade-long commitment to sustainability [2] - The company's Next Generation ESG strategy is rooted in the Gildan Sustainable Growth strategy, aiming to create a more sustainable future for the company, its people, communities, and the environment [2] - Gildan operates with industry-leading labor, environmental, and governance practices throughout its supply chain, embedded in its comprehensive ESG program [6] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, sold to wholesale distributors, screenprinters, retailers, and global lifestyle brand companies [4] - The company markets its products in North America, Europe, Asia Pacific, and Latin America under brands such as Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds [5] - Gildan owns and operates vertically integrated, large-scale manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [6]

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Gildan Activewear (GIL) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Gildan Activewear is a member of the Consumer Discretionary sector. This group includes 272 individual stocks and currently holds a Zacks Sect ...

Shares of Gildan Activewear Inc. (GIL) have been on a strong upward trajectory, hovering near its 52-week high of $50.60, achieved on Monday. This surge in stock price is a reflection of the company's exceptional performance, fueled by the successful execution of its three strategic pillars: capacity expansion, innovation, and environmental, social and governance (ESG) initiatives.The recent rally follows Gildan’s impressive third-quarter fiscal 2024 earnings report on Oct. 31, when the company last hit thi ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Gildan Activewear (GIL) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Gildan Activewear is a member of the Consumer Discretionary sector. This group includes 273 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank considers 16 different sector groups. The averag ...