Have you been paying attention to shares of Gildan Activewear (GIL) ? Shares have been on the move with the stock up 2% over the past month. The stock hit a new 52-week high of $50.6 in the previous session. Gildan Activewear has gained 51.6% since the start of the year compared to the 15.6% move for the Zacks Consumer Discretionary sector and the -9.3% return for the Zacks Textile - Apparel industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it h ...

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 ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

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 ...

Gildan Activewear Inc. (NYSE: GIL ) released 3Q24 earnings , with MSD on its more important segment, and LSD growth aggregate (driven down by discontinued business). The company's margins continue to expand thanks to raw materials onLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, ...

Have you been paying attention to shares of Gildan Activewear (GIL) ? Shares have been on the move with the stock up 4.6% over the past month. The stock hit a new 52-week high of $49.64 in the previous session. Gildan Activewear has gained 47.9% since the start of the year compared to the 5.5% move for the Zacks Consumer Discretionary sector and the -18.4% return for the Zacks Textile - Apparel industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn ...

Gildan Activewear (NYSE:GIL) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Jessy Hayem - Vice President, Head of Investor Relations Glenn Chamandy - President and Chief Executive Officer Rhodri Harries - Executive Vice President and Chief Financial and Administrative Officer Chuck Ward - President, Sales, Marketing and Distribution Conference Call Participants Paul Lejuez - Citi Mark Petrie - CIBC Jay Sole - UBS Stephen MacLeod - BMO Martin Landry - Stifel Vishal Shreed ...

Gildan Activewear (GIL) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.19%. A quarter ago, it was expected that this apparel maker would post earnings of $0.72 per share when it actually produced earnings of $0.74, delivering a surprise of 2.78%.Over the last four quarters, the com ...

2024 Third Quarter Shareholder Report | --- | --- | |-----------------------------------------------------------------------|-------| | Contents | | | MD&A | | | 1.0 Preface | 2 | | 2.0 Caution regarding forward-looking statements | 2 | | 3.0 Our business | 4 | | 4.0 Strategy | 8 | | 5.0 Operating results | 9 | | 6.0 Financial condition | 19 | | 7.0 Cash flows | 21 | | 8.0 Liquidity and capital resources | 23 | | 9.0 Legal proceedings | 28 | | 10.0 Financial risk management | 28 | | 11.0 Critical accounting ...

  (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 t ...