Apparel Manufacturing
Search documents
Gildan Activewear (GIL) - 2025 Q4 - Earnings Call Transcript
2026-02-26 14:32
Gildan Activewear (NYSE:GIL) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsBrandon Cheatham - Vice President of Equity ResearchChester Ward - President, Sales, Marketing and DistributionChris Li - Managing Director of Equity ResearchGlenn Chamandy - President and CEOIan Liu - Equity Research AssociateJessy Hayem - Senior Vice President, Head of Investor Relations and Global CommunicationsLuca Barile - EVP and CFOStephen MacLeod - Managing Director of Equity ResearchConference Call ...
Gildan Activewear (GIL) - 2025 Q4 - Earnings Call Transcript
2026-02-26 14:32
Gildan Activewear (NYSE:GIL) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsBrandon Cheatham - Vice President of Equity ResearchChester Ward - President, Sales, Marketing and DistributionChris Li - Managing Director of Equity ResearchGlenn Chamandy - President and CEOIan Liu - Equity Research AssociateJessy Hayem - Senior Vice President, Head of Investor Relations and Global CommunicationsLuca Barile - EVP and CFOStephen MacLeod - Managing Director of Equity ResearchConference Call ...
Gildan Activewear (GIL) - 2025 Q4 - Earnings Call Transcript
2026-02-26 14:30
Gildan Activewear (NYSE:GIL) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Speaker10Ladies and gentlemen, thank you for standing by, and welcome to Gildan Activewear's 2025 Q4 earnings conference call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Jessy Hayem, the Senior Vice President, Head of Investor Relations and Global Communications. Please go ahead.Speaker7Thank you, Sarah. Good morning, everyone, and thank you for joining us. Earli ...
LAKE Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Lawsuit Against Lakeland Industries, Inc.
Prnewswire· 2026-02-26 14:00
LAKE Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Lawsuit Against Lakeland Industries, Inc. [Accessibility Statement] Skip NavigationSAN DIEGO, Feb. 26, 2026 /PRNewswire/ -- [Robbins LLP] reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Lakeland Industries, Inc. (NASDAQ: LAKE) securities between December 1, 2023 and December 9, 2025. Lakeland, together with its subsidiaries, manufactures and sells industrial protective ...
Gildan Reports Record Fourth Quarter Revenue and Adjusted Diluted EPS¹, Initiates Guidance for 2026, Provides Integration Update, Raises Targeted Run-Rate Synergies and Announces Plans to Build Bangladesh Phase 2
Globenewswire· 2026-02-26 11:30
Core Insights - Gildan Activewear Inc. reported record revenue of $3,619 million for 2025, marking an 11% increase year-over-year, driven by the acquisition of HanesBrands and strong performance in both Activewear and Innerwear categories [2][9] - The company expects to achieve approximately $250 million in annual run-rate cost synergies from the HanesBrands acquisition by the end of 2028, with $100 million anticipated in 2026 [2][19] - Gildan initiated annual guidance for 2026, projecting revenues from continuing operations to be between $6.0 billion and $6.2 billion, representing a year-over-year increase of approximately 65% to 70% [3][28] Financial Performance - In Q4 2025, net sales from continuing operations reached $1,078 million, a 31.3% increase compared to the previous year, including a one-month contribution from HanesBrands [3][41] - The adjusted operating margin for Q4 was 20.7%, while the GAAP diluted EPS from continuing operations was $0.32, down 62.8% year-over-year, but adjusted diluted EPS increased by 15.7% to $0.96 [3][8] - For the full year 2025, gross profit was $1,130 million, with a gross margin of 31.2%, reflecting a 50 basis point improvement year-over-year [10][41] Acquisition and Integration - The acquisition of HanesBrands was completed on December 1, 2025, significantly expanding Gildan's scale and brand portfolio [2][3] - The integration of HanesBrands is progressing ahead of plan, with various initiatives already activated to capture synergies [18][19] - The HanesBrands Australian business has been classified as held for sale, with a formal sale process initiated [16][17] Strategic Outlook - Gildan plans to construct a second textile facility in Bangladesh, expected to start production in late 2027, to enhance its cost leadership in ring spun and innerwear [20] - The company aims to optimize its operational footprint by closing two textile manufacturing facilities in early 2026, reallocating production volumes to strengthen its cost advantage [24] - Gildan's 2026 guidance includes an expected adjusted diluted EPS of $4.20 to $4.40, reflecting a 20% to 25% increase year-over-year [28]
MAS Holdings Shuts Sri Lankan Factory in ‘Strategic Pivot,’ Affecting 2,200 Workers
Yahoo Finance· 2026-02-25 21:35
MAS Holdings, South Asia’s largest apparel-tech manufacturer, is shuttering one of its Sri Lankan factories—affecting 2,200 workers—as it seeks to “strategically pivot” away from primarily cut-and-sew production toward expanded knitting, dyeing and finishing, the company told Sourcing Journal this week. The sprawling enterprise, which runs 53 manufacturing facilities across 17 countries, including its native Sri Lanka, plans to repurpose its Methliya plant in the Sabaragamuwa Province village of Thulhir ...
Friendshoring in Apparel: The New Strategy for Supply Chain Resilience
Yahoo Finance· 2026-02-25 15:05
How much would you pay for peace of mind? That’s the question many apparel brands are asking internally as geopolitical tension, trade disputes, pandemics and regional conflicts continuously chip away at their supply chain’s foundation. More from Sourcing Journal Many are considering “friendshoring” as a solution. While nearshoring primarily focuses on geography—reducing transit times, lowering transportation complexity, and placing production closer to the end market—friendshoring is rooted in trust, a ...
Pomerantz Law Firm Announces the Filing of a Class Action Against Lakeland Industries, Inc.and Certain Officers – LAKE
Globenewswire· 2026-02-24 21:08
NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lakeland Industries, Inc. (“Lakeland” or the “Company”) (NASDAQ: LAKE) and certain officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 26-cv-01501, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lakeland securities between December 1, 2023 ...
CreateMe’s Automated Apparel Production Goes Commercial with Untuckit
Yahoo Finance· 2026-02-19 14:44
Automated apparel manufacturing firm CreateMe Technologies is prepping for its platform’s retail debut through a strategic partnership with Untuckit. The direct-to-consumer label will be the first to sell apparel constructed using CreateMe’s digital bonding process, which swaps a needle and thread for adhesive that joins pieces of fabric together. Following years of development, CreateMe is now ready to release consumer-facing product to the market. More from Sourcing Journal “We’ve been working with ou ...
Why Lever Style’s Chairman is ‘Cautiously Optimistic’ About 2026
Yahoo Finance· 2026-02-18 21:06
Core Insights - The apparel industry faced significant challenges in 2025 due to reciprocal tariffs, marking it as the most difficult year since Covid, but Lever Style anticipates a return to growth driven by its activewear acquisition, asset-light model, and digitalization efforts [1] Financial Performance - Lever Style reported revenues of $200.2 million in 2025, a decrease of 10.2% compared to the previous year, ending a three-year streak of record profitability with net profits down 7.4% to $15.9 million [2] - The revenue impact was concentrated, with a $27.2 million decrease attributed to pulling back business from its top two clients to mitigate risk; without this impact, revenue would have grown by 2.7%, or $4.4 million [3] Client and Risk Management - One major client, Bonobos, entered Chapter 11 administration in 2024, prompting Lever Style to implement recovery methods and credit insurance to limit financial exposure; by 2025, concerns over Bonobos' credit led to a $9.1 million reduction in business [5] - Another unnamed client faced consistent payment delays, leading to a halt in new orders and an $18.1 million revenue drop compared to 2024 [5] Future Outlook - Looking ahead to 2026, Lever Style is adopting a conservative approach to credit risk management due to a rising trend of retail bankruptcies affecting brands and the supply chain; recent bankruptcies, such as Saks Global, are causing brands to write off receivables and deteriorate credit standings [6]