MONTREAL, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) announces today that Glenn J. Chamandy, President & Chief Executive Officer and Rhodri J. Harries, Executive Vice-President, Chief Financial and Administrative Officer will participate in a fireside chat and one-on-one meetings with investors at the 28th Annual Scotiabank Back to School Conference in Toronto on Wednesday, September 18, 2024. About GildanGildan is a leading manufacturer of everyday basic apparel. The Comp ...

Fadyukhin/E+ via Getty Images Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL:CA) stock is awarded a Buy rating. GIL's second quarter bottom line expanded significantly by +17.5% YoY, which was equivalent to a +2.3% beat. The stock is undervalued based on an assessment of its forward P/E multiple and its intermediate term earnings outlook. I wrote about Gildan Activewear's operating profitability outlook in my prior November 19, 2023 write-up. This update evaluates GIL's financial performance for the second ...

财务数据和关键指标变化 - 公司Q2营收为8.62亿美元,同比增长3%,达到指引范围的高端 [17] - 如果剔除Under Armour业务的影响,Q2营收同比增长中个位数 [17] - 活动服装业务营收增长6%,主要受益于各渠道和地区的良好销售表现以及有利的产品组合 [18] - 袜子和内衣业务营收下降16%,主要由于Under Armour业务的退出以及该领域整体市场疲软 [20] 各条业务线数据和关键指标变化 - 活动服装业务表现强劲,销售增长6%,主要受益于各渠道和地区的良好销售表现以及有利的产品组合 [18] - 袜子和内衣业务受Under Armour业务退出和整体市场疲软影响,营收下降16% [20] - 如果剔除Under Armour业务影响,袜子和内衣业务营收同比增长中个位数 [20] 各个市场数据和关键指标变化 - 国际市场Q2销售增长7% [20] - 北美地区分销商提前采购羊毛衫备货,带动该品类销售强劲 [18] 公司战略和发展方向及行业竞争 - 公司正在执行可持续增长战略的三大支柱:产能增长、创新和ESG [12][31] - 孟加拉国新工厂正按计划加快产能爬坡,预计今年底将达到75%的目标产能 [12][31] - 公司在创新方面取得进展,如推出了新的柔软棉技术,获得市场积极反响 [13][19] - 公司在ESG方面持续取得进展,发布了第20份ESG报告,并获得多项荣誉 [33][34][35] - 公司认为行业竞争格局疲弱,如Delta已申请破产保护,为公司提供了良好的市场机会 [54][57] 管理层对经营环境和未来前景的评论 - 尽管宏观经济环境仍存在不确定性,但公司有信心继续执行增长战略,维持此前提供的2024年指引 [36][46] - 公司预计2024年全年收入增长将在0%至低个位数区间,如剔除Under Armour业务影响则为低至中个位数 [37][38] - 公司预计2024年全年调整后营业利润率将略高于18%-20%的目标区间 [38][39] - 公司预计2024年调整后每股收益将增长13.5%-18.5% [40] - 公司预计未来3年(2025-2027年)收入复合年增长率将达到中个位数,调整后每股收益复合年增长率将达到中个位数 [44][45] 其他重要信息 - 公司宣布启动新的10%股票回购计划,并计划在下半年继续回购股票 [29][41] - 公司将在1.5-2.5倍的净负债/调整后EBITDA区间内进行股票回购 [41][45] - 公司表示内部团队士气高涨,管理层和员工的动力和积极性都有所提升 [89][90] 问答环节重要的提问和回答 问题1 **Paul Lejuez 提问** 询问公司各产品线的销售表现及未来展望 [53] **Glenn Chamandy 和 Chuck Ward 回答** - 公司在时尚T恤和羊毛衫等重点品类持续增加市场份额 [54][55] - 公司在羊毛衫和环锭纱产品方面表现出色,市场份额持续提升 [55][61] - 公司基础款产品销售在Q2首次实现正增长,得益于新技术的推出 [93] 问题2 **Mark Petrie 提问** 询问公司产品库存水平及其对未来的影响 [62] **Chuck Ward 回答** - 整体来看,公司产品库存处于平衡状态,部分渠道可能略有偏高或偏低 [63] - 孟加拉国产能爬坡将有助于改善国际市场的库存状况 [63] 问题3 **Brian Morrison 提问** 询问孟加拉国工厂的产能利用率及未来扩张计划 [65] **Glenn Chamandy 回答** - 孟加拉国工厂产能爬坡按计划进行,预计今年底将达到75%的目标产能 [66] - 公司整体制造系统还有进一步优化的空间,如完成纱线现代化计划等 [66] - 公司正在评估孟加拉国二期扩建项目,未来3年的资本开支预算中将包含该项目 [66]

Gildan Activewear (GIL) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.78%. A quarter ago, it was expected that this apparel maker would post earnings of $0.52 per share when it actually produced earnings of $0.59, delivering a surprise of 13.46%.Over the last four quarters, the co ...

  (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   Net sales of $862 millionOperating margin of 16.4%, adjusted operating margin1 of 22.7%GAAP diluted EPS of $0.35 and adjusted diluted EPS1 of $0.74Cash flow from operations of $140 million and free cash flow1 of $104 millionCapital returned to shareholders of $182 million during the quarter through dividends and share repurchasesComp ...

  (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   Net sales of $862 millionOperating margin of 16.4%, adjusted operating margin1 of 22.7%GAAP diluted EPS of $0.35 and adjusted diluted EPS1 of $0.74Cash flow from operations of $140 million and free cash flow1 of $104 millionCapital returned to shareholders of $182 million during the quarter through dividends and share repurchasesComp ...

文章核心观点 - 公司预计在2024年第二季度报告中将实现收入和利润增长 [1][2] - 公司的业务模式和战略执行良好,有利于提升市场份额和盈利能力 [4][5] - 但公司面临着通胀压力和消费者需求疲软等不利因素 [6] 收入分析 - 公司收入预计同比增长1.4%,达到8.519亿美元 [1] - 公司利润预计同比增长12.7%,达到0.71美元/股 [2] - 公司过去4个季度的平均盈利超出预期5.6%,上季度超出13.5% [3] 利润分析 - 公司通过优化制造流程和实施成本控制措施来提升盈利能力 [5] - 但面临通胀压力和消费者需求疲软等不利因素 [6]

As Gildan Activewear Inc. (GIL) prepares to announce its second-quarter 2024 earnings on Aug 1 before market open, investors are keenly watching for insights into the company’s performance and strategic direction.Gildan Activewear’s focus on expanding its activewear segment is likely to have been a pivotal factor in the upcoming earnings report. The Zacks Consensus Estimate for second-quarter revenues stands at $851.9 million, which indicates an increase of 1.4% from the prior-year reported figure.The botto ...

MONTREAL, July 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 second quarter results on Thursday, August 1st, 2024. 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 5492469#. A replay will be available for 7 days starting at 12:3 ...

MONTREAL, July 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 second quarter results on Thursday, August 1st, 2024. 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 5492469#. A replay will be available for 7 days starting at 12:3 ...