Gildan Activewear (GIL)
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Gildan Board of Directors Resigns
globenewswire.com· 2024-05-24 05:55
Vince Tyra has Stepped Down as President and CEO Sale Process has Ceased MONTREAL, May 23, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announced that the full Board of Directors has resigned, and Vince Tyra has stepped down as President and Chief Executive Officer, effective at the end of the day. The outgoing Board has appointed Browning West nominees to the Board of Directors, effective at that time. The outgoing Board has ceased discussions regard ...
GIL or KTB: Which Is the Better Value Stock Right Now?
zacks.com· 2024-05-22 00:40
Investors looking for stocks in the Textile - Apparel sector might want to consider either Gildan Activewear (GIL) or Kontoor Brands (KTB) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets compan ...
Gildan Activewear Publishes Investor Presentation Highlighting Critical Reasons to Vote for Its Director Nominees at Upcoming Annual Meeting
globenewswire.com· 2024-05-17 19:55
Board Urges Shareholders to Vote “FOR” ALL of Gildan’s Recommended Qualified and Experienced Director Nominees on the BLUE Proxy Card Vote Today! For questions or help with voting, call 1-888-518-6813 (toll free in North America), text or call 437-561-5012, email contactus@kingsdaleadvisors.com or visit www.futureofgildan.com MONTREAL, May 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has published an investor presentation, entitled “New, Focused CEO and Ref ...
Gildan Activewear Board of Directors Issues Letter to Shareholders
Newsfilter· 2024-05-15 19:30
- Board Urges Shareholders to Vote "FOR" ALL Gildan's Qualified and Experienced Director Nominees and Karen Stuckey and J.P. Towner on the BLUE Proxy Card MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that its Board of Directors has issued a letter to shareholders in connection with its upcoming 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting") to be held on May 28, 2024. At the 2024 Annual Meeting, activist investor Browning West is seek ...
Gildan Activewear Publishes Investor Presentation for 2024 Annual Meeting
Newsfilter· 2024-05-13 19:15
Board Urges Shareholders to Vote "FOR" ALL of Gildan's Recommended Qualified and Experienced Director Nominees on the BLUE Proxy Card Vote Today! For questions or help with voting, call 1-888-518-6813 (toll free in North America), text or call 437-561-5012, email contactus@kingsdaleadvisors.com or visit www.futureofgildan.com MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has published an investor presentation, entitled "Successfully Driving Lon ...
Gildan Announces a C$200 Million Private Placement Financing with CDPQ
Newsfilter· 2024-05-09 05:00
MONTRÉAL, May 08, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") announced today that it has reached an agreement to issue CAD$200 million aggregate principal amount of senior unsecured notes to Caisse de dépôt et placement du Québec ("CDPQ") on a private placement basis. The notes will bear interest at a rate of 6.0% per year and will mature 5 years from the issuance date. Gildan intends to use the net proceeds of the issuance to fund its common share repurc ...
Gildan Activewear (GIL) - 2024 Q1 - Quarterly Report
2024-05-02 04:36
2024 First 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 7 5.0 Operating results 8 6.0 Financial condition 18 7.0 Cash flows 20 8.0 Liquidity and capital resources 22 9.0 Legal proceedings 26 10.0 Financial risk management 27 11.0 Critical accounting estimates and judgments 27 12.0 Accounting policies and new accounting standards not yet applied 27 13.0 Internal control over financial reporting 28 14.0 Risks and unce ...
Gildan Activewear Reports Results for the First Quarter of 2024
Newsfilter· 2024-05-02 04:10
(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 $696 million Operating margin of 15.1%, adjusted operating margin1 of 18.0% GAAP diluted EPS of $0.47 down 13% and adjusted diluted EPS1 of $0.59 up 31% Capital returned to shareholders of $57 million during the quarter Full year 2024 guidance reconfirmed MONTREAL, May 01, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: ...
Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to Shareholders
Newsfilter· 2024-04-29 18:40
Company Launches Annual Meeting Website: www.futureofgildan.com Board Urges Shareholders to Vote on the BLUE Proxy Card "FOR" ALL of Gildan's Qualified and Experienced Director Nominees Board Recommends the Election of Browning West Nominees Karen Stuckey and J.P. Towner MONTREAL, April 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has filed its management proxy circular with the Canadian securities regulatory authorities on SEDAR+ in connection with its upc ...
GIL vs. KTB: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-27 00:40
Investors with an interest in Textile - Apparel stocks have likely encountered both Gildan Activewear (GIL) and Kontoor Brands (KTB) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight st ...