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Gildan Activewr - GIL STOCK NEWS

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About Gildan Activewear Inc. (GIL)

Gildan Activewear Inc. (NYSE: GIL, TSX: GIL) is a prominent manufacturer and supplier of everyday basic apparel, including activewear, underwear, socks, and hosiery. With a vertically integrated manufacturing model, Gildan controls every stage of production, from raw materials to finished goods, ensuring cost efficiency, quality, and sustainability. The company's operations span Central America, the Caribbean, North America, and Bangladesh, enabling it to serve global markets effectively.

Core Business and Product Portfolio

Gildan markets its products under a diversified portfolio of well-known brands, including Gildan®, Comfort Colors®, American Apparel®, GOLDTOE®, and Peds®. It also holds exclusive licensing agreements, such as the printwear channel for Champion®. The company’s primary markets include printwear (serving wholesale distributors, screen printers, and embellishers) and retail (serving brick-and-mortar and e-commerce channels). This dual-market approach allows Gildan to diversify its revenue streams and mitigate risks associated with market-specific fluctuations.

Manufacturing and Operational Excellence

Gildan's vertically integrated manufacturing facilities are a cornerstone of its competitive advantage. By owning and operating large-scale facilities, the company achieves cost efficiencies, consistent quality, and supply chain control. Its strategic locations in Central America, the Caribbean, and Bangladesh provide access to skilled labor and proximity to key markets, reducing lead times and logistics costs. The company is also a significant consumer of U.S. cotton, leveraging its scale to secure raw materials competitively.

Sustainability and ESG Commitments

Gildan is deeply committed to environmental, social, and governance (ESG) principles, embedding sustainability into its long-term strategy. The company’s initiatives include reducing its environmental footprint, promoting worker safety and well-being, and supporting local communities through programs like reforestation and education. Gildan has been recognized for its ESG efforts, including inclusion in the Dow Jones Sustainability North America Index and the Sustainability Yearbook.

Innovation and Market Differentiation

Gildan continually invests in innovation to meet evolving consumer needs. Recent product introductions, such as those featuring soft cotton technology, demonstrate the company’s focus on enhancing product quality and customer satisfaction. This commitment to innovation, combined with its vertically integrated model, positions Gildan as a preferred partner for wholesale and retail customers alike.

Competitive Landscape and Growth Strategy

Operating in the highly competitive apparel industry, Gildan differentiates itself through its cost-efficient manufacturing, diversified product offerings, and commitment to sustainability. The company’s Gildan Sustainable Growth (GSG) strategy focuses on capacity-driven growth, product innovation, and ESG leadership. By leveraging these strengths, Gildan continues to capture market share in key categories and expand its global footprint.

Conclusion

Gildan Activewear Inc. is a global leader in the basic apparel industry, known for its vertically integrated operations, diversified brands, and commitment to sustainability. With a strong foundation and strategic focus, the company is well-positioned to navigate industry challenges and capitalize on growth opportunities in both printwear and retail markets.

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Gildan Activewear executives to participate in investor meetings at CIBC conference
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Gildan achieves ISO 45001 certification in two sewing factories in the Dominican Republic
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Gildan Activewear executives to participate in Scotiabank conference
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American Apparel announces multi-year partnership with Live Nation for select festivals, debuts Tee Lab activation booth at Music Midtown festival in Atlanta
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Gildan Activewear Inc. has published its latest Environmental, Social, and Governance (ESG) report, highlighting its 2022 performance and the momentum generated by its Next Generation ESG strategy. Key highlights include reductions in GHG emissions and water intensity, increased use of sustainable materials, and improved gender parity. Recent achievements include validation of near-term emission reduction targets by the Science Based Target initiative and ISO 45001 certification for a sewing facility in the Dominican Republic. Gildan has also received multiple recognitions for its ESG practices.
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Gildan has partnered with McGill University's Desautels Faculty of Management to support their Sustainable Growth Initiative. The company will donate CAD $150,000 to McGill's Annual Grand Challenge on Sustainability. The challenge aims to tackle sustainable growth issues in the apparel industry, with this year's theme being waste management in fashion supply chains. Gildan, as the title sponsor, will have ESG leaders on the panel of judges.
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Gildan Activewear Inc. announces Q2 2023 results with net sales of $840 million, operating margin of 21.7%, and GAAP diluted EPS of $0.87. The company also renewed its Normal Course Issuer Bid to repurchase up to 5% of outstanding shares. However, the company lowered its FY 2023 outlook due to current market conditions.
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Gildan Activewear Inc. (GIL: TSX and NYSE) has had its 2030 near term greenhouse gas emissions reduction targets validated by the Science Based Targets initiative (SBTi), confirming conformance with the SBTi Criteria and Recommendations (version 4.2). This marks a significant milestone in the advancement of the Company's ESG strategy. The SBTi’s target validation team has classified Gildan’s Scope 1 and 2 target and has determined that it is in line with a well-below 2ºC trajectory. Gildan's new Next Generation ESG strategy and targets aim to reduce absolute Scope 1 and 2 GHG emissions by 30% and absolute Scope 3 GHG emissions by 13.5% by 2030 from specific base years. The validation of these emissions targets by SBTi reinforces the company's commitment to sustainability practices and its genuine commitment to making purposeful advancements by 2030 in line with its Next Generation ESG strategy.
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Gildan Activewear Inc. will report its 2023 second quarter results on August 3, 2023. A conference call is scheduled on the 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 9038229#. A replay will be available for 7 days. A live audio webcast of the conference call, as well as a replay, will be available at the following link Gildan Q2 2023 audio webcast.
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FAQ

What is the current stock price of Gildan Activewr (GIL)?

The current stock price of Gildan Activewr (GIL) is $52.92 as of March 3, 2025.

What is the market cap of Gildan Activewr (GIL)?

The market cap of Gildan Activewr (GIL) is approximately 9.1B.

What does Gildan Activewear Inc. manufacture?

Gildan manufactures basic apparel, including activewear, underwear, socks, and hosiery, under brands like Gildan®, Comfort Colors®, and American Apparel®.

What is Gildan's business model?

Gildan operates a vertically integrated manufacturing model, controlling every stage of production to ensure cost efficiency, quality, and sustainability.

What markets does Gildan serve?

Gildan serves printwear markets (wholesale distributors, screen printers) and retail channels (brick-and-mortar and e-commerce), offering diversified revenue streams.

Where are Gildan's manufacturing facilities located?

Gildan's facilities are located in Central America, the Caribbean, North America, and Bangladesh, strategically positioned for global market access.

What sustainability initiatives does Gildan pursue?

Gildan focuses on reducing its environmental footprint, ensuring worker safety, and supporting local communities through programs like reforestation and education.

What brands does Gildan own?

Gildan owns brands like Gildan®, Comfort Colors®, American Apparel®, GOLDTOE®, and Peds®, and holds licensing agreements for brands like Champion®.

How does Gildan compete in the apparel industry?

Gildan differentiates itself through cost-efficient vertically integrated manufacturing, diversified product offerings, and a strong focus on sustainability and innovation.

What is the Gildan Sustainable Growth (GSG) strategy?

The GSG strategy focuses on capacity-driven growth, product innovation, and ESG leadership to strengthen Gildan's competitive position and drive long-term value.

How does Gildan support its ESG commitments?

Gildan integrates ESG principles into its operations, focusing on environmental sustainability, worker well-being, and community engagement.

What are Gildan's key growth areas?

Gildan focuses on expanding its market share in activewear and hosiery, leveraging innovation and sustainability to meet customer demands.
Gildan Activewr

NYSE:GIL

GIL Rankings

GIL Stock Data

9.13B
147.25M
2.38%
85.5%
1.01%
Apparel Manufacturing
Consumer Cyclical
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Canada
Montreal