Key Developments: Gildan Activewear Inc (GIL)
41.69USD
19 Jun 2013
$0.56 (+1.36%)
$41.13
$41.16
$41.87
$41.16
99,022
388,237
$42.98
$26.03
Latest Key Developments (Source: Significant Developments)
Gildan Activewear Inc Announces Agreement To Acquire New Buffalo Shirt Factory
Gildan Activewear Inc announced that it has signed a definitive agreement to acquire substantially all of the assets of New Buffalo Shirt Factory Inc. (New Buffalo) and its operating affiliate in Honduras, for approximately USD7 million. The closing of the transaction is expected to take place imminently. Full Article
Gildan Activewear Inc Issues Q3 2013 EPS Guidance In Line With Analysts' Estimates; Raises Low End Of Prior FY 2013 EPS Guidance To A Range In Line With Analysts' Estimates-Conference Call
Gildan Activewear Inc announced that for third quarter of 2013, it expects EPS of $0.92 to $0.95 up 39% to 44% from the third quarter fiscal 2012. For fiscal 2013, it expects EPS of $2.65-$2.70. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.94 for third quarter of 2013; EPS of $2.66 for fiscal 2013. Full Article
Gildan Activewear Inc Declares Cash Dividend
Gildan Activewear Inc announced that the Board of Directors has declared a cash dividend of $0.09 per share, payable on June 10, 2013 to shareholders of record on May 16, 2013. Full Article
Gildan Activewear Inc Reaffirms FY 2013 EBITDA Guidance-Conference Call
Gildan Activewear Inc announced that the midpoint of fiscal 2013 earnings guidance range translates into EBITDA of close to $450 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $450 million for fiscal 2013. Full Article
Gildan Activewear Inc Issues FY 2013 EBITDA Guidance In Line With Analysts' Estimates-Conference Call
Gildan Activewear Inc announced that the mid-range of earnings guidance translates into projected EBITDA for fiscal 2013 of close to $450 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $446 million for fiscal 2013. Full Article
Gildan Activewear Inc Declares Cash Dividend
Gildan Activewear Inc announced that the Board of Directors has declared a cash dividend of $0.09 per share, payable on March 18, 2013 to shareholders of record on February 21, 2013. Full Article
Gildan Activewear Inc Raises FY 2013 Revenue Guidance; Reaffirms FY 2013 EPS Guidance
Gildan Activewear Inc announced that for fiscal 2013, it expects net sales revenues to slightly exceed the Company's previous guidance of approximately $2.1 billion and the Company is continuing to project adjusted EPS of $2.60-$2.70. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.67 on revenue of $2.1 billion for fiscal 2013. Full Article
Gildan Activewear Inc Declares Cash Quarterly Dividend
Gildan Activewear Inc announced that the board of directors has approved a 20% increase in the amount of the current quarterly dividend and has declared a cash dividend of USD0.09 per share, payable on January 7, 2013 to shareholders of record on December 13, 2012. Full Article
Gildan Activewear Inc Issues FY 2013 Guidance; EPS Guidance Above Analysts' Estimates
Gildan Activewear Inc announced that for fiscal 2013, it expects adjusted earnings per share (EPS) in the range of USD2.60-USD2.70, on projected net sales revenues of approximately USD2.1 billion. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.51 on revenue of $2.18 billion for fiscal 2013. Full Article
Gildan Activewear Inc. Issues Q4 2012 Guidance Above Analysts' Estimates; Reaffirms FY 2012 Guidance
Gildan Activewear Inc. announced that for fourth quarter of 2012, it expects adjusted earnings per share (EPS) to be close to USD$0.80 per share, on sales revenues of approximately USD$560 million. The Company reaffirmed fiscal 2012 guidance and expects EPS of approximately USD$1.30, on sales revenues of approximately USD$1.95 billion. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.78 on revenue of $537 million for fourth quarter of 2012; EPS of $1.31 on revenue of $1.95 billion for fiscal 2012. Full Article
Low cotton prices, higher sales boost Gildan's profit
May 2 - Canadian apparel maker Gildan Activewear Inc reported a higher second-quarter profit, helped by lower cotton prices and higher sales across its printwear and branded businesses.
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