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Gildan Activewear Inc (GIL.TO)

GIL.TO on Toronto Stock Exchange

39.06CAD
17 Nov 2017
Change (% chg)

$0.31 (+0.80%)
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Latest Key Developments (Source: Significant Developments)

Gildan Activewear Q3 earnings per share $0.52
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Gildan Activewear Inc :Gildan Activewear reports third quarter results and increases full year adjusted EPS guidance.Q3 GAAP earnings per share $0.52.Q3 sales $716.4 million.Q3 adjusted earnings per share $0.53 excluding items.Gildan Activewear Inc - ‍q3 consolidated net sales of $716.4 million, in line with prior year​.Gildan Activewear Inc - ‍company raises full year adjusted EPS guidance range to $1.70-$1.72​.Gildan Activewear Inc - ‍board of directors has declared a cash dividend of U.S. $0.0935 per share​.Gildan Activewear Inc - ‍full year capital expenditures continue to be projected to be approximately $100 million​.Gildan Activewear Inc - ‍projecting free cash flow in excess of $450 million for year compared to its previous estimate of in excess of $425 million​.Fy2017 earnings per share view $1.70 -- Thomson Reuters I/B/E/S.Q3 revenue view $749.7 million -- Thomson Reuters I/B/E/S.  Full Article

Gildan Activewear Q2 GAAP earnings per share $0.48
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Gildan Activewear Inc :Gildan Activewear reports strong second quarter earnings per share and confirms earnings guidance at high-end of range.Q2 adjusted earnings per share $0.49 excluding items.Q2 GAAP earnings per share $0.48.Q2 sales rose 3.8 percent to $715.4 million.Now expects full year 2017 adjusted EPS to be at high end of guidance range​.‍2017 adjusted diluted EPS is now expected to be at high end of $1.60-$1.70 range​.Fy2017 earnings per share view $1.69 -- Thomson Reuters I/B/E/S.Now anticipates adjusted EBITDA at high-end of its previous guidance range of $555-$585 million for 2017​.Capital expenditures for year are currently projected to come in at approximately $100 million​.Sees ‍consolidated and segmented net sales growth in high-single-digit range for 2017​.  Full Article

Gildan announces resignation of director Patrik Frisk
Tuesday, 27 Jun 2017 04:31pm EDT 

June 27 (Reuters) - Gildan Activewear Inc ::Gildan announces resignation of director Patrik Frisk.Gildan Activewear - Patrik Frisk, who had been appointed to board of directors on may 4th, 2017, stepped down as director of co effective immediately.Gildan Activewear Inc - frisk has accepted position of president and chief operating officer of Under Armour, Inc, effective July 10.  Full Article

Gildan Activewear Q1 adjusted earnings per share $0.39 excluding items
Wednesday, 3 May 2017 04:19pm EDT 

May 3 (Reuters) - Gildan Activewear Inc :Gildan Activewear reports strong first quarter results and reaffirms full year guidance for 2017.Q1 adjusted earnings per share $0.39 excluding items.Q1 GAAP earnings per share $0.36.Q1 sales rose 12.2 percent to $665.4 million.Reaffirmed its full year 2017 financial guidance.  Full Article

Gildan Activewear establishes automatic share purchase plan
Friday, 24 Mar 2017 03:50pm EDT 

Gildan Activewear Inc - : Gildan Activewear establishes automatic share purchase plan .Entered into an automatic share purchase plan with a designated broker to allow for purchase of common shares under NCIB.  Full Article

Gildan Activewear reports Q4 adjusted earnings of $0.32/shr
Thursday, 23 Feb 2017 07:22am EST 

Gildan Activewear Inc : Gildan Activewear reports fourth quarter and full year 2016 results and initiates guidance for 2017 . Q4 earnings per share $0.32 . Q4 adjusted earnings per share $0.32 excluding items . Gildan Activewear Inc - qtrly net sales $587.9 million versus $543.8 million . Q4 revenue view $603.9 million -- Thomson Reuters I/B/E/S . Gildan Activewear Inc - Renewal of normal course issuer bid to repurchase up to 5 percent of issued and outstanding common shares . Gildan Activewear Inc - For 2017, Gildan expects to achieve adjusted diluted eps in range of $1.60 to $1.70 . Gildan Activewear Inc - Approved a 20 percent increase in amount of current quarterly dividend and has declared a cash dividend of $0.0935 per share . Gildan Activewear Inc - Net sales in 2017 in printwear and branded apparel segments are each expected to increase in high single digit range . Gildan Activewear Inc- Company is also projecting free cash flow generation in excess of $400 million for 2017 . Gildan Activewear Inc - Company expects an approximate $0.05 to $0.07 per share accretive impact on earnings from acquisitions in 2017 . Gildan Activewear Inc - contribution on earnings from acquisition of American Apparel is expected to be neutral in 2017 and accretive thereafter . Gildan Activewear Inc - Projected earnings growth for 2017 is expected to be weighted in first half of year with strong earnings growth in Q1.  Full Article

Gildan announces completion of acquisition of American Apparel Brand
Wednesday, 8 Feb 2017 04:38pm EST 

Gildan Activewear Inc :Gildan announces completion of acquisition of American Apparel Brand.  Full Article

Gildan Activewear wins auction in bankruptcy process to acquire American Apparel Brand
Tuesday, 10 Jan 2017 07:00am EST 

Gildan Activewear Inc : Gildan Activewear wins auction in bankruptcy process to acquire American Apparel Brand . Gildan will not be purchasing any retail store assets. . Company's final cash bid of $88 million includes acquisition of worldwide IP rights related to American Apparel Brand .Will also separately purchase inventory from american apparel "to ensure a seamless supply of goods to printwear channel".  Full Article

Gildan Activewear qtrly earnings per share $0.40
Wednesday, 27 Jul 2016 06:46am EDT 

Gildan Activewear Inc : For full year 2016, company is now projecting adjusted diluted EPS to be in range of $1.50-$1.55 . Consolidated net sales in Q2 of 2016 amounted to $688.9 million, down 3.5% . Qtrly earnings per share $0.40 . Now projecting capital expenditures for full year of approximately $150-$175 million in 2016 .Consolidated net sales for year are now projected to be approximately $2.65 billion.  Full Article

Gildan Activewear Inc gives FY 2016 guidance
Wednesday, 24 Feb 2016 07:06am EST 

Gildan Activewear Inc:Projects FY 2016 adjusted EPS of $1.50 - $1.60 on a diluted basis, on projected consolidated net sales in excess of $2.6 billion.Says adjusted EBITDA for FY 2016 is projected to be about $545 - $570 million.  Full Article