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Gildan Activewear Inc
Previous close
$68.20
Day range
$67.79 - $68.57
Year range
$41.32 - $70.15
Market cap
10.58B CAD
Avg Volume
406.62K
P/E ratio
19.61
Dividend yield
1.67%
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 891.11M | 2.44% |
Operating expense | 78.10M | -5.00% |
Net income | 131.47M | 3.22% |
Net profit margin | 14.75 | 0.75% |
Earnings per share | 0.85 | 14.86% |
EBITDA | 228.28M | 24.26% |
Effective tax rate | 19.21% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 121.34M | -20.86% |
Total assets | 3.74B | 4.56% |
Total liabilities | 2.17B | 37.37% |
Total equity | 1.57B | — |
Shares outstanding | 154.42M | — |
Price to book | 6.83 | — |
Return on assets | 13.35% | — |
Return on capital | 15.69% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 131.47M | 3.22% |
Cash from operations | 178.22M | -41.59% |
Cash from investing | -29.26M | 27.73% |
Cash from financing | -160.96M | 30.16% |
Net change in cash | -11.80M | -134.80% |
Free cash flow | 116.94M | -41.16% |
About
Gildan Activewear Inc. is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, sport shirts and fleeces, which are subsequently decorated by screen printing companies with designs and logos. The company also supplies branded and private label athletic, casual, and dress socks to retail companies in the United States including Gold Toe Brands, PowerSox, SilverToe, Auro, All Pro, and the Gildan brand. The company also manufactures and distributes Under Armour and New Balance brand socks. The company has approximately 44,000 employees worldwide, and owns and operates manufacturing facilities in Rio Nance, Honduras and the Caribbean.
Glenn and Greg Chamandy founded Gildan in 1984 with the acquisition of a knitting mill in Montreal, Quebec, Canada, to make fabric to supply Harley Inc., the childrenswear business already owned by the family. It later expanded to sell t-shirts made of 100% cotton to wholesalers, which resold them to United States and Canadian screen-printers, to be decorated with designs and logos. By 1994, Harley was closed in order to focus on the expansion of what had become Gildan Activewear. Wikipedia
Founded
May 8, 1984
Headquarters
Website
Employees
49,000