Gildan Activewear Inc. (GIL-T)
TSE:GIL
57.65
1.46
(2.60%) 1d
Financials
Technical Analysis
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S&P edges to another highMost Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)Weekly 52-Week Low (or 52-Week High): BAM-T, ATRL-T, NPI-T, SVA-X and More 52-Week Highs and Lows (Jan 22-28)This summary was created by AI, based on 2 opinions in the last 12 months.
Gildan Activewear Inc. is currently navigating a complex landscape in the clothing industry, particularly with the impact of tariffs, which could potentially increase clothing prices. Experts express a belief that, despite the inevitability of ongoing imports and the long-term decline of textile jobs in North America, the demand for clothing will persist. Onshoring is anticipated to be a lengthy process, indicating a cautious approach toward the future. While there are concerns about recent market corrections, experts suggest that these corrections are likely overdone and that Gildan may rebound. Furthermore, historical resilience has been noted, as the company has successfully weathered previous challenges, positioning itself well for long-term stability.
EPS of 74c beat estimates of 71c; revenue of $869M beat estimates by 3%. GIL actually lowered guidance but the stock rose anyway as the degree of adjustment was less than expected. RBC raised its target. EPS is now expected at the low end of the prior $2.55 to $2.65 range. Margins dipped, but this is a case of 'investors were expecting worse' and the stock has staged a very nice rally this week.
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GIL has performed well amid a challenging macro outlook, and is now trading at a 10.5x forward P/E. In the 4Q, GIL’s revenue declined 8% to $720M, missing estimates of $761M and EPS of $0.65 slightly missing estimates of $0.68.
GIL’s management expects margin pressure in the first part of 2023 but expects to deliver strong margin performance for the rest of the year.
The company has executed well on its long-term growth strategy by taking advantage of the vertically integrated models as a low-cost manufacturer to expand production to low-cost labour areas such as Bangladesh.
It does so while continuing to expand its margins and returns on net assets (RONA).
Overall, the company has been executing well on its growth plans, has been increasing dividends, and plans on repurchasing shares over the next few years.
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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS beat estimates by 16c at 76 cents. Revenues also beat estimates at $784M. Dividends were also raised 10%. Their stock buyback continues as well. Sales rose 14%, with free cash flow at $116M. Good results. Unlock Premium - Try 5i Free
Gildan Activewear Inc.(GIL-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
Gildan Activewear Inc.(GIL-T) Frequently Asked Questions
What is Gildan Activewear Inc. stock symbol?
Gildan Activewear Inc. is a Canadian stock, trading under the symbol GIL-T on the Toronto Stock Exchange (GIL-CT). It is usually referred to as TSX:GIL or GIL-T
Is Gildan Activewear Inc. a buy or a sell?
In the last year, 2 stock analysts published opinions about GIL-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Gildan Activewear Inc..
Is Gildan Activewear Inc. a good investment or a top pick?
Gildan Activewear Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Gildan Activewear Inc..
Why is Gildan Activewear Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Gildan Activewear Inc. worth watching?
2 stock analysts on Stockchase covered Gildan Activewear Inc. In the last year. It is a trending stock that is worth watching.
What is Gildan Activewear Inc. stock price?
On 2025-04-11, Gildan Activewear Inc. (GIL-T) stock closed at a price of $57.65.
With tariffs, could see the price of clothing go up. As Springsteen sang, textile jobs are not coming back to NA; clothes will still be imported. Impact on the clothing industry remains to be seen. Thinks prices will go higher, but people still need to get dressed. Onshoring will be a multi-year journey.
Correction is probably overdone, will probably bounce.