Gildan Activewear Inc. (GIL)
GIL or LULU: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Textile - Apparel sector have probably already heard of Gildan Activewear (GIL) and Lululemon (LULU). But which of these two stocks is more attractive to value investors?
Gildan Activewear: Good Quarterly Results And Favorable Mid-Term Prospects
GIL's earnings rose by +17.5% YoY to $0.74 in the second quarter, and the company's actual Q2 bottom line beat the consensus estimate by +2.3%. Gildan Activewear anticipates that it can realize a mid-teens percentage EPS CAGR for the next three years, but the positive earnings growth outlook isn't fully reflected in the stock's valuations. GIL is now trading at a PEG multiple of below 1 times, and the stock's undervaluation supports a Buy rating for GIL.
Gildan Activewear's (GIL) Q2 2024 Earnings Call Transcript
Gildan Activewear's (NYSE:GIL ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Jessy Hayem - Vice President, Head of Investor Relations Glenn Chamandy - President and Chief Executive Officer Rhodri Harries - Executive Vice President, Chief Financial and Administrative Officer Chuck Ward - President, Sales, Marketing and Distribution Conference Call Participants Paul Lejuez - Citigroup Mark Petrie - CIBC Brian Morrison - TD Cowen Vishal Shreedhar - National Bank Financial Martin Landry - Stifel Jay Sole - UBS Stephen McLeod - BMO Capital Markets Chris Li - Desjardins Operator Ladies and gentlemen, thank you for standing by, and welcome to the Q2 2024 Gildan Activewear Earnings Conference Call. Please be advised that today's conference is being recorded.
Gildan Activewear (GIL) Tops Q2 Earnings and Revenue Estimates
Gildan Activewear (GIL) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.63 per share a year ago.
Gildan Activewear (GIL) Gears Up for Q2 Earnings: What to Know
Gildan Activewear's (GIL) second-quarter 2024 results are likely to reflect gains from brand strength, product innovation and a sturdy business model.
Gildan Activewear (GIL) to Post Q2 Earnings: Factors to Note
Gildan Activewear's (GIL) concentrated efforts on key product lines, particularly in the activewear segment, are expected to have contributed to top-line growth in the second quarter.
Gildan Activewear (GIL) Earnings Expected to Grow: Should You Buy?
Gildan (GIL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Gildan Names Glenn Chamandy as President and CEO
Gildan Activewear said Glenn Chamandy, the company's former CEO, will return as CEO following the resignation Thursday evening of Vince Tyra, president and CEO, and the entire board of directors.
Gildan Activewear shares climb after board resigns, ousted CEO returns
The clothing maker's board has been clashing with Browning West and seven other investors that own a total of 35% stake in the company following the ouster of co-founder Chamandy in December.
Gildan's board abruptly resigns ahead of annual meeting, handing control to activist
The entire board of Gildan Activewear is resigning in favor of activist Browning West's eight nominees, a win for ousted founder Glenn Chamandy days ahead of the company's annual meeting. Gildan is a major apparel supplier for companies like Amazon and Target, and also owns American Apparel.
Canadian apparel maker Gildan's board resigns, ex-CEO Chamandy returns
Canadian apparel maker Gildan Activewear said on Thursday its board of directors has resigned and its CEO Vince Tyra has stepped down to be replaced by former top boss Glenn Chamandy.
GIL or KTB: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Textile - Apparel sector might want to consider either Gildan Activewear (GIL) or Kontoor Brands (KTB). But which of these two companies is the best option for those looking for undervalued stocks?
