Gildan Activewear (GIL) Earnings Date and Reports 2024 (2024)

FAQs

Is Gildan activewear a buy or sell? ›

Gildan Activewear has a conensus rating of Strong Buy which is based on 8 buy ratings, 2 hold ratings and 0 sell ratings. The average price target for Gildan Activewear is $40.54. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Gildan Activewear's analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.

Stock Price Forecast

The 11 analysts offering 12-month price forecasts for Gildan Activewear Inc have a median target of 38.75, with a high estimate of 43.00 and a low estimate of 34.00. The median estimate represents a +16.16% increase from the last price of 33.36.

Gildan Activewear Market Cap

Gildan Activewear has a market cap or net worth of 8.24 billion as of April 5, 2024.

Gildan Activewear Inc. 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.

SUMMARY. Gildan Activewear Inc. (Gildan Activewear), a Canadian activewear manufacturer and distributor, owns a number of brands and also operates as a supplier to Nike and as a licensee of Under Armour.

What are Gildan T-shirts, and what sets them apart from other brands? Gildan T-shirts are a popular brand of blank t-shirts that are known for their quality and affordability. They are made from 100% preshrunk cotton and are available in a variety of colors and styles.

Gildan Activewear's competitors and similar companies include HanesBrands, Burton, Amer Sports and Tracksmith.

These three features are similar in both, but we recommend you choose Hanes over Gildan in the premium tee categories. The majority of people wear this item of clothing. This category of brand t-shirts offers a wide range of color options. Gildan's construction is slightly superior.

Our markets

Our activewear, underwear, socks, and legwear products are sold in North America, Europe, Asia-Pacific, and Latin America to wholesale distributors, screenprinters or embellishers, as well as to retailers and directly to consumers, primarily through e-commerce platforms.

Did Gildan buy American Apparel? ›

Canada-based Gildan purchased American Apparel at auction for $88 million.

Today, Gildan is one of the world's leading manufacturers of apparel, socks and legwear, with more than three decades of developing a large-scale manufacturing base and specialized skill set.

Where is Gildan made? Gildan's products are made in Gildan factories primarily located in Central America, the Caribbean, the United States, and Bangladesh. To learn more, visit Our Factories.

Gildan demographics summary.

Gildan has 44,000 employees.

T-shirts from Hanes and Gildan are evenly matched in quality, price, and fit. Overall, Hanes has a slightly higher quality and price point, while Gildan has better availability of colors and sizes. If quality and name brand are important, choose Hanes. If you're more concerned with your budget, choose Gildan.

Fueling the growth of the activewear industry are fitness conscious consumers who seek appropriate gear and equipment for their physical activity. In addition to this, 64 percent of U.S. millennials and Generation Y reported that they bought athletic shoes in 2021.

The decision of buying gym clothes can be a great investment (money), they can improve your likelihood of regularly going to the gym (health), help you feel better about your appearance (happiness), and as a result of working out you're rewarded with dopamine and serotonin (happiness).

The global athletic apparel market size had a value of approximately USD 15.23 billion in 2023 and is projected to reach around USD 21.22 billion by 2032, experiencing a compound annual growth rate (CAGR) of about 3.1% from 2024 to 2032.

People between the age group of 16 and 30 years are the most active athleisure consumers. As fitness is becoming more essential, a slightly older age group also forms a part of the target consumer base.