Gildan Activewear Inc

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• DJ Gildan Activewear Inc. Stock Rises Thursday, Outperforms Market, from 3 hours ago by Dow Jones

  3 hours ago by Dow Jones
  Companies Mentioned: GIL, GIL
  
  This article was automatically generated by MarketWatch using technology from Automated Insights.
  
  Shares of Gildan Activewear Inc. GIL rallied 1.29% to C$68.14 Thursday, in what proved to be an otherwise all-around negative trading session for the Canadian market, with the S&P/TSX Composite Index falling 1.43% to 24,156.87.
  

• DJ Gildan Activewear Comfortable Operating in Volatile Countries -- Market Talk, from 10 hours ago by Dow Jones

  10 hours ago by Dow Jones
  Companies Mentioned: GIL, GIL
  
  0951 ET - Gildan Activewear operates in some volatile geographies, but executives say they are well-established enough to avoid the issues that plague some countries. CEO Chamandy says on an investor call that despite the civil unrest in Bangladesh, the company hasn't had any major issues operating there. "We lost a couple of days," Chamandy says when the company let workers go home for safety reasons but he says that Gildan's ten-year presence in the country has helped navigate challenges. And, it sounds like Bangladesh may not be its most volatile geography. "We're still operating every day in Haiti, which is arguably more difficult to operate in than Bangladesh," Chamandy notes.(adriano.marchese@wsj.com)
  

• Gildan Activewear Fiscal Q3 Adjusted Earnings, Net Sales Rise; Fiscal 2024 Guidance Revised, from 10 hours ago by MT Newswires

  10 hours ago by MT Newswires
  Companies Mentioned: GIL
  09:42 AM EDT, 10/31/2024 (MT Newswires) -- Gildan Activewear (GIL) reported fiscal Q3 adjusted earnings Thursday of $0.85 per diluted share, up from $0.74 a year earlier. Analysts polled by Capital IQ expected $0.85. Net sales for the quarter ended ...

• DJ Gildan Activewear Sees Fleece as Green Pasture of Growth -- Market Talk, from 11 hours ago by Dow Jones

  11 hours ago by Dow Jones
  Companies Mentioned: GIL, GIL
  
  0920 ET - Gildan Activewear sees strong potential in its fleece segment, which it says is still in its the early stages of breaking out. On an analyst call, CEO Glenn Chamandy says that fleece still represents only 17% of the garment manufacturer's volume but he sees this being a high-growth segment over the next three years. Chamandy says that it's still under-penetrated in key markets, but with new products coming out to support future growth, he says this will be a key factor in taking greater share. (adriano.marchese@wsj.com)
  

• DJ Gildan Activewear Has Momentum to Plod Through Uncertainty in 2025 -- Market Talk, from 11 hours ago by Dow Jones

  11 hours ago by Dow Jones
  Companies Mentioned: GIL, GIL
  
  0918 ET - Gildan Activewear says it's building momentum in the end of the year to enter next year on good footing to overcome some market headwinds. On an analyst call, executives of the garment manufacturer say that "fleece sales are pulling through in 4Q," which they expect to "support the company as they move through the period." But the company does face certain headwinds. Internally, this is from its hosiery segment as it phases out Under Armour, a big contributor to the segment. They also say some areas are "weaker than we might like, such as underwear--that segment appears to be down but we are still happy with our performance." (adriano.marchese@wsj.com)