Last $60.07 USD
Change Today -0.51 / -0.84%
Volume 256.8K
GIL On Other Exchanges
Symbol
Exchange
New York
Toronto
Frankfurt
As of 8:04 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

600 de Maisonneuve Boulevard West

33rd Floor

Montreal, QC H3A 3J2

Canada

Phone: 514-735-2023

Fax: 514-735-6810

Gildan Activewear Inc. supplies basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery, and shapewear. The company sells its products under a diversified portfolio of company-owned brands. It also has licensing arrangements for the Under Armour, Mossy Oak and New Balance brands. Segments The company operates in two segments, Printwear and Branded Apparel. Printwear segment The Printwear segment designs, manufactures, sources, markets and distributes undecorated activewear products in large quantities primarily to wholesale distributors in printwear markets in approximately 30 countries across North America, Europe, the Asia-Pacific and Latin America. Through the Printwear segment, the company sells mainly activewear products consisting of undecorated or ‘blank’ T-shirts, fleece and sport shirts which are marketed primarily under its own brands. Through a license arrangement, the company also sells performance activewear products under the New Balance brand. Wholesale distributors sell its products to screenprinters and embroiderers, who decorate the products with designs and logos and sell the imprinted activewear to a diversified range of end-use markets, including educational institutions, athletic dealers, event merchandisers, promotional product distributors, charity organizations, entertainment promoters, travel and tourism venues and retailers. The company’s activewear products are used in various daily activities by individuals, including work and school uniforms and athletic team wear, and for various other purposes to convey individual, group and team identity. Branded Apparel segment The Branded Apparel segment designs, manufactures, sources, markets and distributes branded family apparel, which includes athletic, casual and dress socks, underwear and activewear products, primarily to U.S. retailers. The company’s product-line also includes branded sheer hosiery, legwear and shapewear products which are sold to retailers in Canada and the United States. The company markets its products primarily under its company-owned and licensed brands, as well as select national retailers’ brands. Strategy The company’s growth strategy comprises the following four initiatives: continuing to pursue additional printwear market penetration and opportunities; continuing penetration of retail market as a full-line supplier of branded family apparel; continuing to increase capacity to support planned sales growth and generate manufacturing and distribution cost reductions; and pursuing complementary acquisitions. Sales and Marketing Printwear segment: The company’s sales and marketing office servicing its global printwear market is located in Christ Church, Barbados. The company distributes its activewear products for the printwear markets primarily out of its main distribution centre in Eden, North Carolina. The company also uses third-party warehouses in the western United States, Canada, Mexico, Colombia, Europe and Asia to service its customers in these markets. Branded Apparel segment: The company’s primary sales and marketing office for the Branded Apparel segment is located in Charleston, South Carolina at the same location as its primary distribution centre servicing its retail customers. In addition, the company services retail customers from smaller distribution centres in North Carolina, South Carolina and Canada. The company also operates 51 retail stores located in outlet malls throughout the United States. Customers In its printwear markets the company sells its products in approximately 35 countries across North America, Europe and the Asia-Pacific region, and Latin America primarily to wholesale distributors and to a lesser extent to large screenprinters. The company’s products in the U.S. retail market are sold to retailers, including mass-market retailers, department stores, national and regional chains, sports specialty stores and price clubs. Seasonality The company’s results of operations for interim periods and for full years are impacted by the variability of certain factors, including changes in end-use demand a

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GIL:US $60.07 USD -0.51

GIL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ennis Inc $13.84 USD -0.13
Oxford Industries Inc $54.78 USD -0.76
Under Armour Inc $76.44 USD -0.60
UniFirst Corp/MA $118.77 USD -1.64
Van de Velde NV €49.98 EUR +0.13
View Industry Companies
 

Industry Analysis

GIL

Industry Average

Valuation GIL Industry Range
Price/Earnings 26.9x
Price/Sales 3.2x
Price/Book 3.9x
Price/Cash Flow 26.5x
TEV/Sales 3.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GILDAN ACTIVEWEAR INC, please visit www.gildan.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.