Gildan Activewear Inc., Canada : TSX: GIL | NYSE: GIL

Date:

Price as on December 6, 2024:-
Canada: TSX: US$68.25
US: NYSE: US$48.24

Gildan Activewear Inc., Canada : TSX: GIL | NYSE: GIL. top apparel brand from the US. textiles industry in the US. largest vertically-integrated mill.
Data source: Google Finance

Incorporated in 1946, Gildan is one of the world’s largest vertically-integrated manufacturers of apparel, underwear and socks, from spinning own yarns through to assembling the final garments and distributing products, they prefer to do it all, leading the way in ethical and sustainable manufacturing practices, having around 30 company-owned manufacturing units globally – primarily located at Central America, the Caribbean, North America and Bangladesh. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE® and Peds®.

On December 2, 2024, The company has announced that its President and CEO, Mr. Glenn J. Chamandy, rang the Opening Bell® on the New York Stock Exchange (NYSE) to mark the Company’s 40th anniversary as well as its 25th anniversary of being listed on the NYSE. The company reported Y-o-Y sales increase of 2.4% (vs Q3 of 2023) at US$891 million in the Q3 2024, a 6% sales increase in Activewear during Q3.

Disclaimer: This is just an opinion and not the prediction, hence do not risk any financials based on this content, we do not take any guarantee or responsibility.

Bhargav Pathak
Bhargav Pathakhttps://textilesresources.com
With a passion for the textile, apparel, and fashion industry, I embarked on a journey fueled by education from NIFT Gandhinagar and affiliation with NDBI at NID Ahmedabad. Since 2006, I've contributed to various corporate ventures, specializing in B2B, B2C, SaaS, and AI products within the textile domain. In July 2023, I launched TextilesResources.com, a knowledge hub offering the latest news, articles, and soon-to-come features like interviews and a trade fair calendar. Grateful for the growing community, we've recently introduced a Business Directory for enhanced visibility. Join us on LinkedIn and stay connected with the ever-evolving textile landscape!

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