Gildan Activewear Inc (USA) (N:GIL)
Business Focus: Apparel & Accessories
| Sector: Consumer Cyclicals | Industry: Apparel & Accessories |
| Company Contact | |
| Address: | 600 Boulevard De Maisonneuve Ouest 33rd Floor MONTREAL QC H3A 3J2 |
| Tel: | N/A |
| Website: | https://www.gildanbrands.com |
| IR: | See website |
| Key People | ||
| Vince Tyra President, Chief Executive Officer | Rhodri J. Harries Chief Financial Officer, Executive Vice President, Chief Administrative Officer | Benito A. Masi President - Manufacturing |
| Chuck J. Ward President - Sales, Marketing and Distribution | Arun D. Bajaj Chief Human Resource Officer & Legal Affairs, Executive Vice President | |
| Business Overview |
| Gildan Activewear Inc. is a vertically integrated manufacturer of everyday basic apparel, including activewear, underwear, and hosiery products. Its primary product categories include activewear tops and bottoms (activewear), socks (hosiery), and underwear tops and bottoms (underwear). Its activewear product lines include T-shirts, fleece tops and bottoms, and sports shirts. Its hosiery product lines include athletic, dress, casual and workwear socks, liner socks and socks for therapeutic purposes. Its underwear product lines include men's and boy's underwear (tops and bottoms) and ladies' panties. It 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. It also sells socks under the Under Armour brand in the United States and Canada. It has manufacturing facilities in Central America, the Caribbean, North America, and Bangladesh. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Gildan Activewear Inc (USA) revenues decreased 1% to $3.2B. Net income decreased 1% to $533.6M. Revenues reflect Activewear segment decrease of 3% to $2.67B, International segment decrease of 17% to $225.4M, Canada segment decrease of 8% to $112.4M. Net income also reflects Interest expense on financial liab. increase from $27.9M to $60.2M (expense). |
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