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Gildan Activewear Inc (USA) (N:GIL)

Business Focus: Apparel & Accessories

Sector:  Consumer Cyclicals Industry:  Apparel & Accessories
 
Company Contact
Address: 33rd, 600 De Maisonneuve Blvd W Floor
MONTREAL QC H3A 3J2
Tel: N/A
Website: https://www.gildanbrands.com
IR: See website
Key People
Glenn J. Chamandy
President, Chief Executive Officer, Director
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
   
Business Overview
Gildan Activewear Inc. is a vertically integrated manufacturer of everyday basic apparel, including activewear, underwear, and hosiery products. The Company's primary product categories include activewear tops and bottoms (activewear), socks, and underwear. Its other product categories include intimates, sheer hosiery and shapewear, which are sourced through third-party suppliers. It manufactures, sells and markets its products under its brands, including Gildan, American Apparel, Comfort Colors, Gildan Hammer, Prim + Preux, GoldToe, Anvil by Gildan, Alstyle, Secret, Silks, Secret Silky, Therapy Plus, Peds and MediPeds. It also sells socks under the Under Armour brand in United States and Canada. Its products are sold to wholesale distributors, screen printers or embellishers in North America, Europe, Asia-Pacific, and Latin America, as well as to retailers in North America, including mass merchants, department stores, specialty retailers, craft stores, and online retailers.
Financial Overview
For the nine months ended 03 October 2021, GildanActivewear Inc (USA) revenues increased 66% to $2.14B. Netincome totaled $433.3M vs. loss of $292.6M. Revenuesreflect Activewear segment increase of 81% to $1.74B,Hosiery and underwear segment increase of 21% to $400.8M,United States segment increase of 68% to $1.84B,International segment increase of 46% to $216.9M.