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Gildan Activewear ( (TSE:GIL) ) has provided an update.
Gildan Activewear announced its annual meeting of shareholders scheduled for April 30, 2025, highlighting a series of strategic and leadership changes. In 2024, the company achieved record revenues of $3.271 billion and significant growth in adjusted operating margins and EPS, driven by the Gildan Sustainable Growth strategy. The company also made advancements in product innovation and ESG commitments, with recognition for its sustainability efforts. Executive leadership changes include the appointment of Chuck Ward as EVP, COO, and Luca Barile as EVP, CFO, effective March 1, 2025, as part of a multi-year succession planning process.
More about Gildan Activewear
Gildan Activewear is one of the world’s largest manufacturers of apparel, known for its vertically-integrated manufacturing model. The company focuses on delivering superior quality products for the whole family at affordable prices, while positively influencing the communities where they operate and creating long-term value for shareholders. Gildan is committed to continuous improvement in its manufacturing processes and emphasizes responsible operations, entrepreneurship, and belief in its people as core values.
YTD Price Performance: -3.61%
Average Trading Volume: 568,346
Technical Sentiment Signal: Sell
Current Market Cap: $6.86B
For detailed information about GIL stock, go to TipRanks’ Stock Analysis page.