Gildan Activewear Announces Shareholder Voting Results

The latest announcement is out from Gildan Activewear ( (TSE:GIL) ).

On April 30, 2025, Gildan Activewear announced the election of eight directors proposed in its management proxy circular during its annual shareholders’ meeting held in Montréal. The company also reported that a majority of shareholders supported the non-binding advisory vote on executive compensation and the reappointment of its auditors. These results reflect shareholder confidence in Gildan’s leadership and strategic direction, potentially reinforcing its industry position and stakeholder relations.

Spark’s Take on TSE:GIL Stock

According to Spark, TipRanks’ AI Analyst, TSE:GIL is a Neutral.

Gildan Activewear’s overall score reflects a mixed outlook with strong financial performance and positive earnings guidance, yet challenges in profitability and leverage are evident. The technical analysis shows bearish trends, but the valuation remains reasonable. The company’s optimistic guidance for 2025 offsets some of the current market uncertainties.

To see Spark’s full report on TSE:GIL stock, click here.

More about Gildan Activewear

Gildan Activewear is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks. The company serves a wide range of customers such as wholesale distributors, screenprinters, retailers, and global lifestyle brands. Gildan markets its products under various brands, including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, and Peds®, and holds an exclusive licensing agreement for Champion® in the printwear channel. The company operates large-scale, vertically integrated manufacturing facilities in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to ESG practices.

YTD Price Performance: -8.90%

Average Trading Volume: 691,939

Technical Sentiment Signal: Hold

Current Market Cap: $6.45B

Learn more about GIL stock on TipRanks’ Stock Analysis page.