Education
About Us
Working with TipRanks
Follow Us
Gildan Activewear (TSE:GIL)
:GIL
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.83Last Year’s EPS
0.85Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: 6.04%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
Gildan Activewear Inc. reported strong financial performance with record revenues, significant shareholder returns, and successful product innovations driving growth. However, challenges such as the phase-out of Under Armour impacting hosiery and underwear sales, increased tax rates, and macroeconomic uncertainties present potential headwinds. Despite these challenges, the company's positive outlook for 2025 suggests optimism in its growth strategy.Company Guidance
During Gildan Activewear Inc.'s 2024 Q4 earnings call, the company provided guidance for 2025, highlighting several key metrics. Gildan anticipates mid-single-digit revenue growth for the full year, with adjusted diluted EPS expected to range from $3.38 to $3.58, representing a 13% to 19% increase year over year. The company also forecasts an approximately 50 basis point increase in full-year adjusted operating margin. Capital expenditures are projected to be around 5% of sales, and free cash flow is expected to exceed $450 million. Gildan expects Q1 2025 net sales to grow in the low single digits, or mid-single digits when excluding the impact of the Under Armour phase-out. The company plans to continue repurchasing shares, maintaining a leverage ratio target of 1.5 to 2.5 times net debt to adjusted EBITDA. The guidance is underpinned by anticipated growth in key product categories, market share gains, and continued benefits from recent innovations and market dynamics.Record Fourth-Quarter Sales
Gildan Activewear Inc. delivered record fourth-quarter sales of $822 million, up 5% compared to the previous year. Excluding the phase-out of Under Armour, the growth rate was in the low double digits.
Record Full-Year Financial Performance
The company achieved record revenues of about $3.3 billion, a strong adjusted operating margin of 21.3%, and adjusted diluted EPS growth of 17% year over year. A record $889 million was returned to shareholders in 2024.
International Sales Recovery
International business saw a 20% increase in sales over the last two quarters, driven by market recovery and capacity expansion in Bangladesh.
Innovation and Product Expansion
Strong reception of new innovations such as soft cotton technology, plasma print technology, and ColorBlast, with significant growth in the Comfort Colors brand, up 40% for the full year.
Guidance for 2025
The company expects mid-single-digit revenue growth for 2025, adjusted diluted EPS to increase by 13% to 19%, and free cash flow above $450 million.
---
TSE:GIL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TSE:GIL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | C$73.70 | C$76.71 | +4.08% |
| Oct 31, 2024 | C$66.99 | C$67.86 | +1.29% |
| Aug 01, 2024 | C$55.72 | C$56.75 | +1.85% |
| May 01, 2024 | C$46.90 | C$45.22 | -3.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Gildan Activewear (TSE:GIL) report earnings?
Gildan Activewear (TSE:GIL) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Gildan Activewear (TSE:GIL) earnings time?
Gildan Activewear (TSE:GIL) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:GIL EPS forecast?
TSE:GIL EPS forecast for the fiscal quarter 2025 (Q1) is 0.83.
---
