What is the revenue and EPS growth rate for Gildan Activewear year over year?

What is the market's earnings forecast for Gildan Activewear next quarter?

What factors drove the changes in Gildan Activewear's revenue and profit?

What guidance did Gildan Activewear's management provide for the next earnings period?

What is Gildan Activewear's gross profit margin?

What is Gildan Activewear's latest dividend and current dividend yield?

What were the key takeaways from Gildan Activewear's earnings call?

What were the key takeaways from Gildan Activewear’s earnings call?

- **Revenue Growth**: Q2 up 6.5% YoY ($919M), driven by 12% Activewear surge and new program launches.
- **Profit Expansion**: Adjusted EPS $0.97 (+31% YoY), with narrowed 2025 guidance of $3.40-$3.56 EPS.
- **Strategic Edge**: Low-cost manufacturing, U.S. cotton tariff mitigation, and innovation pipeline fueling market share gains.
- **Operational Strength**: Free cash flow >$450M/year, 2.2x leverage ratio, and 50bps margin expansion for 2025.

**【CEO Summary Section】**
- **Record Q2 Performance**: Revenue of $919 million (+6.5% YoY), driven by 12% growth in Activewear sales. Adjusted EPS reached $0.97, up 31% YoY.
- **Strategic Growth Drivers**: New brand launches (AllPro, Champion) and innovation (Soft Cotton Technology) are capturing market share. 75% of 2025 sales growth expected from new programs.
- **Tariff Mitigation**: U.S. cotton content in products avoids tariffs, and pricing actions offset remaining impacts. Bangladesh facility is fully ramped up, supporting international sales.
- **ESG Momentum**: 21st ESG report highlights sustainability progress, with recognition as Canada's Best Corporate Citizen and TIME's Most Sustainable Company.

**【CFO Financial Commentary】**
- **Topline Growth**: Activewear sales up 12% YoY, offsetting 23% decline in hosiery/underwear due to market softness and program resets.
- **Margin Expansion**: Gross margin improved 110bps to 31.5% due to lower raw materials and manufacturing costs. Adjusted operating margin flat YoY at 22.7%.
- **Financial Health**: Free cash flow of $154 million in Q2, with $450+ million expected annually. Net debt of $1.85 billion (2.2x leverage ratio) within target range.
- **Guidance Update**: Full-year EPS narrowed to $3.40-$3.56 (+13%-19% YoY), reflecting mid-single-digit revenue growth and 50bps margin expansion.

**【Q&A Key Highlights】**
- **Underwear Recovery**: Sequential improvement expected in H2, with program resets and new launches driving turnaround.
- **Nearshoring Strategy**: 10% capacity expansion in Central America to capitalize on tariff-averse customers. Bangladesh efficiency at 90%, with yarn modernization boosting 2026 margins.
- **Tariff Resilience**: U.S. cotton usage mitigates tariffs, and pricing actions offset 40% tariffs on Central American imports. 2026 visibility strong despite macro uncertainty.
- **International Markets**: Europe and Asia softness persists, but Q3 POS improvement signals stabilization. Long-term target for international sales at 10% of Activewear.

Gildan Activewear Inc. (GIL) Q2 2025 Earnings Call Transcript

- **Revenue Growth**: Q1 2025 up 2.3% to $712M, driven by 9% Activewear growth (excluding Under Armour). 
- **Margin Resilience**: Gross margin +90bps to 31.2%, offsetting 15% tax rate increase. 
- **Tariff Mitigation**: 10% U.S. content exemption; 2025 guidance assumes conservative market demand. 
- **Cash Flow Strength**: $62M share buybacks in Q1; guiding to >$450M free cash flow. 
- **2026 Outlook**: New programs pipeline supports mid-single digit growth beyond 2025.

**【CEO Summary Section】**
- Q1 2025 revenue: $712 million (+2.3% YoY), driven by 9% Activewear sales growth (excluding Under Armour phase-out). 
- Adjusted EPS: $0.59 (flat YoY), impacted by global minimum tax and jobs credits.
- Gildan Sustainable Growth (GSG) Strategy: 75% of 2025 sales growth from new programs (e.g., Soft Cotton Tech, Plasma Print). 
- Tariff Mitigation: 10% U.S. content in products exempts from tariffs; flexible supply chain and pricing strategies to offset costs.

**【CFO Financial Commentary】**
- Gross margin: 31.2% (+90bps YoY) due to lower raw material costs.
- SG&A: $87 million (-17% YoY), excluding proxy contest charges.
- Free cash flow: $166 million (Q1), guiding to >$450 million for 2025.
- Guidance: 
  - Revenue: Mid-single digits YoY growth
  - Adjusted EPS: $3.38-$3.58 (+13%-19% YoY)
  - Operating margin: +50bps YoY
  - Tax rate: ~15% (stable vs. 2024)

**【Q&A Key Highlights】**
- **Inventory Health**: Channels in good balance, no destocking observed.
- **Tariff Assumptions**: 10% U.S. content reduces tariff impact to <10%; 2025 guidance includes conservative market demand (flat to down low single digits).
- **Capacity Expansion**: Central America plants at 90% utilization; Bangladesh ramping to full capacity ($500M+ annualized). 
- **Pricing Strategy**: Selective price increases to offset inflation; minimal impact on end consumer ($2.30 wholesale t-shirt). 
- **2026 Pipeline**: Strong new program line of sight, supporting mid-single digit growth beyond 2025.

Gildan Activewear, Inc. (GIL) Q1 2025 Earnings Call Transcript

- **Record Q4 Performance**: $822M revenue (+5% YoY), $0.83 adjusted EPS (+11%), and $3.00 full year EPS (+17%).
- **2025 Growth Drivers**: Mid-single-digit revenue growth, 50bp margin expansion, and $3.38-$3.58 EPS target.
- **Innovation Success**: Soft cotton tech driving basics growth, Comfort Colors brand up 40%, and Champion brand expansion.
- **International Expansion**: 20% Q4 sales growth in Europe/Latin America, supported by Bangladesh capacity ramp-up.
- **Financial Strength**: $390M free cash flow in 2024, 1.9x leverage ratio, and $450M+ 2025 free cash flow outlook.

**【CEO Opening Remarks】**
- Q4 2024 revenue reached $822 million, up 5% YoY, with Activewear sales up 11% driven by new innovations like soft cotton technology.
- Full year 2024 revenue hit $3.3 billion, adjusted EPS grew 17% to $3.00, and $889 million returned to shareholders via buybacks and dividends.
- 2025 guidance: mid-single-digit revenue growth, 50bp margin expansion, and $3.38-$3.58 EPS (13%-19% YoY growth).
- Key growth drivers include Champion brand expansion, international market recovery, and national account programs in Activewear.

**【CFO Financial Highlights】**
- Q4 2024 GAAP EPS: $0.86 (down 3% YoY due to higher taxes), adjusted EPS: $0.83 (up 11% YoY).
- Full year 2024 free cash flow: $390 million, with net debt at $1.6 billion (1.9x leverage ratio within 1.5-2.5x target range).
- 2025 outlook: $450+ million free cash flow, 5% CapEx as a % of sales, and stable tax rate (~13%).

**【Q&A Key Takeaways】**
- **Product Innovation**: Soft cotton technology driving double-digit POS growth in basics; Comfort Colors brand up 40% in 2024.
- **Market Share**: 75% of 2025 revenue growth from new programs, including Champion brand expansion and fleece/tee national account wins.
- **International Growth**: 20% Q4 sales growth in Europe and Latin America, supported by Bangladesh capacity ramp-up (fully operational by Q2 2025).
- **Pricing Environment**: Stable pricing with tactical adjustments; gross margin expected to improve in 2025 due to cost efficiencies.
- **Share Buybacks**: 2024 buyback pace (11% of float) unsustainable; 2025 buybacks to return to 5-6% of float range.

**【Leadership Transition】**
- Chuck Ward promoted to COO; Rhodri Harries to retire in Jan 2026, succeeded by Luca Burelle as CFO.
- Succession plan reflects strong bench strength and alignment with GSG strategy execution.


Gildan Activewear, Inc. (GIL) Q4 2024 Earnings Call Transcript

Gildan Activewear's (GIL) Q2 2024 Earnings Call Transcript

- **Q1 2024 Financials**: $696M revenue (-1%), 18% adjusted operating margin, $0.59 EPS (+31%). Bangladesh ramp-up driving 2024+ margin expansion.
- **Strategic Priorities**: Supply chain excellence, brand innovation (Gildan 3000), and international market share gains (+1% activewear).
- **2024 Outlook**: Flat to low-single-digit revenue growth, $2.92-$3.07 EPS, free cash flow >2023 levels. GMT tax credits to reduce SG&A 80bps/Q2.

**【CEO Summary Section】**
- Q1 2024 revenue was $696 million, down 1% YoY, driven by 1% growth in activewear offset by 10% decline in hosiery/underwear. CEO emphasized strategic focus on supply chain excellence, brand enhancement, and international market expansion.
- Operating margin of 15.1% (18% adjusted), up 340bps YoY, due to lower raw material costs and manufacturing efficiency. Bangladesh facility ramp-up on track for 75% capacity by end-2024.
- 2024 guidance: Flat to low-single-digit revenue growth, adjusted EPS $2.92-$3.07, free cash flow above 2023 levels.

**【CFO Financial Commentary】**
- GAAP EPS $0.47 (-13%), adjusted EPS $0.59 (+31% YoY). Free cash flow consumption improved to $71M vs. $202M YoY, driven by lower working capital and capex.
- SG&A expenses $105M (15.1% of sales), including $20M non-recurring costs. Targeting 10%+ SG&A as % of sales post-GMT implementation.
- Gross margin 30.3% (+410bps YoY) due to lower fiber costs and manufacturing efficiency. Expect continued tailwinds from Bangladesh ramp-up.

**【Q&A Highlights】**
- **SG&A Management**: CFO expects 10%+ SG&A as % of sales post-GMT tax credits, with Q2 seeing 160bps catch-up from retroactive implementation.
- **Product Cost Trends**: Fiber costs down 20% YoY, supporting 2024 gross margin stability. Targeted pricing actions to gain share in international markets.
- **International Recovery**: Asia up mid-single digits, Latin America driven by Mexico elections. Europe stable but UK lagging continental Europe.
- **Innovation Pipeline**: Gildan 3000 launch in Q2 with double-digit growth, core product upgrades for improved printability and feel.

Actual											0.06	-0.99	0.3	0.45	0.48	0.68	0.8	0.76	0.76	0.86	0.84	0.65	0.45	0.63	0.74	0.75	0.59	0.74	0.85	0.83	0.59	0.97	1
Forecast											0.114	-0.375	0.0965	0.2211	0.187	0.516	0.5807	0.605	0.5114	0.7679	0.7991	0.678	0.5151	0.6096	0.7131	0.7269	0.517	0.7155	0.8434	0.8113	0.568	0.9539	0.9805
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-47.37%	-164.00%	+210.88%	+103.53%	+156.68%	+31.78%	+37.76%	+25.62%	+48.61%	+11.99%	+5.12%	-4.13%	-12.64%	+3.35%	+3.77%	+3.18%	+14.12%	+3.42%	+0.78%	+2.30%	+3.87%	+1.69%	+1.99%

GIL

GIL fundamentals

GIL Q3 2025 Earnings

Earnings Call

You can ask Aime

GIL

GIL fundamentals

GIL Q3 2025 Earnings

Earnings Call

GIL Earnings Call Summary for Q3/20258:30 AM on Oct 29, 2025

GIL Earnings Call Summary for Q2/20258:30 AM on Jul 31, 2025

GIL Earnings Call Summary for Q1/20255:00 PM on Apr 29, 2025

GIL Earnings Call Summary for Q4/20248:30 AM on Feb 19, 2025

GIL Earnings Call Summary for Q3/20248:30 AM on Oct 31, 2024

You can ask Aime