- Gildan Activewear‘s third-quarter adjusted earnings per share (EPS) increased to $1.00 from 85 cents compared to the previous year.
- Net sales rose by 2.2% year-over-year, reaching $910.6 million.
- The gross margin for the quarter was reported at 33.7%, up from 31.2% last year.
- The adjusted operating margin improved to 23.2% from 22.4% year-over-year.
- The company’s inventory stands at $1.25 billion.
- Gildan Activewear narrowed its adjusted diluted EPS guidance range and updated its full-year financial guidance, including operating margin, capital expenditures, and free cash flow.
- Revenue growth for the full year is expected to increase by mid-single digits, aligning with previous guidance.
- The full-year adjusted operating margin is projected to rise by approximately 70 basis points, compared to earlier guidance of a 50 basis point increase.
- The adjusted effective income tax rate for 2025 is anticipated to remain similar to 2024.
- Current analyst ratings include 12 buys, 2 holds, and no sell recommendations.
A look at Gildan Activewear Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts believe Gildan Activewear, known for its branded basic activewear products, has a mixed outlook based on the Smartkarma Smart Scores. While the company scores moderately on value and dividends, it shows stronger performance in terms of growth, resilience, and momentum. This indicates a positive long-term trajectory, especially in key areas like growth potential and market momentum.
Gildan Activewear Inc., a major player in the wholesale imprinted activewear segment, offers a range of products including cotton T-shirts, golf shirts, tank tops, and sweatshirts. With a balance of strengths across different categories according to the Smart Scores, Gildan appears set to capitalize on opportunities for growth and market resilience in the competitive North American apparel market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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