Browning West Cautions Shareholders Regarding Gildan Activewear’s Risky Path Forward Under CEO Vince Tyra
Gildan Activewear, Inc. Class A Sub. Vot. (GIL)
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm
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US:NYSE Investor Relations:
gildancorp.com/investors-landing-page
Company Research
Source: Business Wire
Vince Tyra’s Attempt to Copy Former CEO Glenn Chamandy’s Strategy is Fraught with Risk Due to Mr. Tyra’s Track Record of Value DestructionMr. Tyra Unveils Underwhelming Margin Guidance, Speculative Spending, Weak Capital Allocation, and No Long-Term Earnings Per Share or Stock Price TargetsBrowning West Urges Shareholders to Support its Slate of Eight Highly Qualified Directors and Strategy for Superior Value Creation LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”) and beneficially owns approximately 5.0% of the Company’s outstanding shares, today issued the following statement regarding the Company’s April 15th investor update.As a reminder, Browning West is seeking to elect eight highly qualified and independent director candidates to Gildan’s Board of Directors (the “Board”) at the Annual Meeting of Shareholders on
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GIL
News
- TSX futures indicate upbeat open as metal prices gain [Reuters]Reuters
- CANADA STOCKS-TSX futures indicate upbeat open as metal prices gain [Yahoo! Finance]Yahoo! Finance
- Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to Shareholders [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to Shareholders [Yahoo! Finance]Yahoo! Finance
- Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to ShareholdersGlobeNewswire
GIL
Earnings
- 2/21/24 - Beat
GIL
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/25/24 - Form SC
- GIL's page on the SEC website