Gildan expects American Apparel revenues to double to US$100M in 2018 [Business News Network (BNN) Energy & Resources (Canada)]
Gildan Activewear, Inc. Class A Sub. Vot. (GIL)
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
gildancorp.com/investors-landing-page
Company Research
Source: Business News Network
Gildan expects American Apparel revenues to double to US$100M in 2018 MONTREAL -- Gildan Activewear Inc. expects sales of the American Apparel brand it acquired last year will double in 2018 as it looks to expand sales of the product globally. The Montreal-based maker of apparel, including T-shirts, socks and underwear says the iconic brand it acquired last February should add about US$100 million of net sales this year, up from US$50 million in 2017. Gildan ( GIL.TO ) bought the bankrupt California brand for US$88 million in a deal that excluded American Apparel stores and its e-commerce site. It subsequently decided to use Gildan's low-cost global production networks to expand its offering while also making some lines of American Apparel in the United States. Gildan, which reports in U.S. dollars, says its overall net profit decreased 26 per cent to $54.9 million in the fourth quarter. Excluding restructuring and acquisition-related costs, it earned $67.6 million or 31 cents per dil
Show less
Read more
Impact Snapshot
Event Time:
GIL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GIL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GIL alerts
High impacting Gildan Activewear, Inc. Class A Sub. Vot. news events
Weekly update
A roundup of the hottest topics
GIL
News
- Caisse lands kingmaker role in battle for Gildan Activewear [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- PRESS DIGEST-Canada - May 9 [Yahoo! Finance]Yahoo! Finance
- Gildan Announces a C$200 Million Private Placement Financing with CDPQ [Yahoo! Finance]Yahoo! Finance
- Gildan Announces a C$200 Million Private Placement Financing with CDPQ [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Gildan Announces a C$200 Million Private Placement Financing with CDPQGlobeNewswire
GIL
Earnings
- 5/1/24 - Beat
GIL
Sec Filings
- 5/9/24 - Form 6-K
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- GIL's page on the SEC website