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Gildan directors say Mr. Chamandy agreed to an orderly three-year succession plan in December, 2021, but that by the fall of 2023, he had moved to entrench himself as CEO.
Gildan Activewear more than doubled its second-quarter profit. However, the Canada apparel manufacturer narrowed its adjusted ...
Gildan’s strong Q2 and capital returns are offset by margin pressure and market limits despite tariff advantages. Find out ...
MONTREAL - Gildan Activewear Inc. says its earnings rose in the second quarter as it reaffirmed its full-year guidance after ...
Gildan Activewear (TSX:GIL) stock could still be a gainer as it recovers from its recent slump. The post Gildan Activewear: Buy, Sell, or Hold? appeared first on The Motley Fool Canada.
Over all, Gildan’s sales rose 2.4 per cent to a record $891-million in the quarter, while adjusted earnings rose 6.5 per cent to $138-million.
With pressure mounting, Gildan’s board releases its version of the behind-the-scenes struggles with Chamandy. A Gildan director tells Bloomberg that the co-founder and the board wound up in a standoff ...
Gildan said its adjusted net income worked out to US$124.7 million, up from US$112.3 million last year. Net sales for the quarter came in at US$862.2 million, up from US$840.4 million last year.