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1Vote!

Lower Cotton Prices Might Cushion Gildan's Slide

FP Trading Desk submits: Could easing cotton prices buoy Gildan Activewear Inc., (GIL) despite a softening economy and a gloomy time in the manufacturing sector? Analyst Vishal Shreedhar of UBS Investment Research has initiated coverage on the stock with a buy recommendation and a price target of C$33, saying the apparel manufacturer is an industry leader with a strong long-term track record. Complete...

1Vote!

GILDAN ACTIVEWEAR INC.: Gildan to Present at Upcoming Institutional Investor Conferences

MONTREAL, QUEBEC (MARKET WIRE) Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) announced that Glenn J. Chamandy, President and CEO and Laurence G. Sellyn, Executive Vice President, Chief Financial and Administrative Officer, will present an overview of the Company's business at the Scotia Capital Back to School Conference 2008 in Toronto, on Tuesday, September 16, 2008 at 1:30 p.m. EDT. Mr. Sellyn will...

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GILDAN ACTIVEWEAR INC.: Gildan to Present at Raymond James Institutional Investor Conference

MONTREAL, QUEBEC (MARKET WIRE) Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) announced that Laurence G. Sellyn, Executive Vice President, Chief Financial and Administrative Officer, will present an overview of the Company's business at the Raymond James 4th Annual European Investors North American Equities Conference in London, U.K. on Thursday, September 4, 2008 at 10:45 a.m. BST (or 5:45 a.m. EDT)....

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MBF Financial: Analyst Reports for Nortel, Toronto-Dominion Bank Financial Group, Lundin Mining Corporation, and Gildan Activewear Inc.

LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Nortel (TSX: NT), Toronto-Dominion Bank Financial Group (TSX:...

+Vote!

Gildan's Q3 Net Rises on Higher Sales

MONTREAL — The purchase of a sock business boosted revenues and helped Gildan Activewear Inc. to higher third-quarter profits despite restructuring charges and higher expenses. For the three months ended July 6, the firm reported net income rose 3.1 percent to $54 million, or 44 cents a diluted share, including 2 cents a share of restructuring charges, versus $52.4 million, or 43 cents, a year earlier....

+Vote!

CANADA: Gildan posts profit rise in Q3

Canadian apparel operator Gildan Activewear reported net earnings of US$54.0m for the third quarter of fiscal 2008, compared to $52.4m in Q3 last year, including the cost of $2.3m in restructuring charges.

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TSX opens to mixed financial reports

The Toronto stock market will be reacting to a mixed quarterly report from Gildan Activewear, a return to profitability for ATS Automation and news of more flooding problems at Cameco's Cigar Lake uranium mine in Saskatchewan.

+Vote!

Gildan Activewear sticks to guidance as profit climbs 3%

LONDON (MarketWatch) -- Gildan Activewear Inc said third-quarter net income rose 3% to $54 million, or 44 cents a share, from $52.4 million, or 43 cents a share, earned in the year-earlier quarter. Excluding a one-time restructuring charge of $2.3 million, the Canadian clothing company would have earned 46 cents a share. Consensus forecasts were for earnings of 45 cents a share, according to a survey...

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GILDAN ACTIVEWEAR INC.: Gildan Activewear Announces Fiscal 2008 Third Quarter Results

MONTREAL, QUEBEC (MARKET WIRE) Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) today announced its financial results for its third fiscal quarter ended July 6, 2008. The Company also reconfirmed its most recent full year EPS guidance for fiscal 2008, which it had revised on April 29, 2008.

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GILDAN ACTIVEWEAR INC.: Gildan Activewear Will Hold its 2008 Third Quarter Results Conference Call at 8:30 a.m. EDT on Wednesday, August 13, 2008

MONTREAL, QUEBEC (MARKET WIRE) Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) will report its fiscal 2008 third quarter results on Wednesday, August 13, 2008. A press release will be issued before market open and a conference call is scheduled for that same day at 8:30 a.m. EDT to discuss the Company's results and business outlook.

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Gildan Activewear (GIL): No worse for the wear?

Founded in 1984, Montreal-based Gildan Activewear is a world leader in the manufacture and distribution of high-quality T-shirts, collar shirts, underwear, and socks. Its focus is on high volume, non-fashion clothing which demands frequent replenishment. Turnover is the name of the game. With more than 15,000 employees and production facilities in the Caribbean Basin and Central America, Gildan is...

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MBF Financial: *Revised* Analyst Reports for Domtar Corporation, Gildan Activewear Inc., IAMGOLD Corporation, and Winstar Resources Ltd.

LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Domtar Corporation (TSX: UFS), Gildan Activewear Inc. (TSX:...

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Gildan Activewear: Legal Woes Unlikely to Affect Long-Term Results

FP Trading Desk submits: Gildan Activewear Inc. (GIL) suffered a big decline last week after another shareholder class action lawsuit was filed against the T-shirt and sock maker. But the sell-off was overdone and a short-term rebound is in the making, says RBC Capital Markets analyst Sara O’Brien, who rates the stock at “outperform” with a $36 price target. Gildan reports third quarter results on...

1Vote!

Shareholder Class Action Filed Against Gildan Activewear Inc. by the Law Firm of Schiffrin Barroway Topaz & Kessler, LLP

RADNOR, Pa., July 3 /PRNewswire/ -- The following statement was issued today by the law firm of Schiffrin Barroway Topaz & Kessler, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of all purchasers of securities of Gildan Activewear Inc. (NYSE: GIL) ("Gildan" or the "Company") from August 2, 2007...

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US: Gildan facing investor lawsuit

Purchasers of Gildan Activewear stock have filed a class action lawsuit in New York and are seeking damages against the company.