Report
Bridget Weishaar
EUR 98.48 For Business Accounts Only

Gildan On Track With Branded Market Share Gains; Shares Fairly Valued

No-moat Gildan reported a strong start to the year, with first-quarter underwear market share gains offsetting the impact of retailer store closures and inventory reductions, resulting in positive adjusted organic sales growth to the tune of 3%. Furthermore, we feel that investments in both e-commerce and distribution capacity, with a focus toward the online potential of American Apparel, will be essential to position the company for ongoing channel shifts. With acquisition integration, pricing ...
Underlying
Gildan Activewear Inc.

Gildan Activewear is engaged in the manufacturing and selling of activewear, socks and underwear. Co. sells activewear products to screenprint markets in North America, Europe and other international markets. Co. is the supplier of activewear for the screenprint channel in the United States, Canada, Europe and Mexico. Co. sells socks and underwear, in addition to its activewear products, to mass market and regional retailers in North America.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Bridget Weishaar

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