Gildan Activewear (GIL) Declares $0.13 Quarterly Dividend; 0.9% Yield
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Gildan Activewear (GIL) Misses Q1 EPS by 4c, Announces 2-for-1 Stock Split
February 4, 2015 4:39 PM ESTGildan Activewear (NYSE: GIL) reported Q1 EPS of ($0.34), $0.04 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $390.6 million, versus $451.4 million reported last year.
Gildan Activewear sees Q2 2015 EPS of $0.46-$0.48, versus the consensus of $0.62.
On February 4, 2015,... More
Gildan Activewear (GIL) to Acquire Comfort Colors for $100M
February 4, 2015 4:36 PM ESTGildan Activewear Inc. (NYSE: GIL) signed a definitive agreement to acquire substantially all of the assets of Comfort Colors, the leading supplier of garment-dyed undecorated basic T-shirts and sweatshirts for the North American printwear market, for a total purchase price of approximately U.S. $100 million. The purchase consideration will be paid in cash and will be financed out of Gildan's bank credit facility. The acquisition is subject to customary... More
