Gildan Activewear Inc.

TSX:GIL Stock Report

Market Cap: CA$10.4b

Gildan Activewear Management

Management criteria checks 2/4

Gildan Activewear's CEO is Glenn Chamandy, appointed in May 2024, has a tenure of less than a year. total yearly compensation is $10.31M, comprised of 11.4% salary and 88.6% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth CA$54.50M. The average tenure of the management team and the board of directors is 3.8 years and 0.6 years respectively.

Key information

Glenn Chamandy

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage11.4%
CEO tenureless than a year
CEO ownership0.5%
Management average tenure3.8yrs
Board average tenureless than a year

Recent management updates

Recent updates

Gildan Activewear (TSE:GIL) Is Very Good At Capital Allocation

Dec 23
Gildan Activewear (TSE:GIL) Is Very Good At Capital Allocation

An Intrinsic Calculation For Gildan Activewear Inc. (TSE:GIL) Suggests It's 25% Undervalued

Dec 11
An Intrinsic Calculation For Gildan Activewear Inc. (TSE:GIL) Suggests It's 25% Undervalued

Is Gildan Activewear (TSE:GIL) Using Too Much Debt?

Oct 23
Is Gildan Activewear (TSE:GIL) Using Too Much Debt?

Investors Interested In Gildan Activewear Inc.'s (TSE:GIL) Earnings

Oct 09
Investors Interested In Gildan Activewear Inc.'s (TSE:GIL) Earnings

Returns Are Gaining Momentum At Gildan Activewear (TSE:GIL)

Sep 22
Returns Are Gaining Momentum At Gildan Activewear (TSE:GIL)

Should You Investigate Gildan Activewear Inc. (TSE:GIL) At CA$59.70?

Sep 08
Should You Investigate Gildan Activewear Inc. (TSE:GIL) At CA$59.70?

Is Gildan Activewear Inc. (TSE:GIL) Trading At A 41% Discount?

Aug 27
Is Gildan Activewear Inc. (TSE:GIL) Trading At A 41% Discount?

Is Now The Time To Look At Buying Gildan Activewear Inc. (TSE:GIL)?

Jun 04
Is Now The Time To Look At Buying Gildan Activewear Inc. (TSE:GIL)?

Do Gildan Activewear's (TSE:GIL) Earnings Warrant Your Attention?

May 22
Do Gildan Activewear's (TSE:GIL) Earnings Warrant Your Attention?

These 4 Measures Indicate That Gildan Activewear (TSE:GIL) Is Using Debt Reasonably Well

May 05
These 4 Measures Indicate That Gildan Activewear (TSE:GIL) Is Using Debt Reasonably Well

Gildan Activewear Inc.'s (TSE:GIL) Intrinsic Value Is Potentially 46% Above Its Share Price

Apr 23
Gildan Activewear Inc.'s (TSE:GIL) Intrinsic Value Is Potentially 46% Above Its Share Price

Why Investors Shouldn't Be Surprised By Gildan Activewear Inc.'s (TSE:GIL) Low P/E

Mar 12
Why Investors Shouldn't Be Surprised By Gildan Activewear Inc.'s (TSE:GIL) Low P/E

We Like These Underlying Return On Capital Trends At Gildan Activewear (TSE:GIL)

Feb 15
We Like These Underlying Return On Capital Trends At Gildan Activewear (TSE:GIL)

Is There Now An Opportunity In Gildan Activewear Inc. (TSE:GIL)?

Jan 31
Is There Now An Opportunity In Gildan Activewear Inc. (TSE:GIL)?

CEO Compensation Analysis

How has Glenn Chamandy's remuneration changed compared to Gildan Activewear's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 29 2024n/an/a

US$422m

Jun 30 2024n/an/a

US$418m

Mar 31 2024n/an/a

US$515m

Dec 31 2023US$10mUS$1m

US$534m

Oct 01 2023n/an/a

US$464m

Jul 02 2023n/an/a

US$490m

Apr 02 2023n/an/a

US$493m

Jan 01 2023US$10mUS$1m

US$542m

Oct 02 2022n/an/a

US$632m

Jul 03 2022n/an/a

US$667m

Apr 03 2022n/an/a

US$655m

Jan 02 2022US$12mUS$1m

US$607m

Oct 03 2021n/an/a

US$501m

Jul 04 2021n/an/a

US$369m

Apr 04 2021n/an/a

-US$27m

Jan 03 2021US$17mUS$1m

-US$225m

Sep 27 2020n/an/a

-US$260m

Jun 28 2020n/an/a

-US$212m

Mar 29 2020n/an/a

US$138m

Dec 29 2019US$7mUS$1m

US$260m

Sep 29 2019n/an/a

US$287m

Jun 30 2019n/an/a

US$296m

Mar 31 2019n/an/a

US$306m

Dec 30 2018US$8mUS$1m

US$351m

Sep 30 2018n/an/a

US$346m

Jul 01 2018n/an/a

US$348m

Apr 01 2018n/an/a

US$347m

Dec 31 2017US$8mUS$1m

US$362m

Compensation vs Market: Glenn's total compensation ($USD10.31M) is above average for companies of similar size in the Canadian market ($USD4.09M).

Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.

CEO

Glenn Chamandy (63 yo)

less than a year

Tenure

US$10,305,629

Compensation

Mr. Glenn J. Chamandy serves as Chairman & CEO at B.R.K Capital Inc. He Founded Gildan Activewear Inc. and serves as its President & CEO since May 24, 2024 and also serves as Director since May 2024 and ha...

Leadership Team

NamePositionTenureCompensationOwnership
Glenn Chamandy
Presidentless than a yearUS$10.31m0.52%
CA$ 54.5m
Rhodri Harries
Executive VP and Chief Financial & Administrative Officer9.3yrsUS$3.30m0.21%
CA$ 21.9m
Chuck Ward
President of Sales3.8yrsUS$2.60m0.032%
CA$ 3.3m
Benito Masi
President of Manufacturing19.9yrsUS$2.62m0.21%
CA$ 21.4m
Jason DeHaan
Chief Information Officerno datano data0.0027%
CA$ 281.1k
Jessy Hayem
Head of Investor Relationno datano data0.000060%
CA$ 6.2k
Michelle Taylor
VP, General Counsel & Corporate Secretary3.2yrsno datano data
Geneviève Gosselin
Director of Corporate Communications & Corporate Marketingno datano datano data
Peter Iliopoulos
Senior Vice President of Taxationno datano data0%
CA$ 0
Elisabeth Hamaoui
Director of Investor Communicationsno datano datano data

3.8yrs

Average Tenure

61.5yo

Average Age

Experienced Management: GIL's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Glenn Chamandy
Presidentless than a yearUS$10.31m0.52%
CA$ 54.5m
Lewis Bird
Independent Directorless than a yearno datano data
Les Viner
Independent Directorless than a yearno datano data
Karen Stuckey
Directorless than a yearno datano data
B. Loewen
Independent Directorless than a yearno datano data
Ghislain Houle
Directorless than a yearno data0.0063%
CA$ 650.8k
Melanie Kau
Directorless than a yearno datano data
Peter Lee
Directorless than a yearno datano data
Michener Chandlee
Directorless than a yearno data0.0029%
CA$ 303.0k
A. Craighead
Independent Directorless than a yearno datano data
Jean-Philippe Towner
Directorless than a yearno datano data
Michael Kneeland
Non-Executive Chairless than a yearno data0.0057%
CA$ 593.5k

0.6yrs

Average Tenure

62yo

Average Age

Experienced Board: GIL's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:08
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/29
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gildan Activewear Inc. is covered by 36 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Ishan MajumdarBaptista Research
Stephen MacLeodBMO Capital Markets Equity Research