Gildan Activewear Inc.

NYSE:GIL Stock Report

Market Cap: US$10.1b

Gildan Activewear Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Glenn Chamandy

Chief executive officer

US$13.1m

Total compensation

CEO salary percentage9.51%
CEO tenure2yrs
CEO ownership0.6%
Management average tenure1.2yrs
Board average tenure2yrs

Recent management updates

Recent updates

Seeking Alpha • May 04

Gildan Activewear: Look Beyond Proforma Revenue Contraction

Summary Gildan Activewear remains a "Buy" as I see headline revenue weakness as transitory. The 1Q2026 topline was 9.9% lower on a merged basis due to the company's strategic move to optimize production allocation and a high base in 1Q25. GIL's recent quarterly operating income grew 23.1% YoY, with EBIT margin 146 bps above consensus, thanks to the popularity of its high-ASP products and the forward-looking hedging strategy. The planned divestment of the Hanesbrands Australian business is on track, which supports potential catalysts like deleveraging and buyback resumption. Read the full article on Seeking Alpha
Seeking Alpha • Feb 20

Gildan Activewear Shows Great Capital Allocation, The Price Is Fair

Summary Gildan Activewear Inc. reported a strong quarter with double-digit growth, margin expansion, and significant market share gains, particularly in premium T-shirts and international sales. The company leverages cost advantages in Bangladesh, expanding internationally, and gaining share in mass-market retailers, but faces risks from distributor concentration. Despite Gildan's robust performance and strategic initiatives, the stock's current valuation at 15.5x forward earnings is high, prompting caution. I prefer to wait for a lower entry point to GIL stock, as even with ambitious EPS growth targets, the stock would still trade above 10x 2027 earnings. Read the full article on Seeking Alpha
Seeking Alpha • Nov 01

Gildan Has Returned To Historical Valuations Post Q3, And Remains Fairly Priced

Summary Gildan Activewear Inc. continues growing well above its markets, and gaining share. On the cost front, the company continues to benefit from raw material costs going down, and great expense management. Gildan's stock appreciated a lot after Chamandy returned, with the valuation metrics back to the historical level of 18/20x earnings. They are still a little below based on adjusted metrics. Although Gildan could very well return the growth needed to fulfill such a valuation, I tend to believe that the stock already prices much of that growth. Read the full article on Seeking Alpha
Seeking Alpha • Aug 02

Gildan Activewear: Good Quarterly Results And Favorable Mid-Term Prospects

Summary GIL's earnings rose by +17.5% YoY to $0.74 in the second quarter, and the company's actual Q2 bottom line beat the consensus estimate by +2.3%. Gildan Activewear anticipates that it can realize a mid-teens percentage EPS CAGR for the next three years, but the positive earnings growth outlook isn't fully reflected in the stock's valuations. GIL is now trading at a PEG multiple of below 1 times, and the stock's undervaluation supports a Buy rating for GIL. Read the full article on Seeking Alpha
Seeking Alpha • May 20

Gildan Is Too Uncertain Before The Shareholder Meeting On May 28th

Summary Gildan Activewear is the largest US t-shirt manufacturer and an integrated manufacturer (raw cotton to end-product) of t-shirts, hoodies, underwear, and socks. The company is undergoing a vocal proxy challenge between the Board and current CEO vs. a group of activists and the previous CEO. The next chapter of the battle is a shareholder meeting on May 28th. Gildan's impressive market position remains strong. The company's margin is expanding, and it is gaining market share in a challenging industry scenario. The proxy battle is costing money, time, and reputation. It is not clear that the shareholder meeting will resolve it. Until there is more managerial clarity and at current prices, Gildan is a Hold. Read the full article on Seeking Alpha
Seeking Alpha • Mar 26

Gildan Activewear Will Likely Offer Better Prices In The Future

Summary Gildan Activewear is the leading US t-shirt manufacturer and an integrated manufacturer (raw cotton to end-product) of t-shirts, hoodies, underwear, and socks. The company dominates its market via cost leadership, undercutting competitors by 30% while posting 15% operating margins. Since the mid-2010s, GIL has been growing slowly and returning capital to shareholders. Recently, the Board, the company's ex-CEO and founder, and its shareholders have been fighting over succession and a potential takeover. I believe speculating about a takeover price is high, and that the current stock price already discounts most positive developments in Gildan's operating future. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Glenn Chamandy's remuneration changed compared to Gildan Activewear's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 29 2026n/an/a

US$254m

Dec 28 2025US$13mUS$1m

US$394m

Sep 28 2025n/an/a

US$475m

Jun 29 2025n/an/a

US$486m

Mar 30 2025n/an/a

US$407m

Dec 29 2024US$27mUS$1m

US$401m

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

Compensation vs Market: Glenn's total compensation ($USD13.15M) is about average for companies of similar size in the US market ($USD14.79M).

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

CEO

Glenn Chamandy (64 yo)

2yrs
Tenure
US$13,147,193
Compensation

Mr. Glenn J. Chamandy serves as Chairman & CEO at B.R.K Capital Inc. He is Co-Founder of Gildan Activewear Inc. and serves as its President & CEO since May 23, 2024 and also serves as Director since May 23...

Leadership Team

NamePositionTenureCompensationOwnership
Glenn Chamandy
Co-Founder2yrsUS$13.15m0.64%
$ 64.5m
Luca Barile
Executive VP & CFO1.2yrsUS$3.57m0.0015%
$ 152.9k
Rabih Assal
Executive VPless than a yearUS$2.53mno data
Benito Masi
President of Manufacturing21.3yrsUS$3.69m0.23%
$ 23.0m
Chuck Ward
Executive VP & Chief Commercial Officerless than a yearUS$4.96m0.10%
$ 10.2m
Jason DeHaan
Executive VP & Chief Information Officer8.8yrsUS$2.30m0.011%
$ 1.1m
Jessy Hayem
Senior VP & Head of Investor Relations and Global Communicationsno datano data0.00015%
$ 15.2k
Genevieve Gosselin
Director of Corporate Communications & Corporate Marketingno datano datano data
Brooke Ferguson
Executive VP & Chief Human Resources Officerless than a yearno datano data
Isabelle Papillon
Corporate Secretaryno datano datano data
1.2yrs
Average Tenure

Experienced Management: GIL's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Glenn Chamandy
Co-Founder2yrsUS$13.15m0.64%
$ 64.5m
Michael Kneeland
Independent Non-Executive Chair2yrsUS$385.00k0.0047%
$ 480.1k
Karen Stuckey
Independent Director2yrsUS$257.00kno data
Ghislain Houle
Independent Director2yrsUS$281.00k0.0052%
$ 526.7k
Melanie Kau
Independent Director2yrsUS$281.00kno data
Peter Lee
Independent Director2yrsno datano data
Michener Chandlee
Independent Director2yrsUS$257.00k0.0032%
$ 326.1k
Deepak Khandelwal
Independent Corporate Directorless than a yearno data0.0027%
$ 273.5k
Anne-Laure Descours
Independent Director1.2yrsUS$135.39kno data
2.0yrs
Average Tenure
61.5yo
Average Age

Experienced Board: GIL's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 10:17
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/29
Annual Earnings2025/12/28

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.

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 Github.

Analyst Sources

Gildan Activewear Inc. is covered by 25 analysts. 14 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
Paul KearneyBarclays
Stephen MacLeodBMO Capital Markets Equity Research