Gildan Activewear traded at 60.44 this Wednesday November 4th, increasing 3.64 or 6.41 percent since the previous trading session. Looking back, over the last four weeks, Gildan Activewear gained 4.26 percent. Over the last 12 months, its price fell by 26.29 percent. Looking ahead, we forecast Gildan Activewear to be priced at 54.14 by the end of this quarter and at 50.54 in one year, according to Trading Economics global macro models projections and analysts expectations.
Gildan Activewear Inc. is a manufacturer of everyday basic apparel, including activewear, underwear, socks, hosiery, and legwear products. The Company’s products are sold in North America, Europe, Asia-Pacific, and Latin America to wholesale distributors, screen printers or embellishers, as well as to retailers in North America, and directly to consumers, primarily through its own e-commerce platforms. The products it manufactures and sells are marketed under its Company-owned brands, including Gildan, American Apparel, Comfort Colors, Gildan Hammer, Gold Toe, Anvil, Alstyle, Secret, Silks, Kushyfoot, Secret Silky, Therapy Plus, Peds and MediPeds. Through a sock licensing agreement providing exclusive distribution rights in the United States and Canada, it also sells socks under the Under Armour brand.