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Gildan also notes that a majority of the votes cast by shareholders we. MONTRÉAL, April 30, 2025 (GLOBE NEWSWIRE) ... Existing Home Sales. Jun 23, 2025, 10:00 AM EDT. Prior: Prior: 4 .
Gildan posted revenue of $3.2 billion last year, down 1.4% from 2022, according to the company’s earnings report last month. Net income was $533.6 million, down 1.5% from 2022.
Gildan’s board has been clashing with Browning West and seven other investors that own a total of 35% stake in the company following the ouster of co-founder Chamandy in December.
Shares of Gildan Activewear Inc. jumped on Tuesday following a report that the T-shirt maker had been put up for sale, marking the latest drama over the company’s leadership plans.
In 2024, Gildan achieved notable advancements towards its Next Generation ESG targets as the Company: Reduced water intensity at its operated manufacturing facilities by 25.2% per kilogram ...