Morningstar Rating

Stock Research and Analysis

by Bridget Weishaar

Bulls Say

Significant capital-expenditure and scale requirements of basic apparel manufacturing give the company a large cost advantage.
International printwear markets are less than 10% of consolidated sales and yield a double-digit growth opportunity.
Branded apparel penetration is a higher-margin growth opportunity that leverages existing core competencies. Read more 

Bears Say

Pricing power is virtually nonexistent in the printwear segment, and the company is highly exposed to cotton and energy prices and demand fluctuation.
Gildan has more than a 70% printwear market share in the U.S., which could leave limited room for future market-share gains.
Branded apparel has many entrenched competitors and a consolidated customer base. Read more 

Management

Glenn Chamandy is one of the founders of the corporation and has been a director since May 1984. Before being appointed president and CEO in 2004, he served as a co-chief executive officer and chief operating officer. Chamandy earned an annual base   Read more 

Profile

Gildan is a vertically integrated manufacturer of basic apparel including T-shirts, fleece, socks, and underwear. The company distributes its products in printwear markets   Read more 

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