| Address:
|
600 BOULEVARD DE MAISONNEUVE OUEST
33RD FLOOR |
| City: |
MONTREAL |
|
State: |
|
|
Zip Code: |
H3A 3J2 |
| Telephone: |
514-735-2023 |
|
Description of Business
|
Primary SIC Code:
2300 |
| (As filed with the SEC)
|
|
|
We are a marketer and vertically-integrated globally cost-competitive
manufacturer of basic, non-fashion apparel products for customers requiring an
efficient supply chain and consistent product quality for high-volume
replenishment programs. We sell activewear products to screenprint markets in
North America, Europe and other international markets. Gildan is the leading
supplier of activewear for the screenprint channel in the U.S. and Canada, and
also a leading supplier for this market in Europe and Mexico. We sell socks and
underwear, in addition to our activewear products, to mass market and regional
retailers in North America. In the U.S. mass-market retail channel, Gildan is
one of the leading suppliers of socks. The Company operates in one business
segment, being high-volume, basic, frequently replenished, non-fashion apparel.
The Company's net sales for fiscal 2009 reached $1,038.3 million. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.96 | 0.075 | 13.18 | | 06/2011 | 2.03 | 0.075 | 17.33 | | 03/2011 | 1.80 | 0.075 | 18.21 | | 12/2010 | 1.70 | NA | 16.76 | | 09/2010 | 1.63 | NA | 17.23 | | 06/2010 | 1.51 | NA | 18.97 | | 03/2010 | 1.33 | NA | 19.77 | | 12/2009 | 0.98 | NA | 24.88 |
Key Financial Ratios and Statistics |
FYE:
10/02 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 2.05 | Total Liab/Total Assets | 0.30 | | Net Inc/Total Assets | 0.13 | Total Liab/Inv Cap | 0.36 | | Net Inc/Inv Cap | 0.15 | Total Liab/Comm Equity | 4.81 | | Pretax Inc/Net Sales | 0.13 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.14 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.11 | LTD/Equity | 0.16 | | SG&A/NetSales | 0.12 | Total Debt/Equity | 0.16 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 9.70 | Quick Ratio | 0.99 | | Inventory Turnover | 2.84 | Current Ratio | 2.82 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.23 | | Net Sales/Work Cap | 3.01 | Inv/Curr Assets | 0.65 | | Net Sales/PP&E | 2.98 | | |
Income Statement (Millions) |
| |
10/2/2011
|
10/3/2010
|
10/4/2009
|
10/5/2008
|
|
Total Revenues(Net Sales)
|
1,726.04
|
1,311.46
|
1,038.32
|
1,249.71
|
|
Cost of Goods Sold
|
1,288.29
|
947.21
|
807.99
|
847.39
|
|
Selling & Admin Exps
|
199.13
|
154.67
|
134.79
|
151.45
|
|
Operating Income
|
230.15
|
200.88
|
89.35
|
188.20
|
|
Interest Exp
|
NA
|
NA
|
NA
|
7.72
|
|
Pretax Income
|
224.16
|
196.34
|
89.54
|
178.99
|
|
Other Income
|
NA
|
NA
|
NA
|
0.49
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
239.90
|
198.25
|
95.33
|
146.35
|
|
Assets
|
10/2/2011
|
10/3/2010
|
10/4/2009
|
10/5/2008
|
|
Cash & Short Term Investments
|
88.80
|
258.44
|
99.73
|
12.36
|
|
Receivables - Total
|
203.78
|
152.02
|
159.65
|
222.16
|
|
Inventories - Total
|
575.59
|
332.54
|
301.87
|
316.17
|
|
Total Current Assets
|
888.44
|
761.67
|
579.97
|
561.10
|
|
Net Property, Plant & Equipment
|
578.54
|
482.54
|
408.75
|
447.01
|
|
Total Assets
|
1,889.72
|
1,327.53
|
1,074.50
|
1,101.34
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
315.27
|
191.23
|
136.20
|
202.30
|
|
Debt in Current Liabilities
|
NA
|
NA
|
2.80
|
3.56
|
|
Total Current Liabilities
|
315.27
|
191.23
|
139.00
|
205.85
|
|
Long-Term Debt
|
209.00
|
0.00
|
1.58
|
49.45
|
|
Total Liabilities
|
562.41
|
213.10
|
163.71
|
289.79
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
11.56
|
11.06
|
7.27
|
7.16
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
100.44
|
97.04
|
93.04
|
89.38
|
|
Retained Earnings
|
1,184.78
|
982.76
|
784.52
|
689.98
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
1,327.32
|
1,114.43
|
810.77
|
811.54
|
|
Total Liabilities and Stockholders' Equity
|
1,889.72
|
1,327.53
|
974.48
|
1,101.34
|
Cash Flow Summary (Millions) |
|
Categories
|
10/2/2011
|
10/3/2010
|
10/4/2009
|
10/5/2008
|
|
Net Cash Provided by Operating Activities
|
181.55
|
301.55
|
169.18
|
238.90
|
|
Net Cash Provided by Investing Activities
|
-523.94
|
-141.25
|
-34.20
|
-227.33
|
|
Net Cash Provided by Financing Activities
|
172.83
|
-1.36
|
-47.71
|
-8.27
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 10/2007 | 964.43 | 129.04 | 1.07 | | 10/2008 | 1,249.71 | 146.35 | 1.19 | | 10/2009 | 1,038.32 | 95.33 | 0.79 | | 10/2010 | 1,311.46 | 198.24 | 1.63 | | 10/2011 | 1,726.04 | 239.90 | 1.96 | | Growth Rates | 15.66 | 16.77 | 16.34 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 140 | 88,962 | 73.22 |
|
Report Date :
2/6/2012
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