Gildan Activewear Inc. (GIL) manufactures and sells various apparel products in the United States, Canada, and internationally.
It provides various activewear products, including T-shirts, fleece tops and bottoms, and sport shirts under the Gildan, Gildan Performance, Gildan Hammer, Comfort Colors, American Apparel, Anvil by Gildan, Alstyle, Prim + Preux, and GoldToe brands.
The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks, as well as sheer panty hoses, tights, and leggings under the brands of Gildan, Under Armour, GoldToe, PowerSox, GT a GoldToe Brand, Silver Toe, Signature Gold by Goldtoe, Peds, MediPeds, Kushyfoot, Therapy Plus, All Pro, Secret, Silks, Secret Silky, and American Apparel.
In addition, it provides men's and boys' underwear products, and ladies panties under the Gildan and Gildan Platinum brand names; and ladies' shapewear, intimates, and accessories under the Secret and Secret Silky brands. The company sells its products to wholesale distributors, screen printers, or embellishers, as well as to retailers and consumer brand companies.
Shares are heading higher in an upward trading channel. The lower bounday of the said channel coincides with the stock's 50-day moving average. Shares are expected to head higher from current levels. The company reports its quarterly results on August 4th.
Entry Point: $35.50
Stop Loss: $33.70
Trading Range: $14.25 to $38.50
Target Price: $39.05