Gildan Activewear Inc
GIL: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^J | LOCK|w?D$ | LOCK|>^g#qF& |
Gildan Earnings: Hanesbrands Integration Underway; Outlook Reasonable; Shares Attractive
Gildan's fourth-quarter sales rose 31% as it recognized revenue from Hanesbrands for the first time (deal closed Dec. 1). Adjusted operating margin fell 60 basis points to 20.7% on Hanesbrands' structurally lower margins. Adjusted EPS from continuing operations increased USD 0.13 to USD 0.96.
