Gildan Activewear Inc
GIL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %YD | LOCK|#gJD | LOCK|dfzh$> |
Gildan: Short-Seller Highlights Some Key Risks but Negative Reaction Excessive; Shares Attractive
Short-seller Jehoshaphat Research issued a report that sent Gildan's shares down 19% on June 16. Its main allegation is that the firm is offering generous payment terms to distributors to inflate sales. Gildan responded by reiterating its guidance and the accuracy of its financial disclosures.
