Review of Gildan Activewear Inc.

MAR 12, 2024 - GIL has been a consistent, longstanding Canadian clothing provider. The company’s vertically integrated supply chain has been a key value creator which has allowed GIL to carve out an international position in the ever-competitive clothing industry. Overall, we believe that GIL is a well-run company, but growth has been lacking which has resulted in the stock being relatively flat over the last few years. On the back of these factors, we are dropping our rating one notch to a ‘B.’