Gildan (GIL) Stock Evaluation

Gildan Activewear Inc. (GIL) is a leading global manufacturer of everyday basic apparel, specializing in the design, production, and distribution of high-quality blank garments including t-shirts, fleece, underwear, and socks. Serving both printwear markets and retail channels, Gildan offers a broad portfolio of brands tailored to wholesalers, screen printers, and consumers alike. Known for its vertically integrated manufacturing operations, the company emphasizes cost efficiency, product consistency, and responsible sourcing. Headquartered in Montreal, Canada, Gildan maintains a strong international footprint with operations across North America, Central America, and the Caribbean, and has been committed to sustainable manufacturing and ethical labor practices since its founding in 1984.

Decision

We have decided not to invest into Gildan (GIL) due to a low valuation and slow future growth. Do note that future P/E and PEG place the company in a good place for future growth. Despite having strong ESG initiatives and scoring well on Modena's ESG rating scale, there are some concerns surrounding ethical labor practices.