Donald Berg - Gildan Activewear Independent Chairman of the Board

GIL Stock  USD 34.66  0.77  2.17%   

Chairman

Mr. Donald G. Berg was appointed Independent Chairman of the Board of the Company effective May 2, 2019 . He is Chief Executive Officer at Comfy Cow LLC, a privately held Louisville, Kentuckybased purveyor of specialty gourmet ice cream through its chain of retail shops as well as in fine grocery stores in the Midwest. Mr. Berg retired in April 2014 as Executive Vice President, Chief Financial Officer at BrownForman Corporationrationration, a U.S. based producer and marketer of fine quality beverage alcohol brands and one of the largest companies in the global wine and spirits industry. Mr. Bergs career at BrownForman Corporation spanned over 25 years, where he held various executive positions including as President of its Advancing Markets Group, President of BrownForman Spirits Americas, the companys largest operating group, head of its corporate development and strategy functions and director of its mergers and acquisitions group. Prior to joining BrownForman, Mr. Berg has had a wide variety of finance, sales and marketing roles with respected national and international firms after beginning his career as a certified chartered public accountant with Ernst Whinney since 2019.
Age 66
Tenure 5 years
Professional MarksMBA
Address 600 de Maisonneuve Boulevard West, Montreal, QC, Canada, H3A 3J2
Phone514-735-2023
Webhttps://gildancorp.com
Berg is also a member of the Board of Directors of Meredith Corporationrationrationration, a publiclyheld media and marketing company, where he is also a member of the Audit Committee and the Finance Committee. He holds a MBA from the Wharton School of Business and earned his Bachelor of Arts degree in accounting and business administration from Augustana College in Illinois.

Gildan Activewear Management Efficiency

The company has Return on Asset of 0.0988 % which means that on every $100 spent on assets, it made $0.0988 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2779 %, implying that it generated $0.2779 on every 100 dollars invested. Gildan Activewear's management efficiency ratios could be used to measure how well Gildan Activewear manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.10. The value of Return On Capital Employed is expected to slide to 0.20. At this time, Gildan Activewear's Other Current Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 3.36 this year, although the value of Non Current Assets Total will most likely fall to about 926.3 M.
The company has 1.08 B in debt with debt to equity (D/E) ratio of 0.51, which is OK given its current industry classification. Gildan Activewear has a current ratio of 3.05, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Gildan Activewear until it has trouble settling it off, either with new capital or with free cash flow. So, Gildan Activewear's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gildan Activewear sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gildan to invest in growth at high rates of return. When we think about Gildan Activewear's use of debt, we should always consider it together with cash and equity.

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Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada. Gildan Activewear operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 51000 people. Gildan Activewear (GIL) is traded on New York Stock Exchange in USA. It is located in 600 de Maisonneuve Boulevard West, Montreal, QC, Canada, H3A 3J2 and employs 43,000 people. Gildan Activewear is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification.

Management Performance

Gildan Activewear Leadership Team

Elected by the shareholders, the Gildan Activewear's board of directors comprises two types of representatives: Gildan Activewear inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gildan. The board's role is to monitor Gildan Activewear's management team and ensure that shareholders' interests are well served. Gildan Activewear's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gildan Activewear's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marcello Caira, Independent Director
Gonzalo ValdesFauli, Independent Director
Charles Herington, Independent Director
William Anderson, Independent Chairman of the Board
Lindsay Matthews, Vice-President, General Counsel and Corporate Secretary
Dhaval Buch, Director
Vincent Tyra, President CEO
Michael Hoffman, President - Sales, Marketing and Distribution
Eric Lehman, President of Branded Apparel
Anne MartinVachon, Independent Director
Craig Leavitt, Independent Director
Luc Jobin, Independent Director
Sheila OBrien, Independent Director
George Heller, Independent Director
Donald Berg, Independent Chairman of the Board
Elisabeth Hamaoui, Director Communications
Maryse Bertrand, Independent Director
Shirley Cunningham, Independent Director
Jason DeHaan, Chief Officer
Russ Hagey, Independent Director
Michelle Taylor, General VP
Benito Masi, Executive Vice-President of Manufacturing
Russell Goodman, Independent Director
Peter Iliopoulos, Sustainability Taxation
Jessy Hayem, Head Relation
Rhodri Harries, Chief Financial Officer, Executive Vice President, Chief Administrative Officer
Genevive Gosselin, Director Marketing
Sophie Argiriou, Vice Communications
LLB BCL, Executive Affairs
Glenn Chamandy, President, Chief Executive Officer, Director
Chuck Ward, President - Sales, Marketing and Distribution

Gildan Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Gildan Activewear a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Gildan Activewear Investors Sentiment

The influence of Gildan Activewear's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Gildan. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Gildan Activewear's public news can be used to forecast risks associated with an investment in Gildan. The trend in average sentiment can be used to explain how an investor holding Gildan can time the market purely based on public headlines and social activities around Gildan Activewear. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Gildan Activewear's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Gildan Activewear's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Gildan Activewear's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Gildan Activewear.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gildan Activewear in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gildan Activewear's short interest history, or implied volatility extrapolated from Gildan Activewear options trading.

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When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Gildan Activewear's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.932
Dividend Share
0.744
Earnings Share
3.03
Revenue Per Share
18.165
Quarterly Revenue Growth
0.087
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.