Gildan Activewear Inc
TSX:GIL
Income Statement
Earnings Waterfall
Gildan Activewear Inc
Revenue
|
3.2B
USD
|
Cost of Revenue
|
-2.3B
USD
|
Gross Profit
|
880.9m
USD
|
Operating Expenses
|
-334.1m
USD
|
Operating Income
|
546.8m
USD
|
Other Expenses
|
-32.2m
USD
|
Net Income
|
514.6m
USD
|
Income Statement
Gildan Activewear Inc
Mar-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Dec-2017 | Apr-2018 | Jul-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 241
N/A
|
2 320
+4%
|
2 360
+2%
|
2 299
-3%
|
2 387
+4%
|
2 407
+1%
|
2 416
+0%
|
2 959
+23%
|
2 526
-15%
|
2 501
-1%
|
2 541
+2%
|
2 585
+2%
|
2 657
+3%
|
2 684
+1%
|
2 685
+0%
|
2 751
+2%
|
2 733
-1%
|
2 782
+2%
|
2 820
+1%
|
2 909
+3%
|
2 885
-1%
|
2 923
+1%
|
2 908
-1%
|
2 824
-3%
|
2 659
-6%
|
2 087
-22%
|
1 950
-7%
|
1 981
+2%
|
2 112
+7%
|
2 629
+25%
|
2 829
+8%
|
2 923
+3%
|
3 108
+6%
|
3 256
+5%
|
3 305
+1%
|
3 240
-2%
|
3 168
-2%
|
3 113
-2%
|
3 133
+1%
|
3 196
+2%
|
3 189
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 598)
|
(1 677)
|
(1 701)
|
(1 717)
|
(1 818)
|
(1 842)
|
(1 830)
|
(2 229)
|
(1 822)
|
(1 798)
|
(1 833)
|
(1 865)
|
(1 905)
|
(1 907)
|
(1 904)
|
(1 950)
|
(1 945)
|
(1 991)
|
(2 032)
|
(2 103)
|
(2 094)
|
(2 125)
|
(2 126)
|
(2 119)
|
(2 009)
|
(1 808)
|
(1 738)
|
(1 742)
|
(1 814)
|
(1 956)
|
(2 039)
|
(2 047)
|
(2 156)
|
(2 267)
|
(2 315)
|
(2 274)
|
(2 258)
|
(2 251)
|
(2 284)
|
(2 342)
|
(2 308)
|
|
Gross Profit |
643
N/A
|
644
+0%
|
659
+2%
|
582
-12%
|
569
-2%
|
565
-1%
|
585
+4%
|
730
+25%
|
704
-4%
|
702
0%
|
708
+1%
|
720
+2%
|
752
+4%
|
776
+3%
|
781
+1%
|
801
+3%
|
788
-2%
|
791
+0%
|
788
0%
|
806
+2%
|
791
-2%
|
798
+1%
|
782
-2%
|
705
-10%
|
650
-8%
|
279
-57%
|
212
-24%
|
240
+13%
|
297
+24%
|
673
+127%
|
790
+17%
|
876
+11%
|
952
+9%
|
989
+4%
|
989
+0%
|
967
-2%
|
911
-6%
|
863
-5%
|
850
-1%
|
854
+1%
|
881
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(282)
|
(284)
|
(286)
|
(293)
|
(301)
|
(309)
|
(315)
|
(388)
|
(311)
|
(314)
|
(323)
|
(336)
|
(346)
|
(352)
|
(360)
|
(377)
|
(381)
|
(384)
|
(377)
|
(369)
|
(393)
|
(393)
|
(386)
|
(368)
|
(325)
|
(297)
|
(278)
|
(272)
|
(272)
|
(286)
|
(306)
|
(314)
|
(321)
|
(330)
|
(329)
|
(324)
|
(325)
|
(315)
|
(318)
|
(330)
|
(334)
|
|
Selling, General & Administrative |
(282)
|
(284)
|
(286)
|
(293)
|
(301)
|
(309)
|
(315)
|
(388)
|
(311)
|
(314)
|
(322)
|
(336)
|
(346)
|
(352)
|
(360)
|
(377)
|
(381)
|
(384)
|
(377)
|
(369)
|
(369)
|
(369)
|
(360)
|
(341)
|
(321)
|
(294)
|
(277)
|
(272)
|
(272)
|
(286)
|
(306)
|
(314)
|
(321)
|
(330)
|
(329)
|
(324)
|
(325)
|
(315)
|
(318)
|
(330)
|
(334)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(24)
|
(25)
|
(26)
|
(28)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
361
N/A
|
360
0%
|
373
+4%
|
290
-22%
|
269
-7%
|
257
-4%
|
270
+5%
|
342
+27%
|
393
+15%
|
388
-1%
|
385
-1%
|
383
0%
|
406
+6%
|
424
+5%
|
421
-1%
|
424
+1%
|
407
-4%
|
407
+0%
|
410
+1%
|
437
+7%
|
398
-9%
|
404
+2%
|
396
-2%
|
336
-15%
|
326
-3%
|
(18)
N/A
|
(66)
-265%
|
(33)
+51%
|
26
N/A
|
387
+1 412%
|
484
+25%
|
562
+16%
|
630
+12%
|
659
+5%
|
661
+0%
|
642
-3%
|
585
-9%
|
547
-6%
|
532
-3%
|
524
-1%
|
547
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(4)
|
1
|
(2)
|
(4)
|
(8)
|
(11)
|
(13)
|
(13)
|
(11)
|
(11)
|
(13)
|
(12)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(20)
|
(23)
|
(27)
|
(30)
|
(30)
|
(31)
|
(32)
|
(33)
|
(34)
|
(34)
|
(35)
|
(29)
|
(25)
|
(18)
|
(16)
|
(17)
|
(19)
|
(26)
|
(33)
|
(43)
|
(51)
|
(57)
|
(63)
|
|
Non-Reccuring Items |
(5)
|
(4)
|
(3)
|
(5)
|
(6)
|
(10)
|
(14)
|
(15)
|
(17)
|
(15)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(23)
|
(23)
|
(23)
|
(24)
|
(34)
|
(38)
|
(52)
|
(53)
|
(47)
|
(162)
|
(168)
|
(169)
|
(148)
|
(0)
|
34
|
70
|
90
|
70
|
56
|
27
|
(39)
|
(16)
|
30
|
27
|
120
|
74
|
|
Total Other Income |
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(6)
|
(11)
|
(11)
|
(15)
|
(17)
|
(13)
|
(11)
|
(9)
|
(8)
|
(8)
|
(9)
|
(11)
|
(14)
|
(17)
|
(20)
|
(23)
|
(22)
|
|
Pre-Tax Income |
348
N/A
|
348
+0%
|
367
+5%
|
280
-24%
|
254
-9%
|
235
-8%
|
241
+3%
|
309
+28%
|
360
+16%
|
358
-1%
|
356
0%
|
352
-1%
|
375
+7%
|
389
+4%
|
385
-1%
|
377
-2%
|
360
-5%
|
359
0%
|
359
0%
|
372
+4%
|
325
-13%
|
315
-3%
|
305
-3%
|
250
-18%
|
126
-50%
|
(230)
N/A
|
(280)
-22%
|
(229)
+18%
|
(26)
+89%
|
379
N/A
|
518
+37%
|
625
+21%
|
677
+8%
|
690
+2%
|
659
-4%
|
566
-14%
|
522
-8%
|
518
-1%
|
487
-6%
|
564
+16%
|
536
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(14)
|
(15)
|
(7)
|
(3)
|
(1)
|
3
|
(4)
|
(5)
|
(6)
|
(9)
|
(16)
|
(5)
|
(8)
|
(9)
|
(3)
|
(15)
|
(13)
|
(11)
|
(13)
|
(21)
|
(19)
|
(19)
|
(18)
|
10
|
12
|
18
|
20
|
4
|
(1)
|
(10)
|
(17)
|
(17)
|
(22)
|
(23)
|
(28)
|
(25)
|
(29)
|
(28)
|
(22)
|
(31)
|
(21)
|
|
Income from Continuing Operations |
334
|
334
|
360
|
277
|
254
|
237
|
237
|
305
|
353
|
349
|
340
|
347
|
367
|
380
|
382
|
362
|
347
|
348
|
346
|
351
|
306
|
296
|
287
|
260
|
138
|
(212)
|
(260)
|
(225)
|
(27)
|
369
|
501
|
607
|
655
|
667
|
632
|
542
|
493
|
490
|
464
|
534
|
515
|
|
Net Income (Common) |
334
N/A
|
334
+0%
|
360
+8%
|
277
-23%
|
254
-8%
|
237
-7%
|
237
+0%
|
305
+28%
|
353
+16%
|
349
-1%
|
340
-2%
|
347
+2%
|
367
+6%
|
380
+4%
|
382
+0%
|
362
-5%
|
347
-4%
|
348
+0%
|
346
-1%
|
351
+1%
|
306
-13%
|
296
-3%
|
287
-3%
|
260
-9%
|
138
-47%
|
(212)
N/A
|
(260)
-23%
|
(225)
+13%
|
(27)
+88%
|
369
N/A
|
501
+36%
|
607
+21%
|
655
+8%
|
667
+2%
|
632
-5%
|
542
-14%
|
493
-9%
|
490
-1%
|
464
-5%
|
534
+15%
|
515
-4%
|
|
EPS (Diluted) |
1.35
N/A
|
1.35
N/A
|
1.46
+8%
|
1.12
-23%
|
1.03
-8%
|
0.97
-6%
|
0.97
N/A
|
1.25
+29%
|
1.45
+16%
|
1.47
+1%
|
1.46
-1%
|
1.47
+1%
|
1.59
+8%
|
1.68
+6%
|
1.7
+1%
|
1.61
-5%
|
1.58
-2%
|
1.63
+3%
|
1.66
+2%
|
1.66
N/A
|
1.46
-12%
|
1.44
-1%
|
1.4
-3%
|
1.27
-9%
|
0.69
-46%
|
-1.06
N/A
|
-1.32
-25%
|
-1.14
+14%
|
-0.14
+88%
|
1.86
N/A
|
2.53
+36%
|
3.07
+21%
|
3.44
+12%
|
3.58
+4%
|
3.46
-3%
|
2.93
-15%
|
2.74
-6%
|
2.75
+0%
|
2.64
-4%
|
3.03
+15%
|
3.04
+0%
|