Gildan Activewear Will Hold its 2009 First Quarter Results Conference Call at 5:00 PM EST on February 11, 2009 and its Annual Me
January 30 2009 - 5:17PM
Marketwired
Friday, January 30, 2009 - Gildan Activewear Inc. (TSX: GIL)(NYSE
Alternext US: GIL) will report its fiscal 2009 first quarter
results on Wednesday, February 11, 2009. A press release will be
issued after market close and a conference call is scheduled for
that same day at 5:00 PM EST to discuss the Company's results and
business outlook. The Company will hold its annual meeting of
shareholders at the Centre Mont-Royal, in Montreal, Quebec, on
Thursday, February 12, 2009, at 11:00 AM EST.
As previously disclosed in the Company's 2008 MD&A, the
Company is adopting, with effect from the first quarter of fiscal
2009, certain changes in accounting policies pursuant to recent
changes in Canadian GAAP. These changes include the requirement to
include depreciation expense related to manufacturing activities in
cost of sales. In addition, the Company is reclassifying certain
other items in its statement of earnings and comprehensive income.
All of these changes are being applied retrospectively to
comparative figures presented for prior periods. Historical
statements of earnings and comprehensive income, recast to reflect
the impact of the above changes, will be set out in the investor
relations section of the Company's website, starting on February 6,
2009, and will be accessible at the following address:
http://gildan.com/corporate/IR/financialStatement.cfm.
The first quarter results conference call can be accessed by
dialing (800) 261-3417 (Canada & U.S.) or (617) 614-3673
(international) and entering passcode 13357882, or by live sound
webcast on Gildan's Internet site ("Investor Relations" section) at
the following address:
http://gildan.com/corporate/IR/webcastPresentations.cfm. If you are
unable to participate in the conference call, a replay will be
available starting that same day at 8:00 PM EST by dialing (888)
286-8010 (Canada & U.S.) or (617) 801-6888 (international) and
entering passcode 68475073, until Wednesday, February 18, 2009 at
midnight, or by sound webcast on Gildan's Internet site for 30
days. The annual meeting of shareholders will be transmitted live
by sound webcast on the Company's website at the same address as
above. A replay will be available the next day on Gildan's Internet
site for 30 days.
Profile
Gildan is a vertically-integrated marketer and manufacturer of
quality branded basic apparel. The Company is the leading supplier
of activewear for the screenprint channel in the U.S. and Canada.
It is also a leading supplier to this market in Europe, and is
establishing a growing presence in Mexico and the Asia-Pacific
region. The Company sells T-shirts, sport shirts and fleece in
large quantities to wholesale distributors as undecorated "blanks",
which are subsequently decorated by screenprinters with designs and
logos. Consumers ultimately purchase the Company's products, with
the Gildan label, in venues such as sports, entertainment and
corporate events, and travel and tourism destinations. The
Company's products are also utilized for work uniforms and other
end-uses to convey individual, group and team identity. The Company
is also a leading supplier of private label and Gildan branded
socks primarily sold to mass-market retailers. In addition, Gildan
has an objective to become a significant supplier of men's and
boys' underwear and undecorated activewear products to mass-market
retailers in North America.
Contacts: Gildan Activewear Inc. Sophie Argiriou Director,
Investor Communications 514-343-8815 sargiriou@gildan.com
Gildan Activewear (TSX:GIL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Gildan Activewear (TSX:GIL)
Historical Stock Chart
From Jul 2023 to Jul 2024