Marcello Caira - Gildan Activewear Independent Director

GIL Stock  CAD 69.90  0.27  0.39%   

Director

Mr. Marcello Caira serves as Independent Director of the company. Marc Caira is the ViceChairman of the Board of Directors of Restaurant Brands International Inc., a multinational quick service restaurant company. He also serves on the Board of Directors of Minto Group, a private real estate developer. Previously, Mr. Caira was President and Chief Executive Officer of Tim Hortons Inc., a multinational fast food restaurant, from 2013 to 2014, and he also served as a member of the Executive Board of Nestl S.A. in Switzerland, a transnational food and beverage company, and as Chief Executive Officer of Nestl Professional. Mr. Caira holds an Advanced Diploma in Marketing Management from Seneca College, Toronto and is a graduate of the Director Program at The International Institute for Management Development, Lausanne, Switzerland.. since 2018.
Age 64
Tenure 6 years
Address 600 de Maisonneuve Boulevard West, Montreal, QC, Canada, H3A 3J2
Phone514 735 2023
Webhttps://gildancorp.com

Gildan Activewear Management Efficiency

The company has return on total asset (ROA) of 0.1149 % which means that it generated a profit of $0.1149 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2371 %, meaning that it generated $0.2371 on every $100 dollars invested by stockholders. 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. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to 0.10. In addition to that, Return On Capital Employed is likely to drop to 0.20. At this time, Gildan Activewear's Other Current Assets are very stable compared to the past year. As of the 26th of November 2024, Other Assets is likely to grow to about 22.2 M, while Total Assets are likely to drop about 1.9 B.
Gildan Activewear has accumulated 1.08 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Gildan Activewear has a current ratio of 3.83, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become 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 a range of apparel products in North America, Europe, the Asia-Pacific, and Latin America. Gildan Activewear Inc. was incorporated in 1984 and is headquartered in Montreal, Canada. GILDAN ACTIVEWEAR operates under Apparel Manufacturing classification in Canada and is traded on Toronto Stock Exchange. It employs 45000 people. Gildan Activewear (GIL) is traded on Toronto Exchange in Canada and employs 49,000 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
Charles Herington, Independent Director
William Anderson, Independent Chairman of the Board
Lindsay Matthews, Vice President General Counsel, Corporate Secretary
Vincent Tyra, President CEO
Michael Hoffman, President - Sales, Marketing and Distribution
Anne MartinVachon, Independent Director
Craig Leavitt, Independent Director
Luc Jobin, 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
Elisabeth CPA, Director Communications
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, Senior Vice President - Yarn Spinning

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.

Pair Trading with Gildan Activewear

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gildan Activewear position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gildan Activewear will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gildan Stock

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The ability to find closely correlated positions to Gildan Activewear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gildan Activewear when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gildan Activewear - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gildan Activewear to buy it.
The correlation of Gildan Activewear is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gildan Activewear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gildan Activewear moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gildan Activewear can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Gildan Stock, please use our How to Invest in Gildan Activewear guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.