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Article Date: March 2018
Word Count: 209

Gildan Maps 2018 Growth Plan

Gildan expects 2018 sales to increase low- to mid-single digits driving adjusted EBITDA of $595 to $620 million and adjusted earning per share of $1.80 to $1.90, it detailed in a presentation at its annual investor day. In the fashion basics category, GIL is targeting double-digit growth this year, powered by its portfolio of fashion brands and expanding SKUs by 20%, including the introduction of the Gildan Hammer collection of ultra-premium heavyweight Ts. American Apparel revenue is forecast to double driven by direct-to-consumer and expanded franchising and licensing opportunities in other channels and products. Ultimately it sees American Apparel as ... Log in to view full article.


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