Below are the financial statements of Gildan Activewear, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Net sales | 3,270.59a | 3,195.91a |
| Cost of sales | -2,266.91a | -2,315.86a |
| Gross profit | 1,003.68a | 880.05a |
| Selling, general and administrative expenses | -390.77a | -330.39a |
| Gain on sale and leaseback | 0a | -25.01a |
| Net insurance gains | 0a | -74.17a |
| Restructuring and acquisition-related (recoveries) costs | -5.33a | -45.76a |
| Impairment (impairment reversal) of intangible assets | 0a | -40.77a |
| Operating income | 618.24a | 643.85a |
| Financial expenses, net | -104.15a | -79.67a |
| Earnings before income taxes | 514.09a | 564.18a |
| Income tax expense | -113.22a | -30.6a |
| Net earnings | 400.87a | 533.58a |
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