Gildan Activewear News

While there was little surprise at last week's Ira Sohn investment conference, some of the world's top hedge fund managers still offered compelling cases for investment ideas.

A couple of interesting ideas have already come out from the speakers at the Ira Sohn conference, where some of the biggest names in the investment, and particularly the hedge fund, world gather every year.

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The firm currently has an "outperform" rating on the stock. The analysts wrote, "We believe that management continues to position the company well for long-term growth in both the core wholesale channel and also the retail segment.

Gildan Activewear today reported a drop in second-quarter net earnings on the back of higher cotton costs.

Good day, ladies and gentlemen, and welcome to the Q2 2012 Gildan Activewear Earnings Conference Call.

The Toronto stock market was slightly lower Thursday amid strong earnings reports and positive news on the employment front.

Gildan Activewear Inc. reported a lower profit Thursday for its second quarter and said it is buying t-shirt and sports shirt supplier Anvil Holdings Inc.

Clothing maker Gildan Activewear Inc reported a 56 percent drop in quarterly earnings on Thursday on significantly higher cotton costs.