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	<title>Stock Blog Hub &#187; GIL</title>
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		<title>(HBI) Hanesbrands&#8217; Analyst Downgrades to Neutral</title>
		<link>http://www.stockbloghub.com/2010/03/04/hbi-hanesbrands-analyst-downgrades-to-neutral/29797</link>
		<comments>http://www.stockbloghub.com/2010/03/04/hbi-hanesbrands-analyst-downgrades-to-neutral/29797#comments</comments>
		<pubDate>Thu, 04 Mar 2010 23:41:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Textile - Apparel Clothing]]></category>
		<category><![CDATA[GAP]]></category>
		<category><![CDATA[GIL]]></category>
		<category><![CDATA[Gildan Activewear Inc.]]></category>
		<category><![CDATA[Hanesbrands Inc.]]></category>
		<category><![CDATA[HBI]]></category>
		<category><![CDATA[Maidenform Brands Inc.]]></category>
		<category><![CDATA[MFB]]></category>
		<category><![CDATA[Nike Inc.]]></category>
		<category><![CDATA[NKE]]></category>
		<category><![CDATA[The Great Atlantic & Pacific Tea Company Inc]]></category>
		<category><![CDATA[Warnaco Group Inc.]]></category>
		<category><![CDATA[WRC]]></category>

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		<description><![CDATA[We recently downgraded the shares of Hanesbrands Inc. (HBI) from Outperform to Neutral. This is because intense competition from established players, a debt-heavy balance sheet and exposure to adverse foreign currency translations limit the above-market performance of the company. Hanesbrands faces intense competition in both domestic and international markets from other established players Incorporatedluding Berkshire Hathaway Inc. (BRKA and BRKB, through subsidiaries Russell Corp. and Fruit of the Loom Inc.), Nike Inc. (NKE), Adidas AG, Warnaco Group Inc. (WRC), Maidenform Brands Inc. (MFB) and Gildan Activewear Inc. (GIL). Moreover, the company also competes with private label products of specialty retailers, such as Victoria’s Secret, Old Navy and Gap (GAP). Consequently, the company is under severe stress to maintain profitability. The company’s balance sheet is highly levered, as indicated by a ]]></description>
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		<title>(GIL) Gildan Activewear&#8217;s First Quarter Tops Views</title>
		<link>http://www.stockbloghub.com/2010/02/12/gil-gildan-activewears-first-quarter-tops-views/27754</link>
		<comments>http://www.stockbloghub.com/2010/02/12/gil-gildan-activewears-first-quarter-tops-views/27754#comments</comments>
		<pubDate>Fri, 12 Feb 2010 17:38:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Textile - Apparel Clothing]]></category>
		<category><![CDATA[GIL]]></category>
		<category><![CDATA[Gildan Activewear Inc.]]></category>

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		<description><![CDATA[Gildan Activewear Inc. (GIL) reported fiscal 2010 first-quarter results after the closing bell on Tuesday. The company’s earnings surged to $28.0 million from $4.4 million posted in the year-ago period. Excluding certain special items, earnings per share came in at 24 cents, beating the Zacks Consensus Estimate by 2 cents. Gildan has a good record of surpassing the Zacks Consensus Estimate in the recent past, evident from an earnings beat in 3 of 4 previous quarters with an average positive surprise of 7.6%, or 2 cents. Analysts, on average, are moderately positive on the company’s earnings for the fiscal 2010 second quarter, sending the Zacks Consensus Estimate up a penny over the past 2 months to 33 cents per share. The Montreal-based company reported strong growth of 19.8% in fiscal ]]></description>
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		<title>(GIL) Gildan Activewear Beats Estimates by a Penny</title>
		<link>http://www.stockbloghub.com/2009/12/14/gil-gildan-activewear-beats-estimates-by-a-penny/22760</link>
		<comments>http://www.stockbloghub.com/2009/12/14/gil-gildan-activewear-beats-estimates-by-a-penny/22760#comments</comments>
		<pubDate>Tue, 15 Dec 2009 01:38:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Textile - Apparel Clothing]]></category>
		<category><![CDATA[GIL]]></category>
		<category><![CDATA[Gildan Activewear Inc.]]></category>

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		<description><![CDATA[Gildan Activewear Inc. (GIL) recently reported fiscal 2009 fourth quarter results. The company recorded earnings of $42.4 million, a growth of nearly 94% over $21.8 million posted in the year-ago period. Excluding a special income tax charge of $26.9 million, adjusted earnings in the prior year quarter was $49.7 million. Earnings per share during the quarter came in at 35 cents, edging past the Zacks Consensus Estimate by a penny. The company reported a 7.1% decline in net sales to $301.7 million in the quarter, compared to $324.7 million in the year-ago quarter. The decline was mainly caused by a 4.8% decrease in activewear and underwear sales to $240.8 million due to lower unit selling prices and volumes as a result of sluggish economic conditions, special discounts and unfavorable currency ]]></description>
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