– Fourth Quarter Adjusted EPS of U.S. $0.83 at High End of Prior Guidance – Adjusted EPS Guidance for Fiscal 2014 Initiated at U.S. $3.00-$3.10 – Announcement of Further New Branded Retail Programs and Brand License – Capital Expenditures of U.S. $300-$350 Million Projected for Fiscal 2014, Including New Yarn-Spinning Facilities and Initial Investment in New Textile Facility – Capital Investments in Major Cost Reduction Projects Expected to Generate Savings Starting in Fiscal 2015 – 20% Increase
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MONTREAL, QUEBEC — (Marketwired) — 11/07/13 — Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) will report its fiscal 2013 fourth quarter and full year results on Thursday, November 21, 2013. A press release will be issued before market open and a conference call is scheduled for that same day at 8:30 AM ET to discuss the Company-s results and business outlook.The fourth quarter results conference call can be accessed by dialing (800) 447-0521 (Canada & U.S.) or (847) 413-3238 (internationa
SUGAR LAND, TX — (Marketwired) — 11/06/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — Recent news that Parkdale Mills (Gasonia, North Carolina), one of the largest processors of cotton in the U.S., would be expanding a textile mill in Rabun Gap, Georgia, is an example of one of many to begin construction this year in the Peach State. There are 382 active projects totaling almost $34 billion in Georgia, according to research conducted by Industrial Info.For details, view
MONTREAL, QUEBEC — (Marketwired) — 10/29/13 — Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) today announced the appointment of Mr. Russ Hagey to its Board of Directors, effective Friday, November 1st, 2013.Mr. Hagey is a Senior Partner and the Worldwide Chief Talent Officer of Bain & Company, Inc., one of the world-s leading management consulting firms. He joined the firm in 1982 and has worked in its San Francisco, Los Angeles, Zurich, and Amsterdam offices. As Chief Talent Officer, Mr.
COSTA MESA, CA — (Marketwired) — 10/21/13 — Vitamin Blue, Inc. (OTCQB: VTMB) is pleased to announce that it-s expanding its core business to offer grow tents for medical marijuana purposes. CEO Frank Ornelas stated, "We are looking for a new way to add to our bottom line. With the increase in states where medical marijuana is legal Vitamin Blue wants to be one of the first pioneers in specializing in grow tents to meet the rapid demand."Vitamin Blue Grow Tents will be professionall
FREMONT, CA — (Marketwired) — 10/04/13 — AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Raymond A. Low, vice president and chief financial officer, will be resigning his position with AXT to pursue another executive opportunity, effective Oct. 14, 2013. For a transition period, Mr. Low has agreed to continue to support the company as a consultant while the company completes a search to fill the CFO position."Raymond has been a
COSTA MESA, CA — (Marketwired) — 10/02/13 — Vitamin Blue, Inc. (OTCQB: VTMB) is pleased to announce that the June quarter of 2013 had record numbers for VTMB shareholders. CEO Frank Ornelas comments "Sales for our June 2013 quarter were up 37% year over year."In addition, Vitamin Blue management initiated a new business model that will include the sale of trendy Hemp Clothing to the SUP/ Surfing community by the subsidiary Vitamin Green. The vision for Vitamin Blue still remains th
MONTREAL, QUEBEC — (Marketwired) — 09/23/13 — Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) announced today that it is evaluating potential sites in the Southern U.S. for the construction of two additional yarn-spinning facilities, to support its projected sales growth and further reinforce its position as a global low-cost manufacturer. The facilities will be built with the most modern product technology, which will continue to differentiate the product quality of Gildan® branded produc
MONTREAL, QUEBEC — (Marketwired) — 09/16/13 — Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) today announced that the Company is one of only two North American companies to be included in the Dow Jones Sustainability World Index in the Textiles, Apparel and Luxury Goods sector, with effect from September 23, 2013.The Dow Jones Sustainability Indices (DJSI) track the financial performance of the leading sustainability-driven companies worldwide. These indices serve as benchmarks for investors
