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Gildan Activewear CEO Discusses Q4 2010 Results - Earnings Call Transcript

Gildan Activewear Inc. (GIL)

Q4 2010 Earnings Call

December 2, 2010 8:30 AM ET

Executives

Sophie Argiriou – Director, Investor Communications

Glenn Chamandy – President and Chief Executive Officer

Laurence Sellyn – EVP and Chief Financial and Administrative Officer

Analysts

Spencer Churchill – Paradigm Capital

Martin Landry – Desjardins Securities

Eric Tracy – FBR Capital Markets

Claude Proulx – BMO Capital Markets

Jessy Hayem – TD Securities

Mark Petrie – CIBC World Markets

Tal Woolley – RBC Capital Markets

David Glick – Buckingham Research

Vishal Shreedhar – UBS

Kenric Tyghe – Raymond James

Omar Saad – Credit Suisse

Presentation

Operator

Good day, ladies and gentlemen. And welcome to the Fourth Quarter 2010 Gildan Activewear Earnings Conference Call. My name is [Lacy], and I’ll be your coordinator for today. At this time, all participants are in listen-only mode. Later, we will facilitate a question-and-answer session towards the end of the presentation. (Operator Instructions)

As a reminder, this conference is being recorded for replay purposes. I would now like to turn the presentation over to your host for today’s call, Ms. Sophie Argiriou, Director of Investor Communications. Please proceed.

Sophie Argiriou

Thank you, Lacy. Good morning, everyone, and thank you for joining us. Earlier this morning we issued two press releases one announcing the initiation of our quarter dividend and normal course issuer bid and second announcing our earnings results for the fourth quarter and for the 2010 fiscal year.

We expect to file with the Canadian securities regulatory authorities and the U.S. Securities Commissions our report to shareholders containing Managements Discussion and Analysis and consolidated financial statements for the fiscal year ended 2010 on December 6th. These documents will also be made available on our website at www.gildan.com.

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