Gildan Activewear (GIL) Reports In-Line Q3 EPS

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Go back to Gildan Activewear (GIL) Reports In-Line Q3 EPS

Gildan Activewear Announces Results for Third Calendar Quarter of 2015 and Updates Full Year Guidance

November 12, 2015 7:02 AM EST

MONTREAL, QUEBEC -- (Marketwired) -- 11/12/15 -- Gildan Activewear Inc. (TSX: GIL)(NYSE: GIL) today announced its results for the three months ended October 4, 2015, and updated its sales and earnings guidance for calendar year 2015. Adjusted diluted EPS for the third calendar quarter was in-line with the Company's previous guidance. Results for the fourth calendar quarter are expected to be significantly in excess of earnings in the fourth calendar quarter of any previous year, as the Company benefits from manufacturing cost reductions from its capital expenditure programs and lower cotton costs,... More