Gildan Activewear Reports Second Quarter 2019 Results and Updates 2019 Full Year Guidance
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Gildan Activewear (GIL) Tops Q2 EPS by 1c
August 1, 2019 7:39 AM EDTGildan Activewear (NYSE: GIL) reported Q2 EPS of $0.56, $0.01 better than the analyst estimate of $0.55. Revenue for the quarter came in at $801.6 million versus the consensus estimate of $792.99 million.
GUIDANCE:
Gildan Activewear sees 2019 EPS of $1.95-$2.00, versus the consensus of $1.97.
With results for the first half of 2019 tracking well within the Company's expectations, the Company reconfirmed its 2019 full year sales guidance projecting sales growth in the mid-single-digit range and updated its full year EPS and adjusted diluted EPS guidance to... More