Gildan Activewear Q2 Adj. EPS $1.28 Beats $1.11 Estimate, Sales $1.583B Miss $1.609B Estimate

Gildan Activewear Inc.

Gildan Activewear Inc.

GIL

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Gildan Activewear (NYSE: GIL) reported quarterly earnings of $1.28 per share which beat the analyst consensus estimate of $1.11 by 15.32 percent. This is a 31.96 percent increase over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $1.583 billion which missed the analyst consensus estimate of $1.609 billion by 1.64 percent. This is a 72.35 percent increase over sales of $918.500 million the same period last year.