Gildan: Q3 Earnings Snapshot

Published 1 week ago Positive
Gildan: Q3 Earnings Snapshot
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MONTREAL (AP) — MONTREAL (AP) — Gildan Activewear Inc. (GIL) on Wednesday reported third-quarter profit of $120.2 million.

On a per-share basis, the Montreal-based company said it had net income of 80 cents. Earnings, adjusted for non-recurring costs, were $1 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.

The apparel maker posted revenue of $910.6 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIL at https://www.zacks.com/ap/GIL

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