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Gildan Activewear reports Q1 adjusted EPS 45c, consensus 51c
The Fly

Gildan Activewear reports Q1 adjusted EPS 45c, consensus 51c

Reports Q1 revenue $702.9M, consensus $699.72M. "We are pleased with our top line results having met our sales expectations for the quarter" said Glenn Chamandy, Gildan’s president and CEO. "Moreover, even though the economic environment remains uncertain, we remain comfortable with our full year outlook given our strong competitive position, which we are reinforcing with the Gildan Sustainable Growth (GSG) strategy, and POS trends across our business coming in line with our expectations during the first quarter".

Published first on TheFly

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