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GIL Gildan Activewear News Story

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Gildan Activewear Inc reports results for the quarter ended June 30 - Earnings Summary

Gildan Activewear Inc GIL.TO reported quarterly adjusted earnings of 97 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 74 cents.  The mean expectation of seven analysts for the quarter was for earnings of 95 cents per share. Wall Street expected results to range from 91 cents to 98 cents per share.

Revenue rose 6.5% to $918.50 million from a year ago; analysts expected $907.09 million.

Gildan Activewear Inc's reported EPS for the quarter was 91 cents​.

The company reported quarterly net income of $137.9 million.

Gildan Activewear Inc shares had risen by 6.5% this quarter and gained 5.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is also "buy"

This summary was machine generated from LSEG data July 31 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.950.97Beat
Mar. 31 20250.570.59Beat
Dec. 31 20240.810.83Beat
Sep. 30 20240.840.85Beat

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