Gildan Activewear Announces Results for Second Calendar Quarter of 2015 and Updates Full Year Guidance

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Credit Suisse Downgrades Gildan Activewear (GIL) to Neutral

August 4, 2015 6:37 AM EDT

Credit Suisse downgraded Gildan Activewear (NYSE: GIL) from Outperform to Neutral with a price target of C$45.00 (from C$42.00).

Analyst D. Hartley commented, "Overall, GIL has stumbled a few times in past year-inventory writedown/price reductions in Q4/14, and now a significant revenue miss... More

Gildan Activewear (GIL) Misses Q2 EPS by 2c

July 31, 2015 7:27 AM EDT

Gildan Activewear (NYSE: GIL) reported Q2 EPS of $0.42, $0.02 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $714.2 million versus the consensus estimate of $760.61 million.

For earnings history and earnings-related data on Gildan Activewear (GIL) click here.

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