Gildan Activewear (GIL) Reports In-Line Q3 EPS, Offers Guidance
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Gildan Activewear Reports Third Quarter Results and Updates Full Year Guidance
November 1, 2018 7:01 AM EDTQ3 GAAP diluted EPS of $0.55, up 5.8%, and adjusted diluted EPS1 of $0.57, up 7.5% over last yearNet sales increase of 5% driven by double digit growth in activewearContinued growth momentum in imprintable fashion basicsInternational sales up 28% for the quarter150 basis points of SG&A leverageFree cash flow1 of $118.4 million generated in the quarterCompany secures large private label underwear program for 2019Company updates guidance for the full year Â
1Â Please refer to "Definition and reconciliation of non-GAAP financial measures" in this press release.
MONTREAL, Nov. 01, 2018 (GLOBE NEWSWIRE) --
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