Gildan Activewear (GIL) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, FY19 EPS Mid-Point Guidance Below Consensus

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/24/2026

1. SPCX
2. FDX
3. META
4. ABBV
5. SPY
6. IBM
7. NKE
8. MU
9. PFE
10. AWK

Go back to Gildan Activewear (GIL) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, FY19 EPS Mid-Point Guidance Below Consensus

Gildan Activewear Reports Strong Results for the Fourth Quarter of 2018

February 21, 2019 7:02 AM EST

Q4 2018 GAAP diluted EPS of $0.29, up 16%, adjusted diluted EPS1 of $0.43, up 39%  over last year and in-line with  Company guidanceNet sales of $742.7 million, up 13.6% in the quarter driven by activewear growth of 22%Operating margin and adjusted operating margin1 up 100 and 230 basis points, respectively, over prior year driven by 300 basis point improvement in SG&A as a percentage of salesStrong free cash flow1 in Q4 drives full year free cash flow of $429 millionProjected GAAP EPS and adjusted diluted EPS growth for 2019 of 17% and 10%, respectively, at midpoint of guidance, on projected sales growth in the mid-single-digit rangeCompany... More