Gildan Activewear (GIL) Misses Q1 EPS by 5c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St subdued as markets pause after S&P record high; data, Mideast in focus
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Gildan Activewear Reports First Quarter 2020 Results
April 29, 2020 4:15 PM EDT(all amounts are in U.S. dollars except where otherwise indicated)(1)Please refer to "Definition and reconciliation of non-GAAP financial measures" in this press release
Q1 2020 sales of $459 million, GAAP diluted loss per share of $0.50, and adjusted diluted EPS1 of $0.06 per share, significantly impacted by the COVID-19-driven global economic slowdownCOVID-19-related impacts reflected in both GAAP loss and adjusted EPS for the quarter include: 340 basis point gross margin impact, or $0.08 per share, related to manufacturing idling and other costs during the quarterAllowance for expected credit... More