Gildan Activewear (GIL) Misses Q1 EPS by 5c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/29/2026

1. NOW
2. MSFT
3. GOOGL
4. FTNT
5. EBAY
6. TENB
7. CMG
8. KLAC
9. BIIB
10. ETSY

Go back to Gildan Activewear (GIL) Misses Q1 EPS by 5c

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