Gildan Activewear (GIL) Tops Q4 EPS by 24c
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Gildan Activewear Reports Fourth Quarter and Full Year 2020 Results
February 25, 2021 7:00 AM EST(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
"Back to Basics" drives strong Q4 performance despite pandemic and weather-related eventsQ4 sales of $690 million, up 4.8% over prior year reflecting strong recovery from Q3 2020GAAP diluted EPS of $0.34; Adjusted diluted EPS1 of $0.45, up 9.8% from 2019Operating margin of 11.4%; Adjusted operating margin1 of 15.3%, up 310 bps from Q3 2020 and 120 bps year-over-yearRecord free cash flow1 of $278 million in quarter, $358 million for full yearInclusion... More