Gildan Activewear (GIL) Tops Q2 EPS by 18c

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Go back to Gildan Activewear (GIL) Tops Q2 EPS by 18c

Gildan Activewear Reports Strong Second Quarter 2021 Results and Reinstates Share Repurchase Program

August 5, 2021 7:00 AM 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* Due to the significant impact of COVID-19 on prior year figures, certain comparisons to 2019 (pre-Covid-19 year) are included for additional context

Continued momentum from "Back to Basics" benefits and economic recovery drives strong performance in quarterSales of $747 million, despite supply chain constraintsStrong operating margin of 21.4%, adjusted operating margin1 of 19.9%GAAP diluted EPS of $0.74, and adjusted diluted EPS1 of $0.68 up 21% over Q2... More