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Stock impact report

Gildan Activewear Reports Record Results for the Second Quarter of 2022

Gildan Activewear, Inc. Class A Sub. Vot. (GIL) 
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: gildancorp.com/investors-landing-page
Company Research Source: GlobeNewswire
(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 Record sales of $896 million, up 20% over prior yearOperating margin of 19.4% and adjusted operating margin1 of 19.6%Record GAAP diluted EPS of $0.85, adjusted diluted EPS1 of $0.86 up 27% over Q2 2021Cash flows from operating activities of $210 million and strong free cash flow1 of $159 million in the quarterCompany announces renewal of Normal Course Issuer Bid to repurchase up to 5% of outstanding sharesGildan named one of Canada’s Top 50 Corporate Citizens by Corporate Knights MONTREAL, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the second quarter ended July 3, 2022. “We are pleased with our record sales and earnings for the quarter, underpinned by the Gildan sustainable growth strategy, including our focus on innovation and ESG,” said Glenn J. Cha Show less Read more
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