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Stock impact report

Gildan Activewear Reports Fourth Quarter and Full Year 2017 Earnings at Top End of Guidance Range and Provides Outlook for 2018

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
Net sales increase of 11.2% in the quarter reflecting strong double-digit growth in PrintwearFourth quarter GAAP diluted EPS of $0.25 and adjusted diluted EPS of $0.31 Full year 2017 GAAP diluted EPS of $1.61; adjusted diluted EPS of $1.72, up 14% over the prior year and at top end of guidance range Company reports another record year of free cash flow totaling $519 million Company announces organizational consolidation to drive greater operational efficiency and reduce costs2018 guidance provides for low to mid-single digit sales growth and adjusted diluted EPS of $1.80 to $1.90Sixth consecutive annual 20% increase in quarterly dividend Renewal of normal course issuer bid to repurchase up to 5% of issued and outstanding common shares MONTREAL, Feb. 22, 2018 (GLOBE NEWSWIRE) -- (all amounts are in U.S. dollars except where otherwise indicated) Gildan Activewear Inc. (TSX:GIL) (NYSE:GIL) today announced results for the fourth quarter and year ended December 31, 2017, and initiate Show less Read more
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