Gildan Activewear Q4 Adj. EPS $0.75 Beats $0.73 Estimate, Sales $783.00M Beat $764.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gildan Activewear (NYSE:GIL) reported Q4 adjusted EPS of $0.75, surpassing the $0.73 estimate, and sales of $783M, exceeding the $764.48M estimate. This represents a 15.38% increase in earnings and an 8.75% increase in sales compared to the same period last year.
February 21, 2024 | 11:55 am
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Gildan Activewear reported a Q4 adjusted EPS of $0.75, beating estimates, and sales of $783M, also above expectations. Year-over-year, earnings and sales saw significant increases.
Gildan Activewear's reported earnings and sales not only surpassed analyst expectations but also showed substantial growth compared to the previous year. This positive performance, especially in beating both earnings and sales estimates, is likely to instill investor confidence and could lead to a short-term positive impact on GIL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100