Benzinga | Aug 5, 2021 07:52AM EDT

Gildan Activewear Q2 Adj. EPS $0.68 Beats $0.50 Estimate, Sales $747.20M Beat $702.61M Estimate

Gildan Activewear (NYSE:GIL) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.50 by 36 percent. This is a 168.69 percent increase over losses of $(0.99) per share from the same period last year. The company reported quarterly sales of $747.20 million which beat the analyst consensus estimate of $702.61 million by 6.35 percent. This is a 225.29 percent increase over sales of $229.70 million the same period last year.