Benzinga | Jul 30, 2020 07:11AM EDT

Gildan Activewear Q2 EPS $(1.26) Misses $(0.30) Estimate, Sales $229.70M Miss $242.52M Estimate

Gildan Activewear (NYSE:GIL) reported quarterly losses of $(1.26) per share which missed the analyst consensus estimate of $(0.30) by 320 percent. This is a 325 percent decrease over earnings of $0.56 per share from the same period last year. The company reported quarterly sales of $229.70 million which missed the analyst consensus estimate of $242.52 million by 5.29 percent. This is a 71.34 percent decrease over sales of $801.60 million the same period last year.