CANADA: Gildan Activewear Q1 profit soars five-fold

By just-style.com | 10 February 2010

T-shirt and underwear maker Gildan Activewear Inc has reconfirmed its outlook for the year after booking a five-fold hike in first quarter profit helped by strong activewear sales and lower production costs.

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CANADA: Gildan boosts outlook as Q2 profit soars
A strong recovery in its activewear and underwear sales has helped Gildan Activewear Inc to a nearly six-fold hike in second quarter profit, leading it to raise its guidance for the year.

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