CANADA: Gildan Q1 net down 3.6% despite sales spike
Author: just-style.com | 1 February 2007
A restructuring charge pulled Gildan Activewear's first-quarter earnings below year-ago levels, despite a surge in sales due to an acquisition in the hosiery sector.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
More articles related to this one
CANADA: Activewear maker Gildan gets FLA accreditation
T-shirt and fleece maker Gildan Activewear Inc has become first basic activewear apparel manufacturer to be accredited by the Fair Labor Association - a decision that marks a huge turnaround for the Montreal-based firm.
CANADA: Gildan Activewear to shut two sock plants, cut 520 jobs
Gildan Activewear Inc is to close two sock facilities in Mount Airy, North Carolina with the loss of 520 jobs as it continues plans to consolidate sock production at its new facility in Honduras.
CANADA: Restructuring charges dent Gildan Activewear's Q2 profit
T-shirt and underwear maker Gildan Activewear Inc today (3 May) reported a slump in its second-quarter profit as it was hit by charges relating to the restructuring of its manufacturing facilities in Canada and Mexico.
