05/08/2024
Gildan sales outside North America rise by 7% in Q2
Canadian activewear company Gildan reported a 41 percent increase in Q2 operating income to $195.5 million versus $138.7 million for the period ended June 30. Adjusted Ebitda was 36 percent higher year-over-year at $232.3 million, but net income tumbled by 62 percent to $58.4 million from $155.3 million.
Canadian activewear company Gildan reported a 41 percent increase in Q2 operating income to $195.5 million versus $138.7 million for the period ended June 30. Adjusted Ebitda was 36 percent higher year-over-year at $232.3 million, but net income tumbled by 62 percent to $58.4 million from $155.3 mil...