- DPA
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|
Gildan Activewear Inc. announced
earnings for fourth quarter that decreased from the same period last
year.
The company’s earnings came in at 32.51 million US-dollar or 0.16 US-dollar
per share.
This compares with 59.55 million US-dollar or 0.29 US-dollar per share, in
last year’s
fourth quarter.
Excluding items, Gildan Activewear Inc. reported adjusted earnings of
83.4 million US-dollar or 0.41 US-dollar per share for the period.
Analysts had expected the company to earn 0.41 US-dollar per share,
according
to figures compiled by Thomson Reuters. Analysts’ estimates typically
exclude special items.
The company’s revenue for the quarter fell 11.3 percent to 658.67
million US-dollar
from 742.75 million US-dollar last year.
Gildan Activewear Inc. earnings at a glance:
- Earnings (Q4): $83.4 Mln. vs. $88.9 Mln. last year.
- EPS (Q4): $0.41 vs. $0.43 last year.
- Analysts Estimate: $0.41
- Revenue (Q4): $658.67 Mln vs. $742.75 Mln last year. (dpa)
