Company Earnings Update 3 minutesRegister for Free AccessGildan (NYSE: GIL) 4Q18 Results: Activewear Drives Strong Revenue Growth Coresight Research February 22, 2019 Executive Summary Gildan 4Q18 sales rose 13.6% driven by a 22.3% increase in activewear sales reflecting higher fleece shipments along with higher net selling prices. Adjusted operating margin expanded 230 bps due to a 300 bps decline in the SG&A expense ratio. The company’s 2019 outlook includes a 10% increase in adjusted EPS and mid-single-digit sales growth. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Innovator Profile: bops—Enhancing Retail Efficiency Through Collaborative Inventory IntelligenceWeekly US and UK Store Openings and Closures Tracker 2024, Week 16: 7-Eleven Announces Over 200 Store Openings and ClosuresGlobal Fast Fashion: Market Poised for Strong Growth, but Sustainability Challenges Remain3Q23 US Earnings Season Wrap-Up: Mixed Performances Amid Weak Demand and Economic Uncertainty
