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Gildan Activewear reports Q2 earnings soaring 136% to $137.9M, exceeding analyst predictions.
Gildan Activewear reported a 136% jump in Q2 earnings to $137.9 million, with net sales up 6.5% to $918.5 million.
Adjusted earnings per share reached $0.97, beating analyst expectations.
Despite tariff impacts, the company reaffirmed its full-year guidance, with adjusted earnings expected to grow 13-19% to $3.40-$3.56 per share.
Gildan anticipates low single-digit net sales growth in Q3, influenced by order shifts and global economic uncertainties.
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Gildan Activewear informa que las ganancias del segundo trimestre se dispararon un 136% a $137.9 millones, superando las predicciones de los analistas.