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Canadian clothier Gildan Activewear posts Q4 FY20 sales of $690 mn - Vimarsana News

Canadian clothier Gildan Activewear posts Q4 FY20 sales of $690 mn

Fibre2Fashion Toggle navigation 08 Pic: Gildan Activewear Gildan Activewear, a Canadian manufacturer of branded clothing, posted 4.8 per cent sales growth to $690.2 million in its fourth quarter (Q4) fiscal 2020 ended on January 3, 2021 compared to sales of $658.7 million in the same period last fiscal. The company’s net earnings for the quarter increased to $67.4 million (Q4 FY19: $32.5 million).   “Our Back to Basics strategy put us on a sound footing going into the pandemic and the additional actions we have taken during 2020 have enhanced our compe...

Gildan highlights strong Q4 despite annual loss - Vimarsana News

Gildan highlights strong Q4 despite annual loss

Gildan highlights strong Q4 despite annual loss Published: 12 March 2021 Montreal - Even as one of the world's largest suppliers of casualwear and socks, Gildan Activewear has demonstrated that even a company of its size is not invulnerable to the impact of the coronavirus pandemic. Announcing its fourth quarter and full year results, the Montreal firm has reported a US$225.3 million loss for 2020, down from a net profit of $259.8 million in 2019. Encouragingly, with the impact of the pandemic on operations clear on the company’s sales, which were $1.98 billion, down 30 per ce...

Gildan Activewear Inc (GIL) Q4 2020 Earnings Call Transcript - Vimarsana News

Gildan Activewear Inc (GIL) Q4 2020 Earnings Call Transcript

Gildan Activewear Inc (GIL) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Gildan Activewear Inc (NYSE: GIL) Popular Searches Operator Ladies and gentlemen, thank you for standing by, and welcome to the Q4 2020 Gildan Activewear Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Ms. Sophie Argiriou. Thank you. Please go ahead. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish...

Source: msn.com