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Gildan Activewear (Christinne Muschi for The Globe and Mail)
Gildan Activewear (Christinne Muschi for The Globe and Mail)

Gildan Activewear profit, sales rise Add to ...

Apparel manufacturer Gildan Activewear Inc. (TSX:GIL) says its third-quarter profits rose to US$94.1 million as it posted higher sales.

Gildan, which reports in U.S. dollars, said the net income was equal to 77 cents per share.

That compares to profits of $64.7 million, or 53 cents per share a year ago.

Sales increased 34 per cent to $529.8 million from $395.3 million.

06:56ET 04-08-11

Story ID: B1386 (Via Satellite Feed)

Manufacturing, Business

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