Q3 NET RISES 13% AT GILDAN ACTIVEWEAR.
Results for the period ended July 6 benefited from anextra week, a 14% increase in unit sales and higher gross margins. Lowerselling prices and a weaker U.S. dollar were negative impacts. Gildan ismaintaining its FY03 forecast of EPS of C$2.70-2.80 ($2.02-2.09, $59.2-61.3mm).
Q2 net income was C$31,252,000 ($23.4 mm). Quarterlyrevenues rose 4% to C$204,047,000 ($152.5 mm) ... Log in to view full article.