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Article Date: August 2003
Word Count: 110

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.

 


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