Gildan Activewear Inc

GIL: XTSE (CAN)
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Gildan Earnings: In-Line Results and Guidance Hold Despite Trade War; Shares Undervalued

Led by 9.3% sales growth in activewear (91% of total), Gildan reported a 2.3% first-quarter sales increase. Adjusted gross and operating margins each rose by about 1 percentage point to 31.2% and 19.0%, respectively.

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