Gildan Activewear Inc

GIL: XNYS (USA)
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Gildan Earnings: Printwear Remains Strong as Hanesbrands Deal Nears Close; Shares Very Undervalued

Gildan's third-quarter sales grew 2% as a 5% increase in activewear sales offset continuing weakness in hosiery and underwear (down 22%). Its gross margin rose 250 basis points to 33.7% on manufacturing efficiencies and price hikes that exceeded incremental tariff costs.

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