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Easing Cost Pressures Help Gildan Get Back on Track

Sourcing Summit NY — Join us on Oct. 17 for the must-attend apparel supply chain conference.

Higher raw material and other input costs hit Gildan’s bottom line in the second quarter, as activewear pumped up sales. In a Nutshell: Gildan Activewear Inc. said sales for the second quarter returned to a growth trajectory, generating an 8 percent increase in adjusted diluted earnings per share (EPS) of 56 cents over the prior-year…

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