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Hosiery and Underwear Lift a Down Quarter for Gildan

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While Gildan reported that the third quarter results were better than the second, sales and earnings were still down from last year.
Gildan T-shirts
CREDIT: Gildan

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While Gildan reported that the third quarter results were better than the second, sales and earnings were still down from last year. In a Nutshell: Gildan Activewear Inc. said despite ongoing Covid-19 impacts, sales in the three months through September nearly tripled compared to the second quarter and gross margin improved. In addition, Gildan said…

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