Gildan Activewear (TSE:GIL) has released an update.
Gildan Activewear reported a record third-quarter revenue of $891 million, showcasing a 2.4% increase compared to the previous year, and a strong operating margin of 21.7%. The company attributed this growth to robust sales in its Activewear segment and international markets, despite challenges in its Hosiery and underwear category. Gildan also returned a record $404 million to shareholders through dividends and share repurchases, reflecting its commitment to delivering value to stakeholders.
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