Gildan Activewear Inc. (GIL) reported second quarter EPS of $0.06 Thursday morning, compared to the consensus estimate of $0.10. Net sales came in at $244.8 million, which was above the consensus estimate of $226.42 million.
Gildan Activewear Inc. traded sharply to the upside until around mid-morning Thursday. The stock closed up by $2.19 at $13.04 on above average volume. Gildan Activewear climbed above a one-month range and set a 5-month high.
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