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Companies that reported earnings this week
Gildan
Loblaw
Walmart
Gildan Activewear reports $132.3M Q4 profit, raises dividend 10%
Source: Google
Gildan (TSE: GIL)
(All figures in U.S. dollars.)
Q4 profit: $132.3 million or 86 cents per diluted share, down from $153.3 million or 89 cents per diluted share a year earlier.
Net sales: $821.5 million, up from $782.7 million a year earlier.
Gildan Activewear Inc. raised its dividend as it reported a fourth-quarter profit of $132.3 million. (All figures in U.S. dollars.)
The clothing maker said Wednesday it will pay a quarterly dividend of 22.6 cents per share, up from 20.5 cents.
The increased payment came as Gildan, which keeps its books in U.S. dollars, said it earned 86 cents per diluted share for the quarter ended Dec. 29 compared with a profit of $153.3 million or 89 cents per diluted share a year earlier.
Net sales for the quarter totalled $821.5 million, up from $782.7 million.
On an adjusted basis, Gildan says it earned 83 cents per diluted share in its latest quarter, up from an adjusted profit of 75 cents per diluted share a year earlier…
