Home / Knowledge / News / Apparel/Garments / Q4FY17 sales climb 8.1% at Gildan Activewear
Q4FY17 sales climb 8.1% at Gildan Activewear
Mar '17
For the three months ended January 1, 2017, net sales at Canadian apparel retailer Gildan Activewear climbed 8.1 per cent to $587.9 million as against $543.8 in the corresponding quarter of the previous fiscal. The 8.1 per cent rise reflects sales increases of 14.4 per cent and 1.2 per cent in the Printwear segment and Branded Apparel segment, respectively.

In the fourth quarter of fiscal 2017, consolidated gross margin stood at 26.7 per cent, flat over the prior fiscal’s fourth quarter, as the benefits from lower raw material and other input costs were largely offset by lower net selling prices.

Operating margins and adjusted operating margins in the reporting quarter were same at 11.9 per cent, compared to 13.0 per cent and 13.2 per cent, respectively in the fourth quarter of fiscal 2016.

Net earnings were higher at $74.3 million or $0.32 per diluted share for the three months ended January 1, 2017, compared with net earnings of $67.6 million or $0.28 per share for the three months ended January 3, 2016. (AR)

Fibre2Fashion News Desk – India

Interviews View All

Smita Murarka, Amanté

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Nitin Soni, Dolphin Jingwei Machines

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Saket Garg, Garg Corporation

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Roz Guarnori,

Roz Guarnori

FESPA Global Print Expo 2019, to be held in Munich from May 14-17, is...

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Marcel Alberts, Eurofibers

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram


Follow Fibre2Fashion On

Follow Fibre2Fashion On

Advanced Search