Gildan Activewear’s (TSX:GIL) sales recover in Q3 2020

1 min read | October 29, 2020 03:28 PM GMT | By Team Kalkine Media

 

  • The apparel company’s sales revenue recovered to US$602 million in Q3, up from US$230 million quarter-over-quarter, but down by 18.6 per cent year-over-year.
  • Gildan liquidity position at the end of the quarter stood at US$1.3 billion.
  • Gross profit decreased by 33.2% year-over-year to US$135.5 million.

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