• Record third quarter net sales of $891 million, up 2.4% vs. the prior year
• Operating margin of 21.7%, adjusted operating margin¹ of 22.4%
• GAAP diluted EPS of $0.82 and record third quarter adjusted diluted EPS¹ of $0.85
• Cash flow from operations of $178 million and free cash flow¹ of $149 million
• Record quarterly return of $404 million to shareholders through dividends and share repurchases 
• Company updates its full year 2024 guidance 

Montreal, Thursday, October 31, 2024 – Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the third quarter ended September 29, 2024. The Company also updated its Fiscal 2024 guidance.

"Gildan's Sustainable Growth Strategy (GSG) is clearly driving results, underscored by our record third quarter sales, including strong net sales growth of 6% in Activewear. Through the continued successful execution of our three strategic pillars— capacity expansion, innovation and ESG —we are not only further strengthening our competitive position but also driving top line growth and enhancing profitability. We remain deeply committed to delivering long-term value for our stakeholders and are excited about the opportunities that lie ahead" said Glenn J. Chamandy, Gildan’s President and CEO.

Read the full press release by clicking here.