![]() ![]() Gildan finished the year with strong sales growth of 11.2% in the fourth quarter, driven primarily by a strong finish in Printwear, where sales grew 27.6% in the quarter or 22.5% on an organic basis, excluding the impact of the American Apparel acquisition early in 2017. In addition, the Company announced a 20% increase in the amount of its quarterly dividend and the renewal of its normal course issuer bid to repurchase up to 5% of its issued and outstanding common shares. Gildan also announced the implementation of an organizational realignment and related executive management changes. (TSX:GIL) (NYSE:GIL) today announced results for the fourth quarter and year ended December 31, 2017, and initiated guidance for 2018. ![]() ![]() dollars except where otherwise indicated) Renewal of normal course issuer bid to repurchase up to 5% of issued and outstanding common shares.Sixth consecutive annual 20% increase in quarterly dividend.2018 guidance provides for low to mid-single digit sales growth and adjusted diluted EPS of $1.80 to $1.90.Company announces organizational consolidation to drive greater operational efficiency and reduce costs.Company reports another record year of free cash flow totaling $519 million.Full year 2017 GAAP diluted EPS of $1.61 adjusted diluted EPS of $1.72, up 14% over the prior year and at top end of guidance range.Fourth quarter GAAP diluted EPS of $0.25 and adjusted diluted EPS of $0.31.Net sales increase of 11.2% in the quarter reflecting strong double-digit growth in Printwear. ![]()
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