By  on August 17, 2009

Gildan Activewear Inc. reported lower third-quarter earnings that beat analysts’ estimates and forecast its market share would rise next year.

In the three months ended July 5, profits at the Montreal-based T-shirt firm fell 23.8 percent to $41.5 million, or 34 cents a diluted share, from $54.5 million, or 45 cents a share, in the same period during fiscal 2008.

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