NEW YORK — Surging sales allowed Gildan Activewear Inc. to easily eclipse analysts’ expectations in the fourth quarter.
For the three months ended Sept. 29, the Montreal-based T-shirt and knitwear manufacturer reported net income of $12.5 million, or 43 cents a diluted share. That compares with last year when the company sustained a net loss of $24.9 million, or 87 cents. Earnings per share overran Wall Street’s forecast by 3 cents.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"