August 1, 2019 – Gildan Activewear Inc. (GIL: TSX and NYSE) reported sales of US$802 million in the second fiscal quarter, which set another second quarter record, were up approximately 5% over last year.

The company reported that activewear sales grew 6.5% to US$665.6 million, driven by higher unit sales volumes of fashion basics and fleece, coupled with volume growth in global lifestyle brand products and higher e-commerce sales volume, in addition to higher net selling prices and a more favourable product mix.

Year-to-Date Results

Net sales for the six months ended June 30, 2019 totaled US$1,425.6 million, up 1.0% from net sales of $1,411.5 million for the same period last year, reflecting an increase of 1.7% in activewear sales, partly offset by a 2.0% decline in the hosiery and underwear category.