Company Earnings UpdateGildan (NYSE: GIL) 1Q19 Results: Updates Outlook, Announces International Capacity Expansion Coresight Research May 2, 2019 Executive Summary Gildan 1Q19 sales declined 3.6% to $623.9 million and adjusted EPS decreased 52.9% to $0.16, ahead of the consensus estimates of $599.8 million and $0.15, respectively. Gross margin was down 140 bps to 25.8% due to rising costs and unfavorable foreign exchange, partially offset by the positive impact from higher net selling prices and a more favorable product mix. The company reiterated its sales guidance of mid-single-digit sales growth for 2019, and lowered adjusted EPS guidance to $1.90-2.00 from $2.00-2.10. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Confidence and Couture—Consumer Sentiment Ticks Up, Gucci Leads in Luxury: US Consumer Survey InsightsGroceryshop 2025 Day One: AI Drives Smarter Operations as Shoppers Seek Value and WellnessAnalyst Corner: What’s Happening in Beauty Retail?—Analyzing Mixed Performance and Success Strategies with Madhav PitaliyaRolling Metric Sentiment Declined This Week: Weekly US Consumer Sentiment, Week 36, 2025—Infographic
