GIL Q2 2023 Earnings — Gildan Activewear Inc. Revenue & Financial Results | Market Cap Arena

GILGildan Activewear Inc.

$10B

Q2 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$840M-6.2% YoY

Gross Profit

$217M25.8% margin

Operating Income

$183M21.7% margin

Net Income

$155M18.5% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

+19.6%

Cash Flow

Operating Cash Flow

$182M

Free Cash Flow

$126M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$1.7B

Stockholders' Equity

$2.0B

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$840M	$896M	-6.2%
Gross Profit	$217M	$265M	-18.3%
Operating Income	$183M	$174M	+5.0%
Net Income	$155M	$158M	-1.9%