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Gildan Activewear Inc.

11:29 AM EST - Gildan Activewear Inc. : Announced its results for the second quarter ended July 1, 2018, updated its full year guidance and announced that it has increased the common share allotment of its current normal course issuer bid (NCIB) program. Record Q2 GAAP diluted EPS was $0.51 and adjusted diluted EPS of $0.52, up 6% over last year. The company enjoyed organic net sales growth of approximately 7%. $98 million of free cash flow generated in the quarter. Gildan Activewear Inc. shares T.GIL are trading up $5.59 at $39.39.