11:42 AM EST - Gildan Activewear Inc. : reported first-quarter net earnings of $4.3 million U.S. or $0.04 U.S. per share, compared to $27.9 million U.S. or $0.23 U.S. per share in the same quarter last year. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.03 U.S. per share for the quarter. Analysts' estimates typically exclude special items. Net sales for the quarter decreased to $184.0 million U.S. from $250.5 million U.S. in the comparable quarter. Analysts expected the company to report revenue of $221.78 million U.S. for the quarter. Gildan Activewear Inc.
shares T.GIL are trading down $2.46 at $10.09.
