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Gildan Activewear Inc.

09:40 AM EST - Gildan Activewear Inc. : Announced results for the second quarter ended July 2, 2023. Sales of $840 million, Operating margin of 21.7%, adjusted operating margin1 of 16.5% For the second quarter operating income of $183 million, or 21.7% of sales, included a net insurance gain of $74 million. Gildan Activewear Inc. shares T.GIL are trading down $0.33 at $40.91.