03:55 PM EST - Gildan Activewear Inc. : announced its financial results for the fourth quarter of its 2010 fiscal year as well as for the full fiscal year. Net earnings for the fourth fiscal quarter ended October 3, 2010 were $56.8 million U.S. or $0.47 U.S. per share, after reflecting a restructuring charge of $0.01 U.S. per share related to the consolidation of U.S. distribution activities announced on December 10, 2009. Before the restructuring charge, adjusted net earnings for the fourth quarter amounted to $58.3 million U.S. or $0.48 U.S. per share, up 37.5% and 37.1% respectively from net earnings of $42.4 million U.S. or $0.35 U.S. per share in the fourth quarter of fiscal 2009. Gildan Activewear Inc.
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