05:46 PM EDT, 04/29/2025 (MT Newswires) -- Gildan Activewear ( GIL ) reported Q1 adjusted earnings late Tuesday of $0.59 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected $0.57.

Net sales in the quarter ended March 30 rose to $711.7 million from $695.8 million a year earlier.

Analysts surveyed by FactSet expected $711.8 million.

The company reaffirmed 2205 adjusted diluted EPS guidance of $3.38 to $3.58 on revenue growth of mid-single digits. Analysts surveyed by FactSet expect non-GAAP EPS of $3.44 on sales of $3.41 billion.

The company kept its quarterly dividend at $0.226 a share, payable June 16 to investors of record May 20.