07:05 AM EST, 02/19/2025 (MT Newswires) -- Gildan Activewear ( GIL ) reported Q4 adjusted earnings Wednesday of $0.83 per diluted share, up from $0.75 a year earlier.

Analysts polled by FactSet expected $0.81.

Net sales for the quarter ended Dec. 29 were $821.5 million, up from $782.7 million a year earlier.

Analysts surveyed by FactSet expected $804 million.

For 2025, the company expects adjusted diluted EPS in the range of $3.38 to $3.58 and revenue to grow by mid-single digits. Analysts surveyed by FactSet expect non-GAAP EPS of $3.47 and sales of $3.40 billion.

The company announced a 10% increase in its quarterly dividend to $0.226 per share, payable on April 7 to shareholders of record on March 12.