Gildan activewear sees q3 2019 adjusted earnings per share about $0.53

Gildan activewear announces preliminary third quarter 2019 results and updates 2019 full year guidance.sees q3 2019 adjusted earnings per share about $0.53.sees q3 2019 gaap earnings per share about $0.51.prÉvoit un bpa ajustÉ au t3 2019 d'environ $0,53.gildan activewear- weaker than expected imprintable demand in n. america , softness in international imprintable markets negatively impacts q3 results.sees sales for q3 to be about $740 million, down 2%.revising its 2019 guidance to reflect approximate $50 million sales shortfall in q3.assuming current demand weakness for imprintables both in north america and internationally will persist through q4.expecting full year 2019 sales to be down low-single-digits compared to 2018.now projecting significantly lower year-end distributor inventory levels than previously projected.sees fy adjusted diluted eps is now expected to be in range of $1.65 to $1.70.gildan activewear - estimates lower demand expectations than previously projected will reduce sales projection for q4 by approximately $70 million.now projecting free cash flow for 2019 of $200 million to $250 million.sees gaap diluted eps projected to be $1.50 to $1.55 for full year 2019.q3 earnings per share view $0.57 -- refinitiv ibes data.q3 revenue view $789.1 million -- refinitiv ibes data.fy2019 earnings per share view $1.96 -- refinitiv ibes data.
GIL Ratings Summary
GIL Quant Ranking